A system and method for online monitoring of molten salt corrosion of a component of an apparatus is disclosed. First and second electrodes are electrically isolated from each other within the component and exposed to a corrosive operating environment of the apparatus. The first and second electrodes are electrically coupled such that when an electrical potential difference exists between the first and second electrodes an electrical current flows between the first electrode and the second electrode. The electrical potential difference between the first electrode and the second electrode is based at least in part on molten salt corrosion at the first electrode or the second electrode. At least one of the electrical potential difference or the electrical current flowing between the first electrode and second electrode is measured and analyzed such that a corrosion characteristic of the component can be predicted.