Moltex Energy Canada and SNC-Lavalin Group have announced a strategic partnership to advance clean nuclear energy whereby SNC-Lavalin will support the development and deployment of Moltex’s nuclear technologies, including small modular reactors (SMRs).
“Canada and the world will need to explore all nuclear technology options to meet net zero commitments,” said Joe St Julian, President, Nuclear, SNC-Lavalin. “Given the scale of the challenge, it is important that we work on the deployment of Gen III SMRs and grid-scale reactors and look to the future and support the development of Gen IV reactors. Moltex’s unique Gen IV molten salt design can not only help achieve net zero carbon, but it can also help to reduce nuclear waste. SNC-Lavalin is pleased to support Moltex as it pursues a project to license and construct the first of a kind (FOAK) waste-burning reactor in New Brunswick, Canada.” St Julian has accepted a seat on the Moltex board of directors.
Moltex is a private company developing nuclear technologies, including a Stable Salt Reactor – Wasteburner (SSR-W), which uses recycled nuclear waste as fuel; a Waste To Stable Salt (WATSS) process for recycling nuclear waste; and GridReserve thermal energy storage tanks that allow the reactor to complement intermittent renewables.