Moltex Energy Email Format
Nuclear Electric Power GenerationNew Brunswick, Canada2-10 Employees
Moltex Energy is pursuing a next-generation nuclear reactor that uses molten salt fuel housed in conventional fuel assemblies and can draw on existing stockpiles of spent nuclear fuel as its energy source. The approach aims to provide clean electricity at a cost below that of fossil fuels while offering flexible output, enabling nuclear to operate as a peaking power resource as well as baseload. The company is based in Saint John, New Brunswick, and traces its origins to 2016 in Stratford-upon-Avon, reflecting its cross-Atlantic development history. Moltex Energy operates in the nuclear electric power generation sector with activities in Canada, the United Kingdom, and the United States. In Canada, it has partnered with New Brunswick Power to deploy its first facilities at the Point Lepreau site. A recent development includes a Service Level Agreement with the Canadian Nuclear Safety Commission to advance the Waste To Stable Salt process.