The Ultra Safe Nuclear Corp reports that it continues to make progress towards deployment of its first micro modular reactor with the signing of the Project Host Agreement for the company’s initial deployment site in Canada. Global First Power, the joint venture of Ontario Power Generation and Seattle-based Ultra Safe Nuclear, has signed a Project Host Agreement with Canadian Nuclear Laboratories (CNL) in support of the MMR Project at Chalk River, a site owned by Atomic Energy of Canada Ltd. and managed by CNL. The project is on track to be the first micro reactor deployment in the world.
The Project Host Agreement establishes the framework under which GFP and CNL will work co-operatively with respect to licensing, design, siting, and other matters to advance the project. Signing of the agreement enables GFP and CNL to initiate development of a land-use agreement at Chalk River.
With the Host Agreement step completed, GFP has strengthened its status as the leading and closest-to-deployment, advanced reactor project in North America. The 15 MWt/5 MWe MMR power plant at Chalk River is expected to serve as a model for future commercial MMR installations, supporting remote off-grid customers, and Canada’s climate change goals.
"The Chalk River project remains on track for completion by 2026 and will demonstrate the superior design of our reactor and our fuel, as well as validate our business model,” stated Mark Mitchell, senior vice-president of commercial reactors for USNC. “Our partners in Canada are showing real leadership in pursuing an innovative vision for addressing climate change."
The MMR Energy System is a zero-carbon nuclear power plant, integrating one or several standardised micro reactors with a heat storage unit and the adjacent plant for power conversion and utilisation. Electrical power or process heat (or a mix of both) is produced, depending on configuration. Nuclear generated heat is transferred from the micro reactors to a molten salt energy storage unit that decouples the nuclear system from the power utilisation system, greatly simplifying operations and allowing flexible use of the energy generated. The system can be used to provide carbon-free, high-quality process heat for co-located industrial applications, and for high-efficiency hydrogen production.