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 support to Moltex for its immediate development activities and Moltex will open its North America headquarters in Saint John and build its development team there.
The Moltex SSR-W reactor will use Candu fuel assemblies for its Canadian prototype.
The design does not use complex controls for managing risks, the Stable Salt Reactor – Wasteburner design eliminates risks.
The non-nuclear portion of the plant uses standard high-temperature natural gas plant turbines and other systems. Those have proven costs and build times from many projects.
Brian Wang – NextBig Future – August 29, 2018.
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