A Canadian nuclear technology company has raised CAD$10 million (£4.8m) for a project. Terrestrial Energy aims to bring its Integral Molten Salt Reactor (IMSR) technology to industrial markets in the 2020s. MSRs are nuclear reactors that use a fluid fuel in the form of a molten fluoride or chloride salt, different to conventional nuclear systems that use solid fuel. As an MSR fuel salt is a liquid, it functions as both the fuel – producing the heat – and the coolant – transporting the heat away and ultimately to the power plant. The company claims IMSR will offer reliable power solutions for electricity production, both on and off-grid and also energy for industrial process heat generation.
Energy Live News 11th Jan 2016 read more »