Thorizon, an Amsterdam-based startup focusing on innovative thorium molten salt reactor technology, has secured a €3 million investment from PDENH and other partners to develop safer, efficient nuclear energy solutions for the Netherlands.

Information on the Target

Thorizon, based in Amsterdam, is at the forefront of developing advanced molten salt reactor technology, particularly focusing on thorium molten salt reactors (MSRs). This innovative approach seeks to address many of the shortcomings associated with traditional nuclear reactors, notably third-generation light water reactors (LWRs). Unlike LWRs, which utilize uranium and produce significant radioactive waste, Thorizon's design aims to employ thorium as a fuel source, which has a lower radioactivity profile and minimizes the production of long-lived nuclear waste.

Thorizon's molten salt reactor design is not only envisioned to be safer, reducing the risk of meltdowns through passive safety features, but it also promises a more efficient utilization of fuel. The company is poised to make significant strides in making these reactor designs a viable alternative energy source, as it advances through the necessary regulatory and practical stages of reactor development.

Industry Overview in the Netherlands

The energy landscape in the Netherlands is undergoing a substantial transformation, spurred by increasing demands for sustainable and reliable energy sources. Currently, the country is making significant strides in generating energy from renewable sources such as wind and so