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Terrestrial Energy Inc. (“TEI”) was founded in late 2012 and is headquartered in Ontario, Canada. TEI's mission is to develop an operational commercial-scale demonstration Molten Salt Reactor by 2021 – fully licensed and ready for substantial commercial deployment. The Company has been formed around Dr. David LeBlanc and his intellectual property portfolio. Dr. LeBlanc is the internationally recognized expert on MSR technology. TEI’s founding board of directors consists of executives from the oil-sands, mining and finance sectors. TEI’s international advisory board consists of highly credible experts in nuclear science, nuclear engineering and nuclear regulatory policy. This board has deep roots into the U.S. nuclear science establishment with the services of Dr. Ralph Moir and Richard Engel. Dr. Moir was co-author and colleague of Edward Teller – one of the "founding fathers" of U.S. nuclear science – both known for their strong advocacy of MSR technology. Richard Engel was responsible for many aspects of the design, construction, operation and management of Oak Ridge National Lab’s highly successful MSR. No other engineer has as much MSR experience today. TEI has a four-phase business plan to develop, obtain necessary licenses, and commercialize its proprietary MSR technology – the Integral Molten Salt Reactor (“IMSR”). The IMSR will provide a clean, safe, compact, reliable, modular, cost-competitive energy source for power and industrial heat at the point of demand. It will be developed over a range of sizes, from 80 MWt to 600 MWt. TEI views Canada as a favorable jurisdiction for development, licensing and marketing of the IMSR. The market for the IMSR is enormous – any industry that requires reliable cost-competitive heat and power at point of demand. For example: ammonia and fertilizer production, mining, oil-sands production, petroleum refining, desalination…to name but a few. The IMSR is expected to be as inexpensive to build as a natural gas power station, yet have the operating and fuel cycle costs of an LWR – the best of both worlds. With this combination the IMSR has the potential to be the most cost-competitive source of energy for heat and power today. When its proliferation resistance, low long-lived waste production and passive safety are also considered, TEI's IMSR is a compelling proposition. TEI believes it can achieve its mission by 2021. The IMSR is a revolution in energy cost innovation – it is the most disruptive energy technology today.
Aruba Petroleum is a Plano, TX-based company in the Energy and Utilities sector.
Eureka Midstream is an independent midstream energy company engaged in the gathering, transportation, and compression of natural gas. Our core business operations and strategic assets are located in the Appalachian basin, serving the prolific Marcellus and Utica shale plays. In 2003, Eureka Midstream, through Triad Energy, an oil and natural gas producer, purchased 182 miles of strategic rights of way in Ohio and Pennsylvania. The strategic right of ways enabled Eureka Midstream to plan, develop and build a high-quality gathering system, the maximum allowable operating pressure within a system at a fraction of the cost. In turn, we have been able to pass along much of the savings to our valued clients. With approximately 200 miles throughout the heart of the Marcellus and Utica natural gas shales, our advanced pipeline network is capable of transporting, lean or rich natural gas. This approach, a hybrid approach, is quite different from a typical midstream system. A typical midstream system runs on a dedicated drive, which transports only one form of hydrocarbon. The Eureka Midstream hybrid system provides today`s producer with increased flexibility at a reduced cost. While many operators are starting to develop and adopt a pipeline systems capable of transporting wet or dry natural gas, Eureka Midstream was among the first companies to standardize this approach. Innovation did not end with the introduction of the hybrid system. Eureka Midstream was also one of the first companies to introduce a system with multiple interconnects. The multi-interconnect system provides increased access to multiple gas processing options and interstate pipelines. This provides the producer with increased optionality, or the ability to identify and target better price points along the system.
FloaTec is a Houston, TX-based company in the Energy and Utilities sector.