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

News Article

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

Reevely: How Ontario is getting back into the coal-power business

Thursday, July 20, 2017

Ontario taxpayers will soon be part-owners of one of the biggest coal-fired power plants in America west of the Mississippi River, making money off pollution in the U.S. Northwest that would be illegal to emit at home.

 

 

BC Instruments Supplying Key Components for Darlington Refurbishment Project Vibrant Nuclear Supply Chain Creating High Skill Jobs in Ontario

Tuesday, July 18, 2017

BC Instruments Supplying Key Components for Darlington Refurbishment Project Vibrant Nuclear Supply Chain Creating High Skill Jobs in Ontario BC Instruments Supplying Key Components for Darlington Refurbishment Project Vibrant Nuclear Supply Chain Creating High Skill Jobs in Ontario 

BCI President Roger Conzelmann accepting the “OCNI Special Achievement Award” from Ron Oberth at BCI’s Schomberg plant during an event on July 18 to recognize BCI’s performance in support of the Darlington Retube and Feeder Replacement Project.

Construction of two Korean reactors put on hold

Monday, July 17, 2017

Korea Hydro & Nuclear Power (KHNP) has decided to temporarily suspend construction of units 5 and 6 at the Shin Kori nuclear power plant in south-eastern Korea. The move comes two weeks after South Korean President Moon Jae-in issued an administrative order to halt construction of the reactors.

Moltex Energy Appoints Deloitte to Support their Canadian Deployment Programme

Friday, July 14, 2017

Moltex Energy, a leading technology company set up to commercialise its breakthrough molten salt reactor design, has appointed Deloitte to help secure the next round of development funding needed to take the Stable Salt Reactor (SSR) design through the initial pre-licensing review.

EDF confirms Flamanville EPR start-up schedule

Thursday, July 13, 2017

French utility EDF has said the EPR unit under construction at its Flamanville site in France will be connected to the grid in May 2019 and reach full power in November 2019. The dates are in line with the timetable for Flamanville 3 it gave in September 2015.

Bruce Power, Hatch, partner for the long-term

Wednesday, July 12, 2017

Hatch, the Ontario-headquartered global engineering firm, and Bruce Power, supplier of 30 per cent of Ontario’s electricity at 30% less than the average cost to generate residential power, today announced that they have entered into a long-term service agreement.

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