POWER Magazine•about 2 months ago
DOE Backs Terrestrial Energy Molten Salt Reactor Project
- •The U.S. Department of Energy (DOE) is partnering with North Carolina-based Terrestrial Energy to develop and operate a molten salt small modular reactor (SMR).
- •This initiative signals strong federal commitment and potential de-risking for advanced nuclear technologies, which could accelerate regulatory pathways and attract further investment for developers.
- •For large power consumers, this project represents a future source of reliable, carbon-free baseload generation, potentially offering long-term price stability and emissions reductions.
financing