The purpose of the agreement is to formally establish the framework for cooperation between the Thorium Energy Alliance and El Salvador to develop a strategic plan to deploy thorium-powered reactors and thermal energy storage systems. Thorium is a naturally occurring element that can be used as fuel to generate electricity in advanced nuclear reactors.
They said it: “I am pleased to announce the launch of this innovative project that will revolutionize the energy landscape of El Salvador,” said Alvarez.
Kutsch added, “The leadership of El Salvador is rising and taking the bold steps necessary to ensure access to abundant and reliable energy, with the goal of ensuring a future of prosperity or all."
Mayorga noted, “Through this effort, we are fulfilling President Nayib Bukele's mandate to consolidate the diversification strategy of our energy matrix to improve the economy and well-being of our citizens."
El Salvador’s energy: Currently, the bulk of the country’s electric power comes from fossil fuels, but gains are being made by hydropower, biomass, solar, and geothermal energy.
El Salvador uses about 6 million MWh of electric energy per year, according to WorldDate.info.
About the Alliance: The Thorium Energy Alliance is an education-focused organization composed of scientists and engineers who are committed to reducing the cost of energy, increasing the availability of critical materials, and protecting the environment.
