GlobeNewswire
OAKVILLE, Ontario and MONTREAL, Sept. 30, 2020 (GLOBE NEWSWIRE) — Terrestrial Energy has awarded L3Harris Technologies a contract to develop an engineering and operator training simulator for the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.
The IMSR power plant simulator is being built at L3Harris' operation in Montreal, Quebec and will be delivered to Terrestrial Energy's Oakville, Ontario facility in 2021. It will provide Terrestrial Energy with a high-fidelity platform to simulate and visualize all major IMSR reactor and power plant functions. The simulator will support Terrestrial Energy's engineering activities and, subsequently, operator training as development moves to licensing and construction prior to plant commissioning.
“We are applying our high-performance computing and reactor simulation capabilities to IMSR power plant development,” said Rangesh Kasturi, President, Maritime International, L3Harris. “This effort will result in Terrestrial Energy obtaining its first simulator for the IMSR power plant equipping its engineers with a dynamic, integrated and real-world tool to support IMSR deployment.”
“L3Harris' simulator provides an extraordinary real-world experience of the IMSR power plant operation and performance. It supports our engineering activities, operator training programs and future IMSR deployments,” said Simon Irish, CEO of Terrestrial Energy. “This digital technology illustrates how high-performance computing enables Generation IV innovation capable of providing cost-competitive, reliable, resilient and clean electric power and industrial heat.”
In addition to modeling and testing the integrated engineering simulator, L3Harris will provide its state-of-the-art Orchid® simulation environment and training to Terrestrial Energy for further simulator development. This aspect of the contract is a result of L3Harris' Industrial and Technological Benefits (ITB) commitments to Canada through its participation in the National Shipbuilding Strategy (NSS) on the Arctic and Offshore Patrol Ships program with Irving Shipbuilding.
“This investment in Terrestrial Energy is another example of the National Shipbuilding Strategy at work creating investment in people and businesses across the country to ensure Canadians are benefitting from coast to coast to coast,” said Kevin McCoy, President of Irving Shipbuilding. “Through the Arctic and Offshore Patrol Ship construction program and the Canadian Surface Combatant program, spending commitments to date have generated positive economic impacts for hundreds of businesses and organizations that are creating world-class innovation and research across the country.”
The ITB commitment requires identifying new opportunities that benefit Canadian industry when any work is performed outside of Canada on the NSS. The ITB program ensures that 100 percent of the value of a significant defence contract is spent in Canada, and this creates a strong link between our naval programs and the creation of innovation in our energy sector.
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. terrestrialenergy.com
About L3Harris Technologies
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.
https://financialpost.com/pmn/press-releases-pmn/globe-newswire-releases/terrestrial-energy-and-l3harris-technologies-to-develop-imsr-generation-iv-nuclear-power-plant-simulator
