NB Power is looking to commission a small modular reactor to be built at its Point Lepreau Nuclear Generating Station after Ottawa committed to providing $25-million in new funding
New Brunswick says it will consider alternative small modular reactors to build at its Point Lepreau Nuclear Generating Station, branching out from the two vendors it has promoted for several years.
“In preparing for a potential project of this size, NB Power will be reviewing technologies in addition to those already considered,” she wrote in a statement. Norman Sawyer, president of Ion Nuclear Consulting Ltd. who served several years ago as ARC’s chief executive, said public and private funding was slow in coming for the two SMR vendors, and their projects kept suffering delays. This has now become pressing, as New Brunswick faces the closure of its Belledune coal-fired station by 2030.
The federal government has provided the lion’s share of funding for New Brunswick’s SMR program. It awarded Moltex $50.5-million in 2021, and $7-million to ARC last year. It previously awarded nearly $5-million to NB Power to help it prepare to deploy SMRs at Point Lepreau. Unable to effectively operate its lone existing nuclear reactor, New Brunswick is betting on advanced options
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