Moltex Energy Gets US$7.5 Million in Crowdfunding for Molten Salt Nuclear Reactor

Moltex Energy has raised 6 million british pounds (USD7.5 million) in funding through online investment platform Shadow Foundr. Their design is a Stable Salt Reactors that builds on the fundamental safety and simplicity breakthrough of molten salt fuel in essentially standard nuclear fuel tubes. The funding will support the company through the pre-licensing process in …

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US All Liquid Oil Production is at 73% of OPEC Oil Production

US All Liquids oil production is at 19.6 million barrels per day. US oil production is forecasted to increase by 1-2 million barrels per day by the end of 2020. US crude oil production is at 12.5 million barrels per day. Saudi Arabia had to cut oil production to support oil prices. Saudi Arabia is …

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Canada Will Demo, Deploy and Lead in SMR Nuclear Fission Reactors

Canada has one of the world’s most promising domestic markets for SMRs (Small Modular Reactors – nuclear fission). Conservative estimates place the potential value for SMRs in Canada at $5.3B between 2025 and 2040. Globally, the SMR market is much bigger, with a conservative estimated value of $150B between 2025 and 2040. This represents a …

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Mission Innovation for Clean Energy Solutions

At the 4th Mission Innovation (MI) Ministerial meeting, Mission Innovation (MI) [European countries, Canada, China and the USA] members announced bold new projects and collaborations that will push clean energy research and innovation forward with the aim of bringing affordable, reliable clean energy to communities around the world. Canada announced Breakthrough Energy Solutions Canada, a …

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C$10 Million to Develop First Molten Salt Molten Reactor

Moltex was founded in 2014 by Dr. Ian Scott, and was privately funded until 2018. Moltex’s mission is to enable low-cost clean energy as a practical economic solution. On 2018-07-13, New Brunswick Power and NB Government agreed to build, own and operate a SSR-W300, with New Brunswick and Moltex each funding CAD $5,000,000 towards development. …

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Brexit Party Could Win in UK Election and Trudeau Will Likely Lose in Canada

A new Opinium/Observer poll shows both major British parties have lost vote share: Labour has lost ground to the Lib Dems and Greens, while the Conservatives are losing ground to the Brexit Party who have reached 21%. The Brexit Party has taken a strong 13-point lead in the latest poll for the European Parliament elections. …

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Ukraine Helping South Korea, China and Canada With Rockets or Jets or Both

South Korea successfully launched a locally developed 75-ton space rocket engine which is comparable to a SpaceX Falcon 1. The orbital rocket KSLV-II (Korea Satellite Launch Vehicle) is also known as Nuri. The rocket is 25.8 meters tall and has a diameter of 2.6 meters and weighs more than 52 tons. South Korean media did …

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Graphene water filtration system

Graphene Leaders Canada has its new GLC+ WATER TECHNOLOGIES PLATFORM. The platform offers a disruptive solution to water pollution and remediation and is based on years of expertise in graphene solutions work with a keen focus in water filtration. The material has been developed as a loose granular adsorbent that can be integrated into existing …

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Terrestrial Energy is a leader in commercializing next gen nuclear technology

Terrestrial Energy is leading the way to getting regulatory approvals for its molten salt fission reactor design and has built up an industrial board representing 10 of the largest Nuclear Reactor companies for advice it on its path to market. Terrestrial Energy aims to build and commission with a power utility the first its walkaway …

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FCC will approve Kepler, LeoSat, Telesat and SpaceX satellites

The FCC will be voting to approve several companies with new non-geostationary satellite constellations. Viasat (California) will only launch 20 medium-Earth-orbit satellites instead of 24 as per their original plan. Kepler will create a new satellite system for the Internet of Things. LeoSat will offer high-speed connectivity for enterprises and underserved communities. Both will be …

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C$49.3 million investment in General Fusion to 2023 Nuclear Fusion Demo

The Government of Canada has made a new C$49.3-million investment in General Fusion, a clean technology company seeking to transform the world’s energy supply with safe, sustainable and economical fusion energy. The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, together with the Honourable Harjit Singh Sajjan, Minister of National Defence, announced the …

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