Moltex Energy

Moltex Energy is a company focused on developing a next-generation nuclear reactor, with a commitment to producing clean electricity at a lower cost than fossil fuels. Their innovative technology is based on molten salt fuel in conventional fuel assemblies, enabling the utilization of existing stockpiles of spent nuclear fuel as the energy source. This approach also allows for greater flexibility in electricity production, positioning nuclear energy as a viable peaking plant, not just baseload. Established in 2014, Moltex Energy operates in the UK, Canada, and the USA.

The company's recent progress includes a significant $1.00M grant investment received on 30 March 2021 from Ontario Power Generation, further validating the confidence in their technological advancements.

Moltex Energy's mission, as reflected in their slogan, "Safe. Economical. Clean Energy.", aligns with the current global imperative for sustainable and efficient energy solutions in the Energy, Renewable Energy, and Energy Efficiency sectors.