Ontario Power Generation
Ontario Power Generation Inc. is a leading electricity generator and seller based in Toronto, Canada. The company operates through four main segments: Regulated – Nuclear Generation, Regulated – Nuclear Waste Management, Regulated – Hydroelectric, and Contracted and Other Generation. As of late 2019, Ontario Power Generation managed a diverse energy portfolio that includes two nuclear, 66 hydroelectric, and several other types of power generating stations, such as thermal, biomass, dual-fueled, natural gas, and solar facilities, both in Ontario and the United States. In addition to electricity generation, the company provides ancillary services like voltage control and regulation, along with selling heavy water and isotopes. Ontario Power Generation is committed to investing in local economies and maintaining a sophisticated energy fleet while prioritizing environmental sustainability and collaboration with indigenous groups. Incorporated in 1998, the company plays a crucial role in delivering clean and competitive electricity to residential and commercial customers.
X-energy is a developer of advanced modular nuclear reactors and fuel technology for clean energy generation. The company manufactures fuel that seals uranium particles in a protective coating, making meltdown impossible. It develops safe and efficient reactors and proprietary fuel to deliver reliable, zero-carbon, affordable energy to people worldwide. The simplified, modular, and high-temperature gas reactor design expands applications and markets for the deployment of nuclear technology.
Moltex Energy
Grant in 2021
Moltex Energy is a leader in nuclear technology, focusing on the development of its Stable Salt Reactor - Wasteburner (SSR-W), which offers a carbon-free electricity generation solution. This innovative reactor design utilizes recycled nuclear waste as fuel, produced through Moltex's proprietary Waste To Stable Salt (WATSS) recycling process. The SSR-W provides reliable, large-scale power generation ranging from 300 to 500 MWe per reactor, while its inherent safety features make it suitable for a variety of community settings. Additionally, the integration of GridReserve technology allows energy from the SSR-W to be stored as heat and released to the grid during peak demand, enhancing the reliability of renewable energy sources like wind and solar. Moltex Energy has been selected by NB Power to advance its reactor technology in New Brunswick, Canada, aiming to deploy its first SSR-W, WATSS, and GridReserve units at the Point Lepreau site.
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