MV Ramana: One of the beneficiaries of the run-up to a potential federal election has been the nuclear energy industry, specifically companies that are touting new nuclear reactor designs called small modular reactors. The largest two financial handouts have been to two companies, both developing a specific class of these reactors, called molten salt reactors (MSRs). First, in October 2020, Canada’s minister of innovation, science and industry announced a $20-million grant to Ontario-based Terrestrial Energy and its integral molten salt reactor (IMSR) design. In March 2021, New Brunswick-based Moltex received $50.5 million from the Strategic Innovation Fund and Atlantic Canada Opportunities Agency. As a physicist who has analyzed different nuclear reactor designs, including small modular reactors, I believe that molten salt reactors are unlikely to be successfully deployed anytime soon. MSRs face difficult technical problems, and cannot be counted on to produce electricity consistently. The climate crisis is far more urgent. Investing in technologies that are proven to be problematic is no way to deal with this emergency.
The Conversation 14th Sept 2021 read more »