Terrestrial Energy and Zachry Group Sign MOU to Accelerate IMSR Plant Development and Deployment
Source: | · TERRESTRIAL ENERGY · | September 10, 2024
Terrestrial Energy Inc. and Numerical Advisory Solutions based in Cary, NC, have signed a Memorandum of Understanding to collaborate further on the Integral Molten Salt Reactor (IMSR) site evaluation, plant development, and project deployment.
Numerical Advisory Solutions (NAS), a Zachry Group company, provides market-leading engineering for the design and safe operation of nuclear plants, including software tools and analysis. NAS has been serving electric utilities, advanced reactor developers, research organizations, regulators, architect-engineers, fuel vendors, and government agencies worldwide for 40 years.
Since 2022, NAS has been assisting Terrestrial Energy with thermohydraulic modeling of systems in the IMSR, a Generation-IV technology using a molten salt fuel and coolant. The MOU expands this existing relationship to a strategic collaboration, which leverages NAS’s extensive relationships in the industrial sector to accelerate IMSR plant development and plant deployment. The parties intend to work initially to evaluate U.S. sites for IMSR plant deployment with a focus on sites in Texas, and then subsequently on project development through to construction and commercial operation.
Terrestrial Energy’s IMSR plant uses molten salt reactor technology to deliver a low-cost nuclear plant capable of clean, firm industrial heat and power supply. IMSR plants will deliver a customizable combination of zero-carbon electricity and high-temperature thermal energy 24/7 for industrial processes from a site near, or co-located with, industrial demand from chemical, petrochemical, data centers and other energy intensive industrial activities.