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Delivering Clean, Affordable, and Safe Nuclear Energy with the Compact Molten Salt Reactor

Seaborg's Compact Molten Salt Reactor aims to safely complement renewable energy sources, reduce radioactive waste, and provide low-cost, zero-emission electricity to accelerate global decarbonization.

Subsidie
€ 2.500.000
2022

Projectdetails

Introduction

Seaborg proposes a novel type of nuclear reactor called the "Compact Molten Salt Reactor (CMSR)". Our ambition is to use the CMSR to complement, and not substitute, other sustainable energy sources (like renewables) to accelerate the global decarbonization process.

Operating Principles

The CMSR works according to different principles than the existing nuclear power plants:

  • Safety by Design: The reactor is inherently safe due to the physics of nature; it cannot melt down or explode.
  • Reduction of Radioactive Waste: The goal is to recycle spent fuel waste to reduce footprint and storage.

Environmental Impact

The CMSR emits no greenhouse gases while operating and has the lowest resource use compared to all other energy sources, including renewables.

Economic Competitiveness

The CMSR outcompetes fossil fuels on free market terms:

  1. The Levelized Cost Of Electricity is about 50% that of coal.
  2. The Levelized Cost Of Electricity is about 70% that of gas.

Company Overview

Seaborg is the largest nuclear reactor start-up outside of North America, and it has patented technologies, prestigious partners, and pilot customers.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.500.000
Totale projectbegroting€ 23.301.181

Tijdlijn

Startdatum1-8-2022
Einddatum31-5-2025
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • SEABORGpenvoerder

Land(en)

Denmark

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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