TerraPraxis selects ground energy generation IV nuclear technology for Canadian business journal Repowering Coal Consortium.

OAKVILLE, ON, CHARLOTTE, NC and LONDON, November 7, 2022 (GLOBE NEWSWIRE) — Terrestrial Energy, an advanced nuclear technology developer, and TerraPraxis, an organization that innovates, designs and accelerates scalable and equitable climate solutions has signed. Letter of intent (LOI) to cooperate with the Repowering Coal. Repowering Coal, under development by TerraPraxis, is a program to standardize and systematize the replacement of coal furnaces in existing coal-fired power plants with high-temperature heat supplied by fourth-generation nuclear technology.

The Repowering Coal report, authored by TerraPraxis, was presented at COP26 in Glasgow in November 2021. Existing infrastructure for coal-fired power plants.

TerraPraxis selected Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) as the first candidate heat source vendor for the Repowering Coal program due to its unique capabilities. These include the high temperature heat supply needed to replace coal-fired boilers, and rapidly deployed capacity at the scale required to replace 2 terawatts of global coal capacity by 2050. A standardized system interface between IMSR and coal-fired power plant systems, they plan to apply to candidate sites as part of a repowering program for coal projects in North America and elsewhere.

“Terrestrial Energy is the developer of cutting-edge, next-generation nuclear technology with unique capabilities for coal regeneration,” said Kirsty Gogan, Managing Director of TerraPraxis. “Terrestrial Energy’s high temperature reactor technology is consistent with Repowering Coal’s vision and mission: to deploy Repowering Coal quickly and inexpensively to replace 2 terawatts of global coal capacity by 2050. I have.”

“TerraPraxis is a visionary leader in climate and energy focused on viable energy transition pathways,” said Simon Irish, CEO of Terrestrial Energy. “We are pleased to partner with TerraPraxis and their Repowering Coal consortium on such a potentially high-impact project. We can decarbonize hard-to-reduce areas quickly and cost-effectively.”

Eric Ingersoll, Managing Director of TerraPraxis, said: “As we conduct feasibility studies with multiple customers, we look forward to incorporating their technology into the design of our repowering call system while keeping regulatory requirements in mind.”

The U.S. Department of Energy (USDOE) reported in a September 2022 study that more than 300 coal-fired power plants in the United States alone are candidates for the Repowering Coal program. The U.S. DOE states that “80% of evaluated decommissioned and operating coal-fired power plant sites have the basic characteristics necessary to be considered suitable to host advanced reactors. I’m assuming there is. This represents over 260 gigawatts of generating capacity and has been installed at over 300 sites. The Terrestrial Energy-TerraPraxis partnership spans an estimated 2 terawatt opportunity to restart coal-fired power plants around the world.

In September 2022, TerraPraxis and Microsoft entered into an agreement to deliver digital solutions that will drive significant decarbonization in areas where the global industry is struggling to deliver results. TerraPraxis will combine its energy expertise with Microsoft to build and deploy a suite of tools that automate the design and regulatory approvals required to decarbonize coal facilities with nuclear power.

About earth energy

Terrestrial Energy is developing a zero-emission cogeneration plant for global industry into near-term commercial operation using proprietary Integral Molten Salt Reactor (IMSR) nuclear fission technology in an innovative compact modular plant design. increase. The IMSR is a Generation IV class non-light water reactor that operates at the high temperatures required for a wide range of industrial applications with transformative economic potential. IMSR plants are capable of grid-based power generation and industrial cogeneration in many energy-intensive industries, including petrochemicals and chemical synthesis for hydrogen and ammonia production. IMSR plants are nearly 50% more efficient than light water reactor nuclear power plants. Its industrial cogeneration capabilities bring industrial competitiveness, energy security and zero emission industrial production to today’s market. The IMSR plant’s use of existing industrial materials, components and fuels will support its near-term deployment and set the stage for the rapid global decarbonization of primary energy systems.

About TerraPraxis

TerraPraxis is a non-profit organization that innovates and incubates scalable solutions for a livable planet and human prosperity. TerraPraxis will accelerate solutions in neglected areas of the climate problem, especially in the hard to decarbonise areas of industrial heat, coal and heavy lift transportation. For more information on TerraPraxis, please visit www.terrapraxis.org.

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