Companies team up to secure fuel supply for Fleet Of IMSR plants
Terrestrial Energy and Centrus Energy have signed a memorandum of understanding to secure fuel supply for a future fleet of Generation IV Integral Molten Salt Reactor (IMSR) power plants.
The two companies will evaluate the logistical, regulatory, and transportation requirements to establish fuel supply for the plants, which use standard-assay low-enriched uranium (LEU).
Standard-assay LEU has an enrichment level of less than 5% uranium-235 and is the current industry standard for commercial nuclear plants. The fact that IMSR plants are designed to use standard-assay LEU fuel provides important advantages for rapid commercial deployment, Terrestrial Energy said.