FREEDOMSPHOENIX.COM – Indonesia’s state company PT PAL Indonesia signed an agreement with next-generation molten salt nuclear energy company Thorcon International Pte Ltd for a development study and construction of a 500-megawatt reactor.
Thorcon will need to raise $1.2 billion to build the reactor.
The Thorcon reactor can be mass-produced at 100 Gigawatts of nuclear power per year. This would be the entire US supply of nuclear reactors that currently exist. Every 5 years, the entire current world supply of nuclear reactors could be equaled. Within 14 years the entire US electricity production could be converted to nuclear power. All of the coal and natural gas in the US could be replaced in ten years (5 years for the first and completing 100-gigawatts per year.