Flibe Energy seeks to develop modular nuclear reactors based on liquid-flouride thorium reactor (LFTR) technology. LFTR, first conceived in the 1950s and 1960s at Oak Ridge National Labs (ORNL), is a form of advanced nuclear reactor design similar to other Generation IV reactor technologies. LFTR has several key advantages over existing light water reactors including: inherent passive safety; low operating pressure; very high temperatures; improved thermal efficiency; continuous fuel reprocessing; proliferation resistance; and the use of abundant 232Th as fuel.
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