www.industry-india.com
Larsen & Toubro News

Larsen & Toubro and Clean Core Thorium Energy announce Strategic Partnership in Clean Energy

The partnership leverages innovative thorium-based nuclear fuel to promote decarbonization, energy security, and operational efficiency in advanced reactors globally.

  www.larsentoubro.com
Larsen & Toubro and Clean Core Thorium Energy announce Strategic Partnership in Clean Energy
Mr. Anil Parab, L&T and Mr. Mehul Shah, CCTE at the signing

Larsen & Toubro (L&T) and Clean Core Thorium Energy (CCTE), a US-based advanced nuclear fuel company, announced the signing of a Memorandum of Understanding (MoU) to collaborate on providing efficient solutions globally in clean energy through the CCTE's patented ANEEL™ fuel (Advanced Nuclear Energy for Enriched Life). The ANEEL™ fuel will promote clean energy, non-proliferation, enhanced safety, decarbonisation of hard-to-abate industries and circular economy.

The ANEEL™ fuel is made of thorium and enriched uranium developed for use in Pressurised Heavy Water Reactors (PHWR) and Canada Deuterium Uranium (CANDU) Reactors and Advanced Nuclear Reactors. Proliferation-resistant ANEEL™ fuel is expected to significantly reduce life-cycle operating costs and the waste produced (by over 85% while improving safety due to its Accident Tolerant Fuel characteristics). Also, the ANEEL™ fuel will offer the added advantage of energy security by large-scale deployment of Thorium and reduce uranium consumption.

At a signing ceremony held in Mumbai, L&T and CCTE jointly said that the mission of this partnership is to accelerate nuclear power deployment globally, particularly in developing countries which require large amounts of carbon-free electricity for their growth.

Under a Strategic Partnership Project Agreement with the US Department of Energy (DOE), CCTE's ANEEL™ fuel is currently undergoing accelerated irradiation testing and qualification in the Advanced Test Reactor at Idaho National Lab and is on its way to achieving planned burn-up targets of up to 60 GWd/T. Clean Core has also been actively partnering and engaging with key industry players including regulators, utilities and suppliers to achieve the successful commercialisation of the ANEEL™ fuel by 2026.

www.larsentoubro.com

  Ask For More Information…

LinkedIn
Pinterest

Join the 155,000+ IMP followers