Alf Bjorseth, famed venture investor and Renewable Energy Corporation (REC) founder is behind the nuclear startup Thor Energy. Thor Energy will conduct a series of tests with Swedish utility Vattenfall to study the feasibility of thorium reactors. The nations of Scandinavia, Norway and Sweden get on pretty well even though Norway managed to split a little over 100 years ago.
Norway doesn’t have commercial nuclear reactors, but it has a research reactor where the Vattenfall tests will take place. Norway also is thought to have the third largest reserves of thorium in the world. Maybe, but for certain they do have very good thorium oxide reserves well suited for power generation. How large the reserve is hardly matters.
Continue reading at “One Step Closer to a Thorium Fueled Power Plant”.