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Wastefree Nuclear Pushes Us Forward!!

Exciting advancements in waste-free nuclear, continue to push us forward towards a CLEAN, reliable and safe energy future.

November 19, 2019

Moltex Energy is pleased to announce we have been selected by Canadian Nuclear Laboratories (CNL) to proceed into final negotiations in the Canadian Nuclear Research Initiative (CNRI).  CNRI is a program to support collaborative small modular reactors (SMR) research projects with third-party proponents in Canada.

Rory O’Sullivan, CEO for North America at Moltex Energy, said, “This is positive news and will support the advancement of our project in Canada. Nuclear power is essential to address our global energy issues as intermittent renewables alone cannot meet the current and future demand. Many countries around the world have stores of used nuclear fuel from their current nuclear plants and we have discovered a clean, safe and economical way to recycle this waste into a fuel to produce power in the Moltex Stable Salt Reactor and significantly reduce the amount of long lived radio-nuclides.”

The program will support the second and third phases of the Oxide Nuclear WAste Reduction Demonstration (ONWARD) project to explore the commercial viability of the WAste To Stable Salts (WATSS) technology to convert spent CANDU fuel into new fuel that can produce more clean energy from a Stable Salt Reactor. The first phase is already in progress.  Continue reading here…

 

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