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Moltex Energy LLP owns the intellectual property rights to a novel and very low capital cost molten salt reactor capable of simple construction. The company’s strategy is to license this intellectual property in such a way as to achieve rapid global commercialization of the technology leading to meaningful reductions in global CO2 emissions. This reactor is in principle capable of operating using the thorium/uranium fuel cycle but will initially use the more familiar plutonium/uranium cycle.
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Leader: Dr. Ian Scott Headquarters: London, UK Reactor type: Static molten salt fuel, molten salt cooled Website: MoltexEnergy.com |
Achievements in 2014 - Moltex
A robust portfolio of patents were filed during the year, both in the UK and internationally. The key patent, protecting the use of static (un-pumped) molten salt fuel in a nuclear reactor was granted in the UK in December 2014, having been progressed through the UK ”Green technology” fast track route.
A comprehensive technical dossier covering regulatory issues, estimated capital costs, neutronic performance, thermal hydraulic performance and materials performance has been completed and will be the basis for a prospectus offering the intellectual property for sale globally in early 2015.
A comprehensive technical dossier covering regulatory issues, estimated capital costs, neutronic performance, thermal hydraulic performance and materials performance has been completed and will be the basis for a prospectus offering the intellectual property for sale globally in early 2015.
Goals for 2015 - Moltex
Conclusion of a licensing/sale agreement with a government, company or consortium committed to rapid development of the reactor with the first stage being licensing and detailed design of a small scale research type reactor.