What happened to Transatomic?

In 2018 the company announced that it would be winding down and open source its intellectual property. The company discovered that in 2016 it had made errors in its early analysis and realized that the design couldn’t consume nuclear waste. Transatomic Power ceased operation on September 25, 2018.

How Long Will nuclear power be around?

Breeder reactors can power all of humanity for more than 4 billion years. By any reasonable definition, nuclear breeder reactors are indeed renewable. However, billion-year sustainability does require advances in seawater uranium extraction, reactor construction performance, and public acceptance.

How much power does the reactor generate?

A typical nuclear reactor produces 1 gigawatt (GW) of electricity.

Is Terrestrial Energy publicly traded?

OAKVILLE, ON – July 31, 2017 – Terrestrial Energy, a vendor of an Advanced Reactor power plant, has added NextEra Energy to its Corporate Industrial Advisory Board. NextEra Energy trades on the New York Stock Exchange under the ticker symbol NEE. It is a Fortune 200 company and is included in the S&P 100 index.

How much uranium does a reactor use?

Once loaded, the fuel normally stays in the reactor core for several years. About 27 tonnes of uranium – around 18 million fuel pellets housed in over 50,000 fuel rods – is required each year for a 1000 MWe pressurized water reactor.

Is terrestrial energy a Canadian company?

Terrestrial Energy is a Canadian nuclear technology company working on Generation IV nuclear technology. The company is developing a 190 MWe Integral Molten Salt Reactor design in Canada and is in phase 2 since 2018 of the Pre-Licensing Vendor Design Review with the Canadian Nuclear Safety Commission.

What is a Transatomic nuclear reactor?

Conventional Nuclear Reactors are most commonly industrialized as light-water Reactors, which are the most common type of Thermal Reactors. Transatomic Reactors, on the other hand, are improved versions of molten-salt Reactors.

What happened to Transatomic Power?

This recently happened with Transatomic Power (founded by Mark Massie and Dr. Leslie Dewan in April 2011), a Nuclear Startup that introduced a brand new design of its own Nuclear Reactor that is a lot more efficient than conventional ones.

What is a prototype nuclear power plant?

Prototype Plant The NRC’s regulations at 10 CFR 50.2, “Definitions,” and 10 CFR 52.1, “Definitions,” define a “prototype plant” as a nuclear reactor or power plant that is used to test design features or new safety features, such as the testing required under 10 CFR 50.43(e).

Why open source for Transatomic Power?

Nuclear Reactor Startup Transatomic Power going Open Source after Closure. It seldom happens that certain circumstances do not allow one idea to prosper as planned. But Open Source can solve that issue, once the idea is shared with the world. Others can take on that work, build upon and keep improving it.