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Frankenthal, Germany and Oakville, Ontario, Canada – March 3, 2020 – KSB and Terrestrial Energy have signed a Memorandum of Understanding (MOU) to collaborate on the supply of primary pumps for use in the Integral Molten Salt Reactor (IMSR), a Generation IV advanced nuclear power plant.
The IMSR primary molten salt pump circulates the fuel salt from the reactor graphite core to the primary heat exchangers, and it is a key component of Terrestrial Energy’s IMSR power plant. KSB is a global leader in developing and supplying nuclear power plant pumps qualified to nuclear industry codes and standards.
“We have many decades of nuclear industry knowledge and experience with technically advanced nuclear-grade pumps, which we will use to develop and supply IMSR molten salt pumps,” said Andreas Hefter, Vice President Nuclear Energy of KSB. “Terrestrial Energy is on a clear path to market, and its IMSR Generation IV advanced nuclear technology has tremendous market potential.”
“KSB has been the world leader in nuclear pump technology for more than 50 years. Today, the company is the leading supplier of pumps and other key systems to many of the world’s new power plant projects,” said Simon Irish, CEO of Terrestrial Energy. “We are pleased to be partnering with KSB’s expert team to develop and supply this important component for the IMSR power plant.”
The IMSR primary molten salt pump will be designed to meet the stringent nuclear safety, performance and reliability requirements for IMSR operation. The MOU between KSB and Terrestrial Energy sets out the framework, timetable and scope of collaboration, including the roles and contributions of each party to IMSR pump development.
About Terrestrial Energy
Terrestrial Energy is a developer of Generation IV advanced nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR®) technology. IMSR® technology represents true innovation in cost reduction, versatility and functionality of nuclear power plants. IMSR® power plants will provide zero-carbon, reliable, dispatchable, cost-competitive electric power and high grade industrial heat for use in many industrial applications, such as chemical synthesis and desalination, and in so doing extend the application of nuclear energy far beyond electric power markets. They have the potential to make important contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support rapid global decarbonization of the primary energy system by displacing fossil fuel combustion across a broad spectrum. Using an innovative design, and proven and demonstrated molten salt reactor technology, Terrestrial Energy is engaged with regulators and industrial partners to complete IMSR® engineering and to commission first IMSR® power plants in the late 2020s.
Website: www.terrestrialenergy.com
E-mail: info@terrestrialenergy.com
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About KSB
KSB is a leading supplier of pumps, valves and related systems. These are used in a large variety of applications including nuclear power plants. Founded in Frankenthal, Germany, in 1871, the company has a presence on all continents with its own sales and marketing organisations, manufacturing facilities and service operations. KSB employs more than 15,000 people. The company also has 170 service centres and over 3,000 service staff to provide inspection, maintenance and repair services worldwide. The success of the company is founded on innovative technology that is the fruit of its own research and development activities. KSB’s research centres focus their efforts on hydraulics, materials technology and the automation of pumps and valves.
Website: www.KSB.com
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Copyright ©2020 Terrestrial Energy Inc, All rights reserved.
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