Breaking News
Odometers Rolled ForwardStarlink Spy Network: Is Elon Musk Setting Up A Secret Backchannel At GSA?
The Worst New "Assistance Technology"
Vows to kill the Kennedy clan, crazed writings and eerie predictions...
Top Tech News
Scientists reach pivotal breakthrough in quest for limitless energy:
Kawasaki CORLEO Walks Like a Robot, Rides Like a Bike!
World's Smallest Pacemaker is Made for Newborns, Activated by Light, and Requires No Surgery
Barrel-rotor flying car prototype begins flight testing
Coin-sized nuclear 3V battery with 50-year lifespan enters mass production
BREAKTHROUGH Testing Soon for Starship's Point-to-Point Flights: The Future of Transportation
Molten salt test loop to advance next-gen nuclear reactors
Quantum Teleportation Achieved Over Internet For The First Time
Watch the Jetson Personal Air Vehicle take flight, then order your own
Microneedles extract harmful cells, deliver drugs into chronic wounds
C$10 Million to Develop First Molten Salt Molten Reactor
On 2018-07-13, New Brunswick Power and NB Government agreed to build, own and operate a SSR-W300, with New Brunswick and Moltex each funding CAD $5,000,000 towards development. Moltex Energy's North American headquarters is in Saint John, NB.
Moltex is currently part way through Phase 1 of 2 of Canadian Vendor Design Review.
They are one of eight reactor designs competing for about 56 million pounds in funding in the UK.
In 2016, Moltex talked to Nuclear Energy Insider and said their overnight capital cost would be under $2/W based on an independent cost estimate by a leading UK engineering firm. Further reductions to this overnight cost are expected for modularised construction. For comparison, the capital cost of a modern pulverized coal power station in the U.S. is $3.25/W and the cost of Hinkley Point C is $7.46/W.
$2 per watt capital costs are about the level of cost that China has for nuclear plant construction.