Saint John, New Brunswick (Tuesday, May 25, 2021) – Moltex Energy is delighted to have completed Phase 1 of the Canadian Nuclear Safety Commission’s (CNSC) Pre-Licensing Vendor Design Review (VDR) for Moltex’s 300 MW Stable Salt Reactor – Wasteburner (SSR-W). The CNSC concluded that Moltex has a clear understanding of the Canadian regulatory requirements and expectations.
“Completing Phase 1 of the VDR is a major achievement,” said Rory O’Sullivan, CEO for North America, Moltex Energy. “This demonstrates that our technology is progressing in the right direction, and gives current and future customers confidence in our design of advanced nuclear reactors.”
“I want to congratulate Moltex for successfully completing Phase 1 of the VDR,” said New Brunswick’s Natural Resources and Energy Minister Mike Holland. “This is a significant milestone and I look forward to your continued success as you move through the CNSC’s regulatory process.”
The VDR is an optional service provided by the CNSC. The objective of a review is to verify the acceptability of a nuclear reactor design with respect to Canadian nuclear regulatory requirements and expectations, as well as Canadian codes and standards. The review does not certify or licence the design.
A Phase 1 VDR provides early and general feedback to the vendor about its reactor design and processes on matters related to CNSC regulatory requirements and expectations.
Moltex’s SSR-W is a molten salt reactor that uses nuclear waste as fuel. The SSR-W can significantly reduce the volume and radioactivity of nuclear waste across Canada and around the world. It offers a cost-effective, environmentally-friendly, and socially acceptable solution to waste minimization.
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Moltex is a privately held company striving to solve the world’s most critical challenge: providing sufficient clean, reliable and affordable energy. In collaboration with innovators and energy experts, the company is developing a small modular reactor that will help keep fossil fuels in the ground. Moltex was selected by NB Power and the Government of New Brunswick to progress development of its reactor technology in New Brunswick, Canada, with the aim of deploying its first reactor at the Point Lepreau site by the early 2030s.