News Archive

14.09.16

Nuclear Innovators set out to Change the Energy Sector's Future

The best of British nuclear at Waldeck Consulting have teamed up to help Moltex Energy to develop their innovative technological solution to safer, cheaper, and cleaner nuclear power, which has the potential to transform the global nuclear industry.

UK-based Moltex Energy have combined a major scientific breakthrough with the latest technology to enable the construction of Stable Salt Reactors (SSR), which will power the globe with safer, cheaper, and cleaner energy. One other significant benefit of Moltex’s SSRs is that they can use low-grade spent uranium fuel cells to generate power, and this cleans up what was toxic waste from old nuclear plants at the same time, removing the need for its deep geological disposal in steel tanks at immense cost. This means that, in theory, the cost of building an SSR to generate energy could be significantly less than that of the current programme for dealing with the UK’s existing spent fuel rods.

Moltex Energy’s technology is currently generating considerable interest in the visual and print media both here and abroad, including in our national press - from Bloomberg to the radio in the USA.

It is also fitting that Waldeck Consulting, another innovative UK company which has developed digital project delivery and lifestyle management solutions for heavy industries is working with Moltex Energy. Waldeck, a specialist multi-disciplinary technical and management consultancy, is a market leader in digital-based strategic and implementation solutions for major and complex infrastructure projects. Furthermore, through its experience and extensive R&D investment, Waldeck has acquired unique knowledge in all fields of digitally-based Enterprise Lifecycle Management Solutions.

There is a natural synergy between the two companies since Waldeck has a proven track record in the nuclear arena through its involvement with some of the world’s largest construction projects.

Dr Ian Scott, former chief scientist of Unilever and founding partner of Moltex Energy said: "It was a great privilege to introduce Moltex Stable Salt Reactor Technology (SSR) to the Waldeck team and we are delighted to have their strategic and technical support in our UK SSR development project.

Our reactors are a ‘now’ project: the SSR uses technology that has been perfected over the past 50 years by the nuclear industry together with technology already used in solar power plants. Coupled with some clever adaptations and our own bespoke 21st century intellectual property we are able to create a safer, cheaper, and cleaner solution to help to meet current and future global energy requirements."

Waldeck founder and Managing Director, Paul Waldeck, who organised a summit for a high-powered group of experts and innovators last week, said: “We were so pleased to have the opportunity to host the Waldeck and Moltex Energy Seminar which showcased Moltex Energy’s major scientific breakthrough to a forum of such esteemed individuals. Many of the attendees are not just best in class in a UK context but are also known and respected globally in a diverse range of subjects relating to nuclear science, including fuels, technology, safety, security, licensing, regulations compliance, construction, operations, and decommissioning. So it was invaluable to combine this expertise with our own Digital Enterprise Lifecycle Management expertise and capabilities. Moving forward, this group of friends and associates have now been united under the Waldeck umbrella to help Moltex Energy; they represent a unified and complementary fit which will enable us to compete with the biggest global consultancies across the whole nuclear spectrum.”

Paul explained: “We recognise that tried and tested experience coupled with 21st century tools for the digitalisation of the nuclear industry will be crucial to the successful construction of nuclear facilities safely to the necessary standards on time and on budget. This is just the start. A nuclear facility is a long term asset, and effective maintenance ensures it remains safe, efficient, and commercially viable. Enterprise Lifecycle Management brings a digital approach from the construction phase through to technology that is used throughout the asset’s lifecycle. This ensures significant cost savings and is also vital for efficient and safe decommissioning.”

Summit chair Dr David Bradbury, ex-chairman of the NIA’s Decommissioning Working Group, said "It has been a long time since I've seen such an incredible group of talent gathered in one place and, better still, all of us thoroughly enjoyed the event and really got something stimulating and thought-provoking out of it. It is extremely exciting for us all to be supporting great British innovators like Moltex and Waldeck in any way we can, and the fact that so many industry experts had assembled on their behalf says an awful lot about those two firms - what they are trying to do, and the calibre of the people involved."

To find out more please contact:

Waldeck: Sue Hewish, Nuclear Director, sue.hewish@waldeckconsulting.com or visit www.waldeckconsulting.com

Moltex: Rory O’Sullivan, Chief Operating Officer, roryosullivan@moltexenergy.com or visit www.moltexenergy.com