LeadCold

LeadCold

LeadCold is a company developing lead-cooled small nuclear reactor technology founded in 2013 by Janne Wallenius, Jesper Ejenstam and Peter Szakalos.

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Edits on 29 Apr, 2020
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Arthur Smalley edited on 29 Apr, 2020
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Nuclear technology
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Arthur Smalley"Research engine edit"
Arthur Smalley edited on 22 Apr, 2020
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Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
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LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter SzakalosPeter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in Alberta, the Northwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
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LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper EjenstamJesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in Alberta, the Northwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
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Seed funding was provided to LeadCold by KTH Innovation in 2013. In December 2014, the company was awarded a grant from VINNOVA (The Swedish Innovation Agency) and in December 2015 KIC InnoEnergy became investors. Essel GroupEssel Group Middle East a subsidiary of Indian multinational conglomerate Essel Group invested $18M in October 2016 and a further $200M in January 2017. This investment allows the company to license and construct its first lead-cooled nuclear power plant.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in AlbertaAlberta, the Northwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in StockholmStockholm. Its Canadian subsidiary is registered in Alberta, the Northwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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LeadCold Reactors is a lead-cooled small nuclear reactornuclear reactor technology company. To overcome issues that have previously hindered the commercial implementation of lead-cooled reactors LeadCold have developed novel aluminum steel alloys that are highly corrosion-resistant in contact with liquid lead.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
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The company was awarded a contract from the UK government in June 2018 to produce a feasibility study for serial production of its SEALER-UK concept. In November 2019, LeadCold entered a collaboration with NewClearEnergy to benefit from sales of Nuclear Electricity sales in SwedenSweden.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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Seed funding was provided to LeadCold by KTH Innovation in 2013. In December 2014, the company was awarded a grant from VINNOVA (The Swedish Innovation Agency) and in December 2015 KIC InnoEnergy became investors. Essel Group Middle East a subsidiary of Indian multinational conglomerate Essel Group invested $18M in October 2016 and a further $200M in January 2017. This investment allows the company to license and construct its first lead-cooled nuclear power plantnuclear power plant.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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LeadCold is also developing its technology for the United KingdomUnited Kingdom and the Swedish nuclear market.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne WalleniusJanne Wallenius, Peter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in Alberta, the Northwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
Article (+7/-7 characters)
Article

LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in Alberta, the Northwest Territories, and NunavutNunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
Article (+21/-21 characters)
Article

LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in Alberta, the Northwest TerritoriesNorthwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

Arthur Smalley
Arthur Smalley approved a suggestion from Golden's AI on 22 Feb, 2020
Edits made to:
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LeadCold's SEALER reactors are being developed for use in CanadaCanada's Arctic regions. These areas are not connected to the countries power grid and diesel fuel can only be shipped during the summer months. Small nuclear reactors for power production address the need for less costly, reliable and sustainable power in these off-grid communities.

Arthur Smalley
Arthur Smalley edited on 22 Feb, 2020
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Topic thumbnail

LeadCold

A company developing lead-cooled small nuclear reactor technology.

Article

LeadCold Reactors is a lead-cooled small nuclear reactor technology company. To overcome issues that have previously hindered the commercial implementation of lead-cooled reactors LeadCold have developed novel aluminum steel alloys that are highly corrosion-resistant in contact with liquid lead.

Lead-cooled reactors offer fuel cycle and safety advantages, including:

  • No violent exothermic reaction with water
  • A very high boiling temperature, reducing the risk for loss of coolant
  • Excellent potential for decay heat removal by natural convection
  • Chemical retention of iodine and cesium, should a fuel failure occur
  • Inherent shielding of gamma radiation from fission products

SEALER (Swedish Advanced Lead Reactor) the company’s lead-cooled reactor can generate 3-10 MWe over a 10-30 year period without refueling. It is designed to operate at a much lower power density which allows a lower temperature reducing corrosion rates and extending the lifetime of the fuel.

LeadCold's SEALER reactors are being developed for use in Canada's Arctic regions. These areas are not connected to the countries power grid and diesel fuel can only be shipped during the summer months. Small nuclear reactors for power production address the need for less costly, reliable and sustainable power in these off-grid communities.

LeadCold is also developing its technology for the United Kingdom and the Swedish nuclear market.

Company

LeadCold Reactors (Blykalla Reaktorer) was founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper Ejenstam as a joint-stock company, with its headquarters in Stockholm. Its Canadian subsidiary is registered in Alberta, the Northwest Territories, and Nunavut. The company is a spin-off from the KTH Royal Institute of Technology in Stockholm, where Janne Wallenius has carried out research on the design and safety analysis of lead-cooled reactor systems since 1996.

...
Funding

Seed funding was provided to LeadCold by KTH Innovation in 2013. In December 2014, the company was awarded a grant from VINNOVA (The Swedish Innovation Agency) and in December 2015 KIC InnoEnergy became investors. Essel Group Middle East a subsidiary of Indian multinational conglomerate Essel Group invested $18M in October 2016 and a further $200M in January 2017. This investment allows the company to license and construct its first lead-cooled nuclear power plant.

The company was awarded a contract from the UK government in June 2018 to produce a feasibility study for serial production of its SEALER-UK concept. In November 2019, LeadCold entered a collaboration with NewClearEnergy to benefit from sales of Nuclear Electricity sales in Sweden.

Infobox
Full address
Valhallavägen 79, 114 28 Stockholm, Sweden
Investors
Vinnova
Edits on 22 Feb, 2020
Arthur Smalley
Arthur Smalley edited on 22 Feb, 2020
Edits made to:
Infobox (+7 properties)
Infobox
Headquarters
Stockholm
Location
Alberta
Edits on 20 Feb, 2020
Arthur Smalley
Arthur Smalley edited on 20 Feb, 2020
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Infobox (+6 properties)
People (+9 rows) (+24 cells) (+563 characters)
Categories (+1 topics)
People

Name
Role
LinkedIn

Anders Blennermark

Board Director

David Malcolm

Board Director, Canada

Janne Wallenius

Founder & Reactor Physics

Lars Franzén

Board Director

Magnus Sjöland

Board Director

Peter Szakalos

Founder & Materials

Staffan Qvist

Core Design

Infobox
Email address
info@leadcold.com
Founded date
2013
Investors
Essel Group
Categories
Golden logo
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