Great news - from Forbes:
Terrestrial Energy Describes Progress Towards Commercializing Advanced Small Modular Reactor
Simon Irish, the Chief Executive of Terrestrial Energy, provided a project update to the 7th Annual SMR and Advanced Reactor Summit organized by Nuclear Energy Insider.
What Is Terrestrial Energy Doing To Move Its Design To Market?
His company is developing an Integral Molten Salt Reactor (IMSRTM). He noted that he had last provided information to the Nuclear Energy Insider (NEI) annual summit two years ago when the event occurred in Charlotte, North Carolina. During the period since that report, his company has been making steady progress towards commercialization.
The article is a bit sketchy on details but basically, the company delivers a sealed core good for seven years of operation. At the end of seven years, the core is moved to a cool-down pool and a few years later, trucked back to the factory for recycling. It generates not only electricity but can be used for industrial process heat - tar sands extraction, reformation of methane to make Hydrogen, lots of applications.
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