Moltex Energy
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NuclearSmall Modular Reactors Provide Opportunity to Rethink Automation for Nuclear Generation
An emerging generation of small modular reactors is encouraging suppliers and regulators alike to consider new digital instrumentation and control approaches. While instrumentation and control (I&C)
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Press Releases
SNC-Lavalin announces strategic partnership with Moltex on Small Modular Reactor development, expanding nuclear energy in Canada
MONTREAL: April 13, 2022 – Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), and Moltex Energy Canada (“Moltex”) are pleased to announce a strategic partnership to advance the development and deployment of next-generation Small Modular Reactor (SMR) nuclear technology in Canada, including efforts to license and construct a first of a kind waste […]
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Press Releases
Moltex Receives $50.5 Million From Government of Canada for Small Modular Reactor
Saint John, New Brunswick (March 18, 2021) – Moltex Energy is thrilled to receive $50.5 million from the Government of Canada’s Strategic Innovation Fund (SIF) and Atlantic Canada Opportunities Agency (ACOA) to advance its project to design and commercialize a molten salt reactor and spent fuel recycling facility. “Our government supports the use of this […]
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NuclearAdvanced Nuclear Reactor Designs to Get Digital Twins
Nine projects will get $27 million in federal funding to develop digital twin technology for promising advanced nuclear reactor designs—including Kairos, Xe-100, BWRX-300, and the SSR-W—and help achieve a ten-fold reduction in their operations and maintenance (O&M) costs. The funding announced by the Department of Energy (DOE) on May 13 will be furnished under the […]
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NewsCanada SMR Initiative Adds New Brunswick Project
Moltex Energy, a privately held nuclear power development company headquartered in the UK with an office in New Brunswick, Canada, has entered into a collaboration agreement with Canadian Nuclear Laboratories (CNL) to support Moltex’s nuclear fuel development program for its Stable Salt Reactor (SSR), among the latest technology advancements for small modular reactors (SMRs). The […]
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NuclearReport: Advanced Nuclear Tech Could Be Lifeline for Industry
Advanced nuclear technology brought to fruition could produce electricity at an average levelized cost of electricity (LCOE) roughly 40% lower than conventional pressurized water reactors, according to a July 25 study by the Energy Innovation Reform Project and Energy Options Network (EON). “At these costs, nuclear would be effectively competitive with any other option for […]