Rendering of a potential Moltex SMR site. Image: submitted.
The Moltex Clean Energy small modular reactor (SMR) should be installed and operational by the early 2030s, the company said in a virtual update Monday.
The Moltex “Stable Salt Reactor – Wasteburner (SSR-W)” is a small nuclear reactor being developing with NB Power. It will be installed at Point Lepreau and is expected to bring carbon-free electricity by the early 2030s.
Moltex Clean Energy announced their concept design of the SSR-W has been finalized with the engineering design in progress. The first phase of the Vendor Design Review is being finalized with phase two and licensing preparations underway.