HEXANA offers an integrated energy system combining modular sodium-cooled fast reactors with thermal energy storage. This provides heavy industries with a firm, low-carbon source of high-temperature heat and dispatchable power, enabling decarbonization of hard-to-abate sectors.
Funding
$15.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Heavy industries face significant challenges in decarbonizing their operations, particularly in meeting the demand for high-temperature heat and dispatchable power. Reliance on fossil fuels for these processes contributes substantially to CO2 emissions, and existing low-carbon alternatives often lack the required thermal output or reliability.
Solution
HEXANA provides an integrated energy system that combines modular sodium-cooled fast reactors with thermal energy storage. This solution offers industrial customers a sustainable, low-carbon, and firm source of high-temperature heat and power, directly addressing the needs of hard-to-abate sectors. The system's thermal storage capability allows for flexible energy delivery, enabling it to manage load fluctuations without requiring fossil-fuel backup. This also allows HEXANA to provide grid balancing services, enhancing grid stability during the energy transition. Furthermore, by reprocessing spent nuclear fuel into MOX fuel, HEXANA contributes to closing the nuclear fuel cycle and reducing reliance on imported resources.
Target Audience
HEXANA targets heavy industries, including those in manufacturing, chemical production, and transportation sectors, that require high-temperature heat and reliable power for their operations and are seeking to decarbonize.
Features
- Modular sodium-cooled fast reactor technology for high-temperature heat and power generation.
- Integrated thermal energy storage for flexible energy dispatch and load balancing.
- Capability to reprocess spent nuclear fuel and depleted uranium into MOX fuel.
- Supports the development of synthetic "e-fuels" and promotes a circular carbon economy.
- Provides firm, dispatchable, and low-carbon energy solutions for industrial applications.
- Offers ancillary services, including grid balancing, to support grid stability.