UK-based advanced nuclear energy developer MoltexFLEX announced it has “significantly refined” the design of its Flex molten salt reactor – delivering a 50% boost in power output, while maintaining previous targets for overnight capital cost and cost per MWh.
The company said that despite the recent increases in commodity prices around the world, the Flex reactor is still able to generate electricity for less than £30/MWh (€34, $37) when used as a source of baseload power.
MoltexFLEX did not give details of how the £30/MWh cost was calculated. The International Energy Agency has put the levelised cost of electricity* for the construction of new nuclear power plants in a range from $40 to $100/MWh.