The Canadian-German nuclear engineering company Dual Fluid is now an official contributor to the Canadian Small Modular Reactors (SMR) Action Plan. The goal of the action plan is to develop and deploy small modular reactors as fast as possible. To this end, the government is bringing together stakeholders from energy supply, industry, academia and civil society.
Canada considers small modular reactors (SMRs) a promising technology with possible economic, geopolitical, social and environmental benefits. It is Canada’s declared intention to lead the world in SMR development. According to the Canadian government’s decision, new nuclear power will help phase out coal and achieve net-zero emissions by 2050. In addition, carbon intensive industries such as mining and oil production are to be electrified with the help of nuclear power. Minister Seamus O’Regan emphasizes the opportunities of SMRs for Canada: Besides lowering emissions, they enable the global economy to continue to grow and create an energy future that leaves no one behind.
Götz Ruprecht, CEO of Dual Fluid: “With the SMR Action Plan, Canada is showing responsibility and a sense of reality. We are pleased to be part of it with our new reactor development. Our mission is clean and affordable energy. Together with the other Action Plan stakeholders, we can make it come true even faster.”
Press contact: Lisa Rass
(+49) 1577-1911784
media@dual-fluid.com
About Dual Fluid
Dual Fluid is creating an entirely new type of nuclear reactor that
- provides emission-free electricity and hydrogen,
- significantly reduces today’s energy costs,
- burns nuclear waste, 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. There is worldwide patent protection, including in the USA, Canada, the EU and Japan.
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.