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TRIUMF Signs MOU With Canadian-German Nuclear Technology Company Dual Fluid to Advance the Development of a Small Modular Reactor
Tuesday, March 14, 2023Company Profile | Follow Company
Vancouver, BC, March 13, 2023--(T-Net)--TRIUMF announced today that it has launched a memorandum of understanding (MOU) with Canadian-German nuclear technology company Dual Fluid to advance the development of a Small Modular Reactor (SMR) based on Dual Fluid technology.
The goal of the new reactor concept is to use processed nuclear waste as fuel and to exponentially increase the performance of today's nuclear power production technologies.
This research will leverage TRIUMF's Proton and Neutron Irradiation Facilities, PIF & NIF, and metallurgical testing capabilities.
Collaboration is also planned on detector development and reactor core imaging.
Kathryn Hayashi, President and CEO, TRIUMF Innovations
Read the full press release here.
Learn more about TRIUMF's commercialization arm, TRIUMF Innovations.
About TRIUMF
TRIUMF is Canada's particle accelerator centre. From the hunt for the smallest particles in the universe to the development of new technologies, including next-generation batteries and medical isotopes, TRIUMF is pushing the frontiers in research to advance science, medicine, and industry.
About Dual Fluid
Dual Fluid is creating an entirely new type of nuclear reactor that provides emission-free electricity and hydrogen, reduces today's energy costs, and is inherently safe.
Dual Fluid differs from other new nuclear concepts by its high efficiency: the nuclear fuel is utilized up to a hundred times better than in today's light water reactors. The operating temperature of 1000° C enables new heat applications.
The Dual Fluid operating principle, based on different fluids for fuel and cooling, is described in scientific publications and protected by patents. Dual Fluid Energy Inc. was incorporated as a public company in Vancouver, Canada, in January 2021 to bring the Dual Fluid technology to serial production status. The prototype of a Dual Fluid reactor is to be launched within this decade.
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