ARPA-E
ARPA-E is a government agency focused on advancing high-potential, high-impact energy technologies that are not yet ready for private-sector investment. By funding innovative projects, ARPA-E aims to create new ways to generate, store, and use energy, ultimately contributing to a more secure and affordable American future. With a focus on transformational energy technologies, ARPA-E plays a crucial role in accelerating the development of groundbreaking solutions in the energy sector.
Past deals in New Brunswick
Moltex Energy
Grant in 2020
Moltex Energy specializes in developing molten salt reactors that generate carbon-free electricity while recycling nuclear waste. Their innovative Stable Salt Reactor - Wasteburner (SSR-W) offers low upfront costs, reliable power output of 300-500 MWe per reactor, and inherent safety features suitable for various communities. Moltex's WAste To Stable Salt (WATSS) process enables fuel recycling from nuclear waste, minimizing environmental impact. Additionally, their GridReserve technology allows energy storage as heat for dispatch during peak demand, complementing intermittent renewable sources.
Moltex Energy
Grant in 2019
Moltex Energy specializes in developing molten salt reactors that generate carbon-free electricity while recycling nuclear waste. Their innovative Stable Salt Reactor - Wasteburner (SSR-W) offers low upfront costs, reliable power output of 300-500 MWe per reactor, and inherent safety features suitable for various communities. Moltex's WAste To Stable Salt (WATSS) process enables fuel recycling from nuclear waste, minimizing environmental impact. Additionally, their GridReserve technology allows energy storage as heat for dispatch during peak demand, complementing intermittent renewable sources.
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