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 …
Nextbigfuture interviewed Robert Hargraves of Thorcon to clarify some information about the status of the revolutionary Thorcon molten salt nuclear reactor and the implications of the new agreement with PAL Indonesia. There is good technical progress on this very promising project. Indonesia’s businesses and government are very interested but further approvals are needed. Thorcon now …
Indonesia’s state company PT PAL Indonesia signed an agreement with next-generation molten salt nuclear energy company Thorcon International Pte Ltd for a development study and construction of a 500-megawatt reactor. Thorcon still needs to raise more funds to build the reactor and the Indonesian government has not officially approved the reactor project. PAL Indonesia is …
Indonesian President Might Start Revolutionary ThorCon Reactor Project This Year
MIT researchers have a new energy storage design that will store heat generated by excess electricity from solar or wind power in large tanks of white-hot molten silicon. It converts the light from the glowing metal back into electricity to get energy back out. It should be vastly more affordable than lithium-ion batteries. It should …
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 …
Kirk Sorensen of Flibe Energy described the central role that fluorination plays in the handling of fission products in molten-salt reactors. New fluorination technology may resolve previous challenges, at the 4th MSR Workshop at Oak Ridge National Laboratory, on October 4, 2018. U.S. Department of Energy is funding new research into liquid fluoride thorium reactor …
Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) has entered the second phase of a vendor design review by the Canadian Nuclear Safety Commission (CNSC). The design was the first advanced reactor to complete the first phase of the CNSC’s regulatory pre-licensing review. Walk away safe – no meltdown reactor Terrestrial Energy aims to commercialize its …
Transatomic Energy started in 2011, realized there were mistakes in their original analyses in 2016 and has shutdown in 2018. They have made their work and molten salt reactor designs open source. As of January 2018, the advanced nuclear industry has climbed up to over 75 projects in North America. At least five companies are …
In July, 2018, Moltex was selected by New Brunswick Energy Solutions Corporation and New Brunswick Power to progress development of its SSR-W (Stable Salt Reactor – Wasteburner) technology in New Brunswick, with the aim of deploying its first SSR-W at the Point Lepreau nuclear reactor site before 2030. The agreement provides $5 million of financial …
China has $3.3 billion funding two large molten salt fission reactor projects. There are 400 SINAP (Shanghai Institute of Applied Physics) scientists that are working on molten salt reactors at a complex of three new building. There are 200 other researchers working on the same subject but at different institutions. China already generates 60% more …