A cutaway of the Integral Molten Salt Reactor and balance of plant. (Image: Terrestrial Energy)
Ammonia is a carbon-free energy carrier that could be produced using thermal energy from nuclear power plants. Terrestrial Energy announced June 9 that it has signed an agreement with engineering firm KBR to explore the use of its Integral Molten Salt Reactor (IMSR) for both hydrogen and ammonia production.
Rendering of the Thor and Sif concept cruise ships. (Image: Ulstein)
The Norwegian shipbuilding company Ulstein has developed a design concept for a cruise ship fueled by a molten salt nuclear reactor. In the company’s concept, the 500-foot-long, 60-passenger ship, named Thor—in reference to the Norse god as well as the thorium used in the reactor core–would generate its electricity with the onboard reactor. The ship would also serve as a charging station for a fully electric companion ship named Sif, named after the goddess who was Thor’s wife.
Rory O’Sullivan, Moltex Energy’s chief executive officer, North America, speaks at the SNC-Lavalin/Moltex partnership announcement ceremony at CNA2022.
SNC-Lavalin and Moltex Energy are partnering to advance the development and deployment of small modular reactor technology in Canada, the companies announced last week at the Canadian Nuclear Association’s 2022 conference in Ottawa, Ontario. The partnership will support Moltex as it pursues the licensing and construction of its 300-MW Stable Salt Reactor–Wasteburner (SSR-W), a molten salt reactor that uses nuclear waste as fuel.
China’s molten salt loop experiment. (Photo: Thorium Energy World)
China is moving ahead with the development of an experimental reactor that would be the first of its kind in the world and “could prove key to the pursuit of clean and safe nuclear power,” according to an article in New Atlas.
May 21, 2021, 2:41PMNuclear NewsCharles Forsberg and Eric Ingersoll TerraPower and GE Hitachi Nuclear Energy jointly developed the sodium-cooled Natrium reactor with the turbine hall, nitrate heat storage tanks, and cooling towers separated from the reactor at the back of the site.
The viability of nuclear power ultimately depends on economics. Safety is a requirement, but it does not determine whether a reactor will be deployed. The most economical reactor maximizes revenue while minimizing costs. The lowest-cost reactor is not necessarily the most economical reactor. Different markets impose different requirements on reactors. If the capital cost of Reactor A is 50 percent more than Reactor B but has characteristics that double the revenue, the most economical reactor is Reactor A.
The most important factor is an efficient supply chain, including on-site construction practices. This is the basis for the low capital cost of light water reactors from China and South Korea. The design of the reactor can significantly affect capital cost through its impact on the supply chain. The question is, how can advanced reactors boost revenue and reduce costs?