Terrestrial Energy Inc. (TEI), a Canadian advanced nuclear reactor company, received notice yesterday from the Canadian Nuclear Safety Commission (CNSC) that it successfully completed the first phase of the CNSC’s pre-licensing vendor design review for TEI’s new Integral Molten Salt Reactor (IMSR) nuclear power plant design.
This design review allows the government to assess the design and determine whether any obvious issues exist that would stop the licensing process and that could be resolved before the licensing process actually started. Success at this stage really shows whether or not the vendor is serious and has done their homework on what the regulator needs to approve the reactor design.
Success in this step is necessary for Terrestrial Energy to achieve its goal of deployment in the next ten years.
TEI Chief Executive Officer Simon Irish said, ‘Completing Phase 1 of the vendor design review – the first advanced reactor to do so – is a landmark achievement. It places the company as an early leader in a fast-growing technology sector. The IMSR nuclear power plant is a transformative energy technology that is now one step closer to making a major contribution to the world’s growing demand for low-cost, clean and reliable energy.’
James Conca – Forbes – November 10, 2017.
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