PROJECTS

MMR™

LIFECYCLE

Reliable Energy Anywhere

BENEFITS

Reduced Power Costs

The MMR™ reactor saves up to 50% of heat and electricity costs and eliminates 100% of carbon emissions.

Security of Supply

The MMR™ reactor requires no refueling for its lifetime of 20 years. This ensures security at the site as the reactor is sealed, and simplifies operations, while reducing the costs associated with the diesel fuel supply typically used to power remote sites.

Safety

The MMR™ reactor uses safe FCM™ fuel, in a safety-focused design.

Environmental Protection

The MMR™ plant provides clean power and eliminates environmental risk. When the plant life is over, the nuclear fuel module will be removed and stored in a commissioned nuclear waste facility. A new module can be provided, or the site can be returned to greenfield.

Mass Produced, Widely Exportable Hardware

The MMR™ plant's small size and radical simplicity allow for factory manufacturing of all but the concrete foundations. Modules will be exported to licensed sites around the globe.

Low Project Development Cost

The MMR™ plant has order of magnitude lower development costs compared to other SMRs and 4th generation reactor concepts.

Long-term Predictability and Stability of Power Costs

The cost of electricity and process heat are fixed for the lifetime of the plant. MMR™ plant costs and adjacent plant costs determine the the price of the electricity and heat. The predictability of energy costs allows for more accurate mine feasibility analysis and reduces the risk profile for investors.

Chalk River

On, CA

The proposed project at Chalk River is the first commercial deployment of a private sector funded Small Modular Reactor (SMR) technology in Canada. For more information, see Project Description or Global First Power. The project is a partnership between Ultra Safe Nuclear and Ontario Power Generation through jointly owned Global First Power. The project aims to demonstrate MMR technology for wider deployment and provide a local clean energy supply. The site is on Atomic Energy of Canada Limited's Chalk River Laboratories campus in Ontario, Canada.

TIMELINE

chalk river timeline

PROJECT

PROMETHEUS

MMR™

Site Prep: 2021
First Power: 2026
Power: 1x15 MWth
Ultra Safe Nuclear Company Logo
Ontario Power Logo
Global First Power Logo

TIMELINE

MMR FIRST

TO MARKET

Ultra Safe Nuclear has been developing the MMR and its FCM fuel since 2011. The MMR is the leading small modular reactor design in the Canadian licensing and siting pipeline.

2011

Secured FCM™ Fuel and MMR™ Reactor Plants

2016

Established R&D and Fabrication Laboratories

2017

Initiated FCM™ Fuel Qualification Plan

2018

Completed Concept Design

Received Innovate UK SBRI Advanced Modular Nuclear Reactor Grant

Began Basic Design

2019

Began Reactor Licensing Vendor Design Review II

Submitted License to Prepare Site for a Small Modular Reactor at Canadian Nuclear Laboratories' (CNL) Chalk River Site