UK-based Moltex Energy will build a demonstration SSR-W (Stable Salt Reactor – Wasteburner) at the Point Lepreau nuclear power plant site in Canada under an agreement signed with the New Brunswick Energy Solutions Corporation and NB Power. Moltex becomes the second partner in a nuclear research cluster that will work on research and development of small modular reactor technology in the Canadian province.
The agreement provides CAD5.0 million (USD3.8 million) of financial support to Moltex for its immediate development activities and Moltex will open its North American headquarters in Saint John and build its development team there. It also calls for Moltex to deploy its first SSR-W at the Point Lepreau nuclear power plant site before 2030.
The government of New Brunswick announced on 26 June its commitment of CAD10 million (USD7.5 million) to help the New Brunswick Energy Solutions Corporation develop a nuclear research cluster in the province, which is home to the Point Lepreau nuclear power plant. The move aims to position New Brunswick as a leader in the field of research and development of SMR technology. Last week, Advanced Reactor Concepts (ARC) was announced as the first partner in the nuclear research cluster. ARC is developing the ARC-100, a 100 MWe integrated sodium-cooled fast reactor with a metallic uranium alloy core.
World Nuclear News – July 16, 2018.
Want More Investigative Content?
