STRATEGY X ACTION

Media & Press Releases

TERRAPRAXIS SELECTS TERRESTRIAL ENERGY GENERATION IV NUCLEAR TECHNOLOGY FOR THE REPOWERING COAL CONSORTIUM

Oakville, Ontario; Charlotte, North Carolina; and London, United Kingdom

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November 7, 2022

TerraPraxis has selected Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) as the first candidate heat source vendor for its Repowering Coal program due to its unique capabilities. These include its high-temperature heat supply required for coal-fired boiler replacement, and its capacity to be deployed quickly and at the scale necessary to replace 2 Terawatts of global coal capacity by 2050. According to the agreement, Terrestrial Energy and TerraPraxis will work on a standardized systems interface between the IMSR and coal-fired power plant systems, which they will apply to candidate sites as part of the program to repower coal projects in North America and elsewhere.

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Schneider Electric Partners with TerraPraxis to Rapidly Decarbonize Coal Plants to Reach Net-Zero

BOSTON, Massachusetts

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November 3, 2022

As of 2022, the world has more than 2 terawatts (TWe) of coal-fired electric power plants. Schneider Electric and TerraPraxis will work together to deliver the latest standardized physical system designs and project applications for coal plant owners and investors to support the rapid decarbonization of the world's coal plants by 2050. This will require hundreds of plants to be repowered with carbon-free energy each year, starting in 2025.

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TerraPraxis will launch the first of its applications to help coal plants decarbonize at COP27

LONDON, UK / CAMBRIDGE, Mass. US

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November 3, 2022

TerraPraxis is making available for the first time on Nov. 7 its new EVALUATE application, which enables coal plant owners and investors around the world to evaluate hundreds of coal plants for fast, low-cost, and repeatable conversion to emissions-free power generation sources. The non-profit seeks to accelerate solutions for hard-to-decarbonize sectors, which includes the global fleet of 2,400 coal plants. The solution comes following a strategic collaboration with Microsoft, who helped develop the application. It is being unveiled for the first time in Sharm El-Sheikh, Egypt at COP27, an annual gathering with world leaders on climate action.

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TerraPraxis enters strategic collaboration with Microsoft to repower coal plants

LONDON, CAMBRIDGE, Massachusetts

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September 15, 2022

TerraPraxis and Microsoft enter a strategic collaboration to repower coal-fired power plants with advanced heat sources across the globe. “Microsoft can help TerraPraxis accelerate the benefits that repowering can bring to each community, whilst simultaneously initiating hundreds of projects by leveraging your unparalleled digital capability, and the scale of your global market presence” said Kirsty Gogan, TerraPraxis Founder. 

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TerraPraxis publishes it's first Annual Review

Cambridge, Massachusetts, USA and London, UK

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September 8, 2022

When you read our enclosed 2021 Annual Review, you will see an organization that–during its first full year of operations–has contributed to a permanent change in both the perceptions of, and potential solutions to, the world’s biggest problem–decoupling energy and carbon emissions. The world can still achieve Net Zero by 2050 if innovative climate solutions are pursued at speed and scale. TerraPraxis is leading the way in shifting the world's focus from advocacy to action on climate change.

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TerraPraxis welcomes EU parliament vote in favor of inclusion of nuclear energy in the sustainable finance taxonomy

London, UK

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July 12, 2022

“We are encouraged by the EU parliament’s recognition of nuclear as a necessary solution to achieving Net Zero emissions by 2050. This will enable investment in the lowest cost decarbonisation - which is long term operation of existing nuclear plants - as well as grow investment in new advanced nuclear technologies, which have the potential to dramatically accelerate decarbonisation across power, heat, industry and transport, while protecting our planet, and growing human prosperity.” Kirsty Gogan, TerraPraxis Co-Founder.

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TerraPraxis welcomes new report by International Energy Agency on nuclear power and secure energy transitions

London, UK

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July 6, 2022

TerraPraxis welcomes the new International Energy Agency (IEA) report, Nuclear Power and Secure Energy Transitions: From Today’s Challenges to Tomorrow’s Clean Energy Systems, (published June 30, 2022), which concludes that nuclear power can play a significant role in helping countries solve the twin crises of energy and climate.

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‘REPOWERING COAL’ IS A KEY FOCUS FOR ENERGY LEADERS AT CERAWEEK 2022

Houston, USA

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March 7, 2022

TerraPraxis, a non-profit organization focused on action for climate and energy and tech-powered design company, Bryden Wood, are unveiling digital tools that underpin the ‘Repowering Coal’ initiative this week at CERAWeek (in Houston, Texas), the leading global energy conference. The TerraPraxis ‘Repowering Coal’ system is a fast, low-cost, and repeatable strategy to repower hundreds of existing coal plants that would otherwise continue to burn coal, and whose closure is likely to encounter fierce political resistance and cause economic harm to communities. This initiative is designed for radical cost reduction to enable production of reliable, competitive, clean energy, rapidly repowering the 2TW global coal fleet and cutting carbon emissions by 40%. The repowering system transforms the coal plants into flexible clean generators, making them better partners for renewables on the grid.

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World Leaders Announcements about Role of Nuclear Energy in Decarbonisation at TerraPraxis Energy Day Summit

Glasgow, Scotland

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November 8, 2021

World leaders announced initiatives and solutions for decarbonizing the global energy sector, at scale and with urgency, at the TerraPraxis Energy Day summit at the Climate Action Solution Centre (CASC), running in parallel to COP26. To view the full remarks of climate scientist Jim Hansen, Ambassador Bonnie Denise Jenkins, Under Secretary for Arms Control and International Security of the U.S. Department of State, President Mohamed Nasheed and White House Climate Advisor, Jerome Foster II, please follow the link below. Watch video of each speaker and the entire TerraPraxis Energy Day summit event.

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Statement from Energy Expert Eric Ingersoll on COP26 Transport Day and Deployment of Clean Synthetic Fuels

Glasgow, Scotland

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November 10, 2021

“Carbon neutral air travel is vital to keeping the global economy moving and connecting people while progressing toward net zero. Emissions-free heat and power from advanced nuclear energy can enable large-scale production of cost-competitive carbon neutral, or carbon negative, clean synthetic fuels. As global prosperity increases, more people want to travel and our goal should be to enable that while also cutting emissions. On Transport Day at COP26, both airlines and passengers should be calling for rapid deployment of clean fuels.”

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Jigar Shah of U.S. DOE Announces $11 Billion in Loan Financing to Accelerate Repowering of Coal Plants with Nuclear Energy at TerraPraxis Energy Day Summit at COP26

Glasgow, Scotland

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November 3, 2021

Today, at the Energy Day summit at the Climate Action Solution Centre (CASC) in parallel to COP26, Jigar Shah, Director of the Loan Programs Office at the U.S. Department of Energy (DOE), addressed significant financing for repowering existing coal infrastructure with advanced nuclear reactors to accelerate the transition away from reliance on fossil fuels.

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Statement from Nuclear Energy Expert Kirsty Gogan on COP26 Draft Calling for “Phase Out of Coal”

Glasgow, Scotland

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November 10, 2021

Glasgow, 10 November 2021 — “The draft deal at COP26 is strong on theory but falls short in practice on phasing out coal. It is highly unrealistic that the world will simply “phase out coal” when coal is booming at record levels, fuelling the post-pandemic global economic recovery. The prospect of closing even crumbling old coal plants is met with such fierce political resistance that it has stalled climate policies in countries like the U.S.

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All press and media inquiries should be directed to:

TerraPraxis Media
email: media@terrapraxis.org