‘. . . . . Insane ambition but thats actually what the planet needs if we are
going to solve the climate problem’
Ian Scott, Moltex
Moltex Energy is excited to be featured in the BBC Radio 4 podcast 39 Ways to Save the Planet, with hosts Tom Heap and Dr. Tamsin Edwards.
The podcast, which is presented in partnership with the Royal Geographical Society, presents 39 ways of relieving the stress that climate change is exerting on the planet.
Moltex founder and chief scientist Ian Scott appears in the September 3 episode ‘New Nuclear’, explaining how the company’s innovative molten salt reactors, which produce clean, reliable, low-cost energy, can play a significant role in global emissions reductions.
“Moltex exists for the purpose of solving climate change, and we believe the only way of succeeding is by making clean energy less expensive than fossil fuels,” said Ian Scott. “This is what led us to molten salt reactors, which are smaller, simpler and safer than conventional nuclear reactors, and therefore much less expensive to build and operate.”
Moltex has a project to demonstrate its technology in New Brunswick, Canada. In 2018, the company was selected by NB Power and the Government of New Brunswick from among 90 nuclear vendors to develop its reactor in the region, with the goal of deploying a first-of-a-kind unit next to NB Power’s existing CANDU 6 reactor.
Recently, Moltex received over $50 million from the Government of Canada to continue its research and development. The company has also received financial support from the UK and US governments, research partners and private investors.
The market for Moltex reactors is large and growing as energy demand around the world increases. If successful in rolling out reactors on a large scale, Moltex will indeed help save the planet.
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 goal of deploying its first reactor next to the Point Lepreau Nuclear Generating Station.