CHARLOTTE, NC, April 26, 2022 (GLOBE NEWSWIRE) — Terrestrial Energy USA, a leading developer of Generation IV fission technology, has joined the Fuel Cell and Hydrogen Energy Association (FCHEA), the national industry association for the rapidly growing fuel cell and hydrogen industries. FCHEA and Terrestrial Energy agree that hydrogen has great potential as a clean energy source for industrial and other uses that can help decarbonize our economy.
Based in Washington, FCHEA represents some 80 hydrogen and fuel cell companies and organizations that are advancing innovative, clean, safe and reliable energy technologies. There is a growing focus on using hydrogen as a replacement for fossil fuels in industrial applications, such as the production of low carbon steel, cement or ammonia for fertilizers or the fuels. Using carbon-free energy sources such as nuclear and renewables to produce green hydrogen can significantly reduce emissions in sectors other than electricity generation.
“As the landscape of low- and zero-carbon hydrogen production and use continues to expand in the United States and around the world, the Fuel Cell and Hydrogen Energy Association is also growing, welcoming new innovative members such as Terrestrial Energy,” said Frank Wolak, President and CEO of FCHEA. “We are excited to work with the team at Terrestrial Energy to ensure clean hydrogen produced from nuclear plays a role in the nation’s decarbonization efforts.”
Terrestrial Energy is developing a Generation IV nuclear cogeneration plant that generates the high-temperature thermal energy needed for a wide range of industrial applications, including green hydrogen production, as well as power generation. Its Integrated Molten Salt Reactor (IMSR) uses proven fission technology in an innovative Small Modular Reactor (SMR) design to produce sustainable, carbon-free energy that is an economical alternative to burning fossil fuels.
“The transformative business value of Generation IV fission technology is captured by our IMSR cogeneration plant, which produces carbon-free, price-stable thermal energy for industrial-scale green hydrogen production. We look forward to working with FCHEA and its members to advance innovative, clean energy solutions that help build a sustainable and prosperous future. Green hydrogen has huge potential to replace fossil fuels in hard-to-decarbonise sectors, and Generation IV SMRs uniquely offer a reliable and cost-effective way to produce it at the huge scale needed,” said Simon Irish. , CEO of Terrestrial Energy.
About Earth Energy
Terrestrial Energy is developing for near-term commercial operation a zero-emissions cogeneration plant for global industry using proprietary IMSR (Integral Molten Salt Reactor) fission technology in a small and innovative modular plant design. The IMSR uses proven and proven Generation IV nuclear technology in an innovative plant design that provides high temperature thermal energy for electricity and use in a wide range of industrial process heat applications. Its electricity is generated with an efficiency improvement of almost 50% compared to light water reactor nuclear power plants. The IMSR plant’s cogeneration capabilities provide a cost-effective, emission-free alternative to fossil fuel combustion and energy security for many energy-intensive industries, including petrochemicals and chemical synthesis for hydrogen production and of ammonia. IMSR plants’ use of existing industrial materials, components and fuels supports its near-term deployment with the first commercial plants operational by 2031, paving the way for rapid global decarbonization by displacing fossil fuel combustion across a broad spectrum. spectrum.
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