The partnership will develop facilities to
supply two new forms of critical resources through water treatment
and dispatchable energy.
ABILENE,
Texas, July 26, 2024 /PRNewswire/ -- Natura
Resources, LLC (Natura) has entered into a revolutionary new
partnership with the Texas Produced Water Consortium (TxPWC) at
Texas Tech University to look at the
deployment of Natura's liquid-fueled molten salt reactor (LF-MSR)
technology to power the Permian Basin.
"Texas Tech is
proud to partner with Natura in developing solutions to our state's
energy and water challenges."
Dubbed "Fortifying the Future," this partnership provides a
great opportunity to deploy Natura's LF-MSR technology to provide
additional sources of reliable, dispatchable energy paired with
produced water treatment facilities to supply two new forms of
critical resources for the state of Texas.
"We are proud to partner with the Texas Produced Water
Consortium and excited for the opportunities that this Fortifying
the Future partnership presents," said Doug
Robison, Founder and President of Natura Resources. "Natura
has deep-seated roots in the Permian Basin oil and gas industry,
and we are thrilled at the opportunity to bring our molten salt
reactor technology to the Permian to meet the critical needs for
both energy and water."
Natura Resources is leading the nation in the development and
deployment of LF-MSR technology. The Fortifying the Future
partnership with the TPWC and the upcoming construction permit
issuance in September for Natura's first reactor deployment at
Abilene Christian University are both
evidence of the rapid pace at which Natura is developing LF-MSR
technology to meet the critical needs of our nation.
"This partnership is a significant opportunity to demonstrate
the potential for expendable additional sources of electricity and
water in a state facing demands regarding future resource adequacy,
borne in part by immense economic success on a national and global
scale," said Rusty Smith, executive
director of the TPWC.
The TPWC was created by the Texas Legislature in 2021 as the
state's premier produced water research consortium focused on the
potential for beneficial uses of treated produced water outside the
oil and gas industry. The consortium is specifically tasked with
providing the Legislature and state agencies guidance and
recommendations on policies that could encourage a system of
beneficial use that is both environmentally safe and economically
viable.
Affordable, reliable energy is a critical component of the
economics of any water treatment process. Having access to a
commercialized molten salt reactor in remote areas of the state
could prove to be not only a major breakthrough in achieving
economic feasibility for treating new sources of water but also
could serve as another critical component in supplying Texans with
additional electric generation capacity at a crucial time in the
state's history.
"Texas Tech University is proud to
partner with Natura in developing innovative solutions to our
state's energy and water challenges," said Texas Tech President Lawrence Schovanec. "This partnership highlights
Texas Tech's long-standing commitment
to conducting impactful research, especially as it relates to the
efficient and reliable utilization of our state's resources."
Natura Resources
Natura Resources LLC is a leading
advanced reactor developer committed to answering the world's
increased demand for reliable energy, medical isotopes and clean
water by developing commercially deployable molten salt reactors.
Natura's small modular reactors are liquid fueled and molten salt
cooled, which increases efficiency and reduces waste. Natura's
first reactor design, Natura MSR-1, is the basis of the first
liquid salt-fueled molten salt reactor design ever reviewed by the
U.S. Nuclear Regulatory Commission. Natura is intensely focused on
performance. Founder and president Douglass
Robison is a third-generation oilman with a proven track
record of revolutionizing the energy industry with innovative
technology and results.
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SOURCE Natura Resources