Member companies have joined in this alliance with the primary purpose to promote the development and commercialization of HTGR technologies. Our alliance represents the interests and views of our members that intend to mutually support and direct project plans to design, build, operate and use the HTGR technology. We provide a forum and focus to communicate industry needs and requirements and work in concert with the Idaho National Laboratory and others to seek out and promote industrial uses for HTGR technologies within the United States, North America and other continents around the world.
HTGR technology offers a major opportunity to stabilize historically volatile prices for premium fossil fuels and provide a new energy option to provide high temperature process heat for industrial applications. Stabilizing energy costs will encourage a return of process industry facilities to the U.S. from offshore locations where lower and more stably priced fuels and feedstocks have been available. As conventional fossil fuel supplies become more limited in the future due to supply or regulatory restrictions, HTGRs promise to provide new sources of hydrogen and ways to shift chemical and fuels production to new feedstocks with reduced green-house gas (GHG) emissions.
Commercialization of HTGR technology is essential to the National interests in achieving the evolving environmental and energy policy goals. HTGR technology offers benefits including: 1) Reduced GHG through large scale displacement of premium fossil fuels in a wide range of industrial and commercial applications; 2) Reduced reliance on imported oil and gas supplies as industry fuels; 3) Extending life of domestic oil and natural gas supplies as strategic assets for transportation fuels until alternatives become viable technically and economically; 4) Sustainable expansion of American industrial manufacturing capabilities for energy intensive industries; and 5) Job creation within the U.S. supplying materials and equipment to construct and operate HTGR-based industrial infrastructure.