Terrestrial Energy Executes DOE Agreement for Project TEFLA Under Fuel Line Pilot Program

Core Viewpoint - Terrestrial Energy has signed an Other Transaction Authority (OTA) agreement with the U.S. Department of Energy (DOE) to expedite the operation of Project TEFLA, a pilot plant for IMSR Fuel Salt production, which is crucial for the company's business strategy [1][3]. Group 1: Project TEFLA Overview - Project TEFLA aims to demonstrate the proprietary IMSR Fuel Salt production technology, synthesizing fuel using standard-assay low-enriched uranium (SALEU) enriched to less than 5% U235 [2]. - The fuel produced will support the Project TETRA test reactor, developed under the DOE's Advanced Reactor Pilot Program [2]. - The project will utilize existing supplier relationships for key components, fuel feedstock, and transportation services [2]. Group 2: DOE Collaboration and Authorization - The DOE's authorization process will expedite the approval for the TEFLA pilot plant, facilitating the development of the TETRA test reactor and the IMSR fuel supply business [3]. - The OTA mechanism allows Terrestrial Energy to operate outside traditional federal contracting constraints, promoting rapid fuel production innovation [3]. Group 3: Commercialization and Energy Production - Terrestrial Energy's commercial IMSR plant is designed to produce 822 MWth (390 MWe) of clean energy for industrial heat applications and electricity generation [4]. - The plant's design emphasizes capital efficiency, cost reduction, and versatility, extending the application of nuclear energy beyond electric power markets [5]. - The company aims to build, license, and commission the first IMSR plants in the early 2030s, supporting global decarbonization efforts [6].