C$10 Million to Develop First Molten Salt Molten Reactor

In comparison, U.S. overnight capital cost of coal-fired generation is estimated at $3.25/W, gas-fired generation at around $1/W and large-scale nuclear at $5.5/W, the Energy Information Administration (EIA) said in a 2013 study.Lower-cost nuclear reactors would be able to compete for 30% of the estimated world energy market in 2040.The Levelised Cost of Energy (LCOE) of the SSR is estimated at $44.64/MWh for a 1 GW plant and this is based on highly-conservative estimates for Operations and Maintenance (O&M) costs, O’Sullivan said.This LCOE is far below the EIA’s cost projections for new coal and gas-fired units in 2020, at $95/MWh and $75/MWh, respectively.Canada’s Terrestrial Energy has said the overnight capital cost of its molten salt reactor design also competes favorably against fossil fuel plants and has projected a LCOE of $40-$50/MWh for a 300MWe plant.This low capital cost results in a Levelised Cost of Electricity (LCOE) of just $44/MWhr with substantial potential to be yet lowerAdam Owens of https://moltexenergy.com/ outlines Moltex Energy’s 3 reactor designs: – SSR-W1000 is an identical design with more modules in a longer tank. – 525-630C.SSR-U: – Design heavily-related to SSR-W.