The Organization of Canadian Nuclear Industries Announces Successful Supplier Day For Terrestrial Energy

Terrestrial Energy, a vendor of Advanced Reactor power plants, and the Organization of Canadian Nuclear Industries (“OCNI”), an industry association representing the Canadian nuclear supply chain, co-hosted a Supplier Day for Terrestrial Energy on May 9, 2017.

By OCNI and Terrestrial Energy
Monday, May 15, 2017

OAKVILLE, ONTARIO – May 15, 2017 – Terrestrial Energy, a vendor of Advanced Reactor power plants, and the Organization of Canadian Nuclear Industries (“OCNI”), an industry association representing the Canadian nuclear supply chain, co-hosted a Supplier Day for Terrestrial Energy on May 9, 2017.  There was a robust attendance from the Canadian nuclear supply chain and the Honourable Reza Moridi, Ontario’s Minister of Research, Innovation and Science, attended and gave the keynote address.

The purpose of Supplier Day events is to familiarize the supply chain companies with the vendor’s upcoming procurement requirements.  Terrestrial Energy is deploying an Advanced Reactor power plant that uses its proprietary Integral Molten Salt Reactor (IMSR®) technology, and the Company presented its IMSR® design with deployment schedule and resource requirements.

“OCNI is very proud to have co-hosted this event with our member, Terrestrial Energy,” said Ron Oberth, President and CEO of OCNI.  “The executives of Terrestrial Energy made a strong impression on the Canadian nuclear supply chain.  They made it clear to the assembly that Terrestrial Energy is a serious player in the nuclear power industry, and that it has the potential to open markets previously inaccessible to the industry, thereby creating new opportunities for the supply chain.”

“We would like to thank Ron Oberth and OCNI for their ongoing support,” added Simon Irish, CEO of Terrestrial Energy.  “This event gave us a wonderful opportunity to present to industry our plans for commercial deployment, and to present Terrestrial Energy as the advanced reactor industry leader.  We look forward to working with the supply chain in the years and decades to come.”

 

About Terrestrial Energy
Terrestrial Energy is a vendor of an Advanced Reactor power plant that uses its proprietary Integral Molten Salt Reactor (IMSR®) technology.  This technology represents true innovation in cost reduction, safety and functionality.  It will provide clean, convenient, dispatchable and cost-competitive heat for many industrial applications, including electric power provision and heat for industrial processes, such as chemical synthesis and desalination. IMSR® technology extends the application of nuclear energy far beyond electric power markets. IMSR® power plants promise to transform industrial competitiveness, energy security, and drive economic growth.  Their deployment can realize rapid global decarbonization of the primary energy system by displacing fossil fuel combustion across a broad spectrum.  Using an innovative design based on proven and demonstrated Molten Salt Reactor technology, IMSR® power plants can be brought to market in the 2020s. 

 

About the Organization of Canadian Nuclear Industries
The Organization of Canadian Nuclear Industries (OCNI), is the leading and trusted voice of the Canadian nuclear supply chain actively promoting the production of safe, clean and reliable nuclear electricity. Founded in 1979, OCNI is an association of more than 200 leading Canadian suppliers to the nuclear industry in Canada and abroad.  OCNI member companies collectively employ more than 12,000 highly skilled and specialized people who manufacture major equipment and components and provide engineering services and support to the 19 operating CANDU nuclear power plants in Canada as well as to CANDU and LWR plants in offshore markets. OCNI companies also work on medical and other safe applications of nuclear technology. Nuclear Power provides more than 60% of electrical energy in Ontario and contributes over $6.6 B/year to the Canadian economy with export sales over $1.2 B per annum. Canada is the world’s second largest producer of uranium at 10,000 tonnes/year.

 

Inquiries

Terrestrial Energy:
Bruce Carlisle
Phone: (415) 637-4037
Email bcarlisle@terrestrialenergy.com
Website: www.terrestrialenergy.com
E-mail: info@terrestrialenergy.com

Organization of Canadian Nuclear Industries:
Ron Oberth
Phone: (905) 839 0073
Email:ron.oberth@ocni.ca
Website: www.ocni.ca

Latest News

Motion Electric and Kinectrics Join Bruce Power Extension Program

Friday, November 17, 2017

Bruce Power has new supplier partnership contracts with two more companies.

MP tours McMaster Nuclear Reactor, Canadian Longitudinal Study on Aging

Thursday, November 16, 2017

John Oliver, Member of Parliament for Oakville, visited McMaster this past Friday, November 10.

Emergency Preparedness Exercise at Pickering Nuclear

Wednesday, November 15, 2017

Ontario Power Generation (OPG), in partnership with more than 30 organizations, is participating in a large-scale emergency preparedness exercise Dec. 6 and 7 at Pickering Nuclear Generating Station.

OPG reports Darlington refurbishment project is on time, on budget

Friday, November 10, 2017

Ontario Power Generation says that its multibillion-dollar Darlington refurbishment is on time and on budget one year into the project.

Terrestrial Energy IMSR First Commercial Advanced Reactor Assessed By Regulator

Thursday, November 9, 2017

Terrestrial Energy IMSR First Commercial Advanced Reactor Assessed by Regulator.

Whitby company expands its Services to support Darlington Refurbishment

Wednesday, November 8, 2017

AeroTek: Whitby company expands its Services to support Darlington Refurbishmemt.

Contact us for more information. Drop us a line!

General & Contact
Fax: (905) 839-7085
Our Address
Organization of Canadian Nuclear Industries
1550 Kingston Road, Suite 219
Pickering, Ontario L1V 1C3
Membership Enquiries & Support
Fax: (905) 839-7085