23 Sep 2019
Moltex: crowd funding success!
The public has given Nuclear technology a ringing endorsement following a world-first and over-subscribed crowdfunding campaign for  Moltex Energy.

We have just closed an investment round, including crowd-funding through the Shadow Foundr platform, raising funding for our entirely new fission technology. The round closed at its maximum of £6m against a target of £4m, with nearly h ...

05 Aug 2019
New Brunswick Power pleased with Moltex's progress
The CEO of New Brunswick Power, Gaëtan Thomas, is pleased with our progress as we pursue the implementation of the first of a kind Stable Salt Reactor (Wasteburner) at the Point Lepreau site. 

One sentence in the NBP announcement puts it rather well: "Small modular reactors have inherent safety characteristics, simpler design, lower cost, ability to recycle their used fuel, and will have ...

08 Jul 2019
Moltex announces high level advisory committee for Canada
Moltex Energy Canada is pleased to announce the formation of an advisory committee which will support the company in achieving its vision. The Committee will include industry leaders and top experts in their fields and includes senior representatives from New Brunswick Power, Ontario Power Generation, Bruce Power, the Nuclear Waste Management Organisation and IDOM.

Rory O’Sullivan, CEO of Mol ...

05 Jul 2019
US Department of Energy awards $2.55m grant to Moltex Energy
Moltex receives U.S. Department of Energy funding to help commercialise and scale up Stable Salt Reactor Wasteburner

Saint John, New Brunswick

Moltex Energy is delighted to announce that it has been awarded $2.55M in funding by the U.S. Department of Energy’s Advanced Research Project Agency-Energy to develop Composite Structural Technologies (COST) for the Stable Salt Reactor (SSR). These tec ...

06 Jun 2019
Bill Pilkington, former CNO at Point Lepreau and AECL joins Moltex Energy
Moltex Energy Canada is pleased to announce that Bill Pilkington has joined the New Brunswick team as VP Corporate Affairs. Bill is a long-time resident of New Brunswick with 40 years of experience in the Canadian Nuclear Industry. In his view, “This is a great opportunity for New Brunswick and Canada to be leaders in clean carbon-free energy. The Moltex Stable Salt Reactor is a revolu ...

24 May 2019
Moltex hits crowd-funding target
Following last week’s record webinar attendance on the Shadow Foundr website, we have clearly captured the minds of investors. We have already passed our initial £4m target. The raise is now up over £5m and rising fast; boosted by a £2.5m corporate investment from Nuclear Energy Consultancy firm, IDOM.

We will over-fund this current round to a maximum of £6m afte ...

02 May 2019
Moltex Energy is crowd funding!
Help us to reduce the impact of climate change, produce much cheaper, carbon-free electricity and clean up nuclear waste.Is there anything that each of us can do that will make a meaningful impact on climate change? It feels like the individual actions we might take are just playing around the edges.   Well there is something big we can do. The solution to many of our global energy probl ...

03 Apr 2019
Moltex Energy secures multi-million dollar funding from leading global consulting firm IDOM
Investment enables Moltex to expand Canadian operations and brings first commercial Molten Salt Reactor closer to reality 

Saint John, 3 April 2019

Moltex Energy has secured a substantial investment from IDOM Consulting, Engineering, Architecture SAU, a prestigious and innovative global consulting & engineering company with a large, experienced and successful nuclear engineering p ...

21 Mar 2019
Estonian energy company selects Moltex as preferred technology
Fermi Energia of Estonia have selected Moltex Energy as their preferred technology as they look to establish carbon-free energy production in the Baltic region. The two companies have signed a Memorandum of Understanding which expresses their intention to work together, including a feasibility study for the siting of a Moltex advanced reactor and the development of a suitable licensing regime ...

11 Mar 2019
Chinese molten salt expert joins Moltex Canada
Moltex Energy is delighted to announce that Professor Kun Chen has joined the company as Head of Licensing & Regulatory Affairs for Canada. Dr. Chen will be working in Moltex’s New Brunswick office, supporting the company’s work with New Brunswick Power to license and build the first Stable Salt Reactor. 

Dr. Chen is a member of the Chinese Academy of Sciences and has worked on ...

24 Feb 2019
Moltex Energy completes its submission to the UK Advanced Modular Reactor programme
Moltex Energy is one of eight organisations included in the UK Department of Business, Energy and Industrial Strategy’s (BEIS) Advanced Modular Reactor (AMR) programme. Having received a grant of £300,000 in 2018, Moltex Energy is now bidding for a share of the £40m that is available in 2019. The AMR programme is intended to support promising nuclear technologies. 

Advanced ...

13 Jul 2018
Moltex Energy signs agreement for first deployment of its SSR-W nuclear reactor in New Brunswick
London, 13th July 2018

Just weeks after its success in being selected as a winner in the UK government’s Advanced Modular Reactors competition, Moltex is delighted to announce that it has also been selected by New Brunswick Energy Solutions Corporation and New Brunswick Power to progress development of its SSR-W (Stable Salt Reactor - Wasteburner) technology in New Brunswick, with the aim of ...

28 Jun 2018
Moltex successful in the UK government £300k Advanced Modular Reactors competition
London, 22 June 2018 – Moltex Energy, a leading advanced nuclear reactor technology company and proprietor of the Stable Salt Reactor (SSR) design, has been awarded a £300k contract by the UK Government as part of the Department for Business, Energy and Industrial Strategy’s Advanced Modular Reactor (AMR) scheme.

The funding will be used to develop a feasibility study for deployi ...

12 Jun 2018
Moltex Exhibits at World Nuclear Exhibition 2018, Paris
Do you want to meet the Moltex team? If you are a supplier, a utility or interested in joining the team come meet us at our stand located at F73. We will be on hand to answer any of your questions.
We will also be giving an update of our progress during the lunch discussion on 28th June.

15 Jan 2018
Altran, Moltex Energy and Bristol University develop wireless control systems
University of Bristol, Altran and Moltex Energy awarded Innovate UK funding to design wireless nuclear control system

Altran has announced that it is leading a consortium of Moltex Energy and the University of Bristol to deliver the ICON research project, which will explore the feasibility of designing a nuclear control system using wireless technology.

ICON (Intelligent Control for efficient Nuclea ...

16 Oct 2017
Moltex Strengthens Technical Advisory Board
Two members have been added to Moltex Energy's Technical Advisory Board to bring a wider deph of technical input to the development of the Stable Salt Reactor and associated technologies. Thy are:

Jae Young Lee, Ph.D. who brings industrial collaborations and technical expertise in thermal hydraulics and gas management. Dr. Lee has a Ph.D. in Nuclear and Quantum Engineering from KAIST. He is POSCO c ...

19 Jul 2017
Reactor Physicist Working on SSR Wins IAEA Young Nuclear Scientist Award
Congratulations to Eirik Pettersen who is working on the SSR nuclear physics design through our collaboration with Seaborg Technologies. Eirik has won an award at the IAEA conference on Fast Reactors and Related Fuel Cycles for his cutting edge work on molten salt reactors. 
More info here. ...

14 Jul 2017
Moltex Energy Appoints Deloitte to Support their Canadian Deployment Programme

24 Jun 2017
Molten Salt Reactors and Thorium Energy book published
We are pleased that a definitive, up to date, description of the status of molten salt reactors and thorium research has now been published by Woodhead Publishing (Elsevier). This book was edited by Thomas Dolan and includes four chapters authored or co-authored by Moltex Energy's Ian Scott. These chapters cover
- the broad class of static molten salt fuelled reactors
- the fast spectrum Wasteburne ...

09 Jun 2017
Moltex Round B funding successfully completed and was oversubscribed
We are pleased to report that Moltex Energy's Round B funding was oversubscribed! Welcome to some very impressive new shareholders, confident that the Moltex Stable Salt Reactor will put nuclear energy back into the mix, this time as a safe and secure form of cheap, abundant, carbon-free energy to partner renewables and use up existing nuclear waste. Our business now moves to secure the Canadian p ...

01 Sep 2016
Moltex gets coverage in Bloomberg, The Telegraph & The Times

14 Jul 2016
Moltex Energy Publishes Cost of Electricity
In an interview with Nuclear Energy Insider Moltex reveals its overnight capital cost of under $2/W based on an independent cost estimate by a leading UK engineering firm. Further reductions to this overnight cost are expected for modularised construction. For comparison, the capital cost of a modern pulverised coal power station in the U.S. is $3.25/W and the cost of Hinkley Point C is $7.46/W.
T ...

08 Jul 2016
Moltex Energy Meets World Leaders
Moltex Energy was invited to exhibit at the Clean Energy Ministerial (CEM7) and the inauguration event of Mission Innovation in San Francisco, June 2016. We discussed our development plans with the US Secretary of Energy, Ernest Moniz who understood the near term readiness of the Stable Salt Reactor.  The team explained the safety benefits to the Lord Bourne of Aberystwyth, Parliamentary Und ...

28 Mar 2016
Moltex Energy and Canada
Moltex Energy has opened discussions with the Canadian nuclear regulator, the CNSC, about the potential for using the CNSC pre-licensing vendor design review to examine the licensability of the Stable Salt Reactor. Several small reactor companies are considering this approach, including our colleagues in the molten salt field at Terrestrial Energy. This reflects the flexible, principles rather tha ...

28 Mar 2016
UK Government Small Modular Reactor assessment
The UK government is exploring the potential for small modular nuclear reactors to complement current plans for large conventional reactors. Moltex Energy was invited to provide input to the second stage of this process, the Small Modular Reactor Techno-Economic Assessment which completed in March 2016. The Chancellor announced in the Spring budget that the third stage, a competition to identify t ...

27 Oct 2015
Moltex Energy joins New Nuclear Watch Europe
We are delighted to have joined New Nuclear Watch Europe (NNWE), the exciting pro-nuclear innovation association. Founded in 2014 by Tim Yeo, former Chair of the House of Commons’ Energy & Climate Change Select Committee, NNWE’s mission is to support the vital role of nuclear power in decarbonizing the EU’s energy supply.

We are honoured to have joined such a prestigious organ ...

16 Oct 2015
Moltex Energy’s Managing Partner speaks at Oak Ridge National Laboratory
Dr Ian Scott, inventor of Stable Salt Reactor Technology, has addressed Oak Ridge National Laboratory as part of ORNL’s commemoration of the 50th anniversary of the Molten Salt Reactor Experiment’s first operation. Dr Scott spoke to leading nuclear experts and Molten Salt Reactor technologists from around the world as part of a major symposium assessing the past, present and future of ...

13 Oct 2015
Inventor of Stable Salt Reactor Technology addresses Bhabha Atomic Research Centre, India
Dr Ian Scott, our Managing Partner, received a welcoming and enthusiastic reception from India's leading nuclear scientists and engineers at the Thorium Energy Conference 15, which is being held at the Bhabha Atomic Research Centre, India’s premier nuclear R&D centre, near Mumbai.

After a period of enthusiasm in the 1970s, India is once again seriously investigating the potential of ...

08 Jul 2015
Independent feasibility study: Moltex's Stable Salt Reactor Technology is most promising for UK
Independent consultancy Energy Process Developments has released the results of its year-long study of the feasibility of various Molten Salt Reactors for the UK. EPD’s study, which was co-funded by InnovateUK and is the first of its kind, assessed six different Molten Salt Reactor designs for various criteria including basic technical feasibility, “licensability&rd ...

28 Mar 2015
Platts Energy Economist reviews the SSR
Platts Energy Economist has published a review and commentary on the Stable Salt Reactor written by its Managing Editor Ross McCracken. Energy Economist is a subscription only journal targeted at senior executives in the Energy and Energy Finance sectors. We have however generously been given permission to make the article available here.

11 Mar 2015
Moltex Energy presents at Culham Centre for Fusion Energy
Ian Scott from Moltex Energy presented a seminar on the Stable Salt Reactor to an enthusiastic and interested audience at the Culham Centre for Fusion Energy, home of the Joint European Torus which is at the heart of very long term efforts to tame fusion energy for peaceful use. It was a unique meeting of those planning to solve the economic challenge of nuclear energy quickly with those seeking a ...

15 Dec 2014
Stable Salt Reactor patent granted in the UK
Moltex Energy's key patent protecting the invention of using molten salt nuclear fuel in static fuel tubes was filed in February 2014 and granted in December 2014. This extraordinarily fast process was made possible by the UK patent office's "green" fast track which puts inventions strategically important to the UK's plans to decarbonise its economy on a priority basis. The fast process was also m ...