France 2030: The Two Startups Stellaria and Thorizon Working in Consortium With Orano Selected as Winners of the Call for Projects to Develop Molten Salt Reactors [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
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Source: Yahoo! Finance
consortia with Orano, the recognized international group in the field of nuclear materials, have been selected as winners of the "innovative nuclear reactors" call for projects, within the framework of the France 2030 investment plan. Each consortium is going to receive € 10 M of subsidies from the French state. The two projects are the fruit of collaboration between these three partners over a period of several months, with the desire to pool efforts and contribute to the emergence of a European Molten Salt Reactor (MSR) industry. Stellaria and Thorizon are developing two innovative MSR-type small reactor designs. Each of these two liquid fuel, fast neutron MSR designs is capable of generating the equivalent of 250 MW thermal power or 110 MW of electrical power to decarbonize industrial applications with round-the-clock energy needs. This power generation capacity corresponds to the continuous power needed to supply a major industrial site, or the equivalent of 250,000 households
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