The Terra Praxis ‘Repowering Coal’ system is a fast, low-cost 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%.
September 13, 2022 - This report corroborates the technical and cost benefits of repowering coal plants outlined by TerraPraxis, including decreased capital costs, reduced energy costs, and increased economic activity. The report concluded that 80% of retired and operating coal power plant sites that were evaluated within a sample of 394 have the basic characteristics needed to be considered amenable to host an advanced nuclear reactor. The study team found regional economic activity could increase by as much as $275 million and add 650 new, permanent jobs to the sample coal plant community region of analysis.
June 30, 2022 - This report concludes that achieving Net Zero globally will be more difficult without nuclear and highlights Terra Praxis’s initiative as a vehicle to achieve decarbonization by repowering retired coal plants globally with clean energy. “Various initiatives can facilitate the replacement of coal-fired plants with SMRs (small modular reactors), such as that of Terra Praxis which aims to prepare standardized and pre-licensed designs supported by automated project development and design tools.”