OVERKILL
$100 Site Donor 2021
There's been some recent development and commitment on the SMR reactor front, most of it in Ontario where the government is supporting, through extensive federal funding, the development and testing of Advanced SMR reactors at the former Chalk River experimental reactor location. While great news for those in the Nuclear industry, it is still a long road ahead before designs are agreed on, a plan finalized, and something is actually built and operated.
However, there appears to be a game-changing announcement for the little province of New Brunswick, which has the only operating Nuclear reactor in Canada outside of Ontario (which has 18) as it is partnering with ARC Nuclear to potentially build, license and distribute a relatively mature design tested in Idaho. This is a sodium cooled fast-reactor Small Modular unit with a 100MWe capacity. The intention is to develop a standardized design of which the initial unit will be built at the existing NB Power Point Lepreau single CANDU site for testing purposes and then that design will be formerly commercialized and deployed to other build sites across Canada.
More info here:
Business Wire article
Pretty exciting news. One of the main purposes of this activity is to develop a technology that can be reliably deployed in remote locations with no grid access. Additional uses include central heating for northern communities as well as the ability to run mining operations and their auxiliary components.
However, there appears to be a game-changing announcement for the little province of New Brunswick, which has the only operating Nuclear reactor in Canada outside of Ontario (which has 18) as it is partnering with ARC Nuclear to potentially build, license and distribute a relatively mature design tested in Idaho. This is a sodium cooled fast-reactor Small Modular unit with a 100MWe capacity. The intention is to develop a standardized design of which the initial unit will be built at the existing NB Power Point Lepreau single CANDU site for testing purposes and then that design will be formerly commercialized and deployed to other build sites across Canada.
More info here:
Business Wire article
Pretty exciting news. One of the main purposes of this activity is to develop a technology that can be reliably deployed in remote locations with no grid access. Additional uses include central heating for northern communities as well as the ability to run mining operations and their auxiliary components.