Energy & Power
Three provinces sign MOU on development of small modular reactors
By Kavita Sabharwal-Chomiuk
On Dec. 1, Ontario premier Doug Ford, New Brunswick Premier Blaine Higgs and Saskatchewan Premier Scott Moe released a joint statement on an agreement they formed to together develop small modular reactors.
The statement read:
“Ontario, Saskatchewan and New Brunswick agreed today to work together to explore new, cutting-edge technology in nuclear power generation to provide carbon-free, affordable, reliable and safe energy, while helping us unlock economic potential across Canada, including rural and remote regions.
We have signed a Memorandum of Understanding (MOU), committing to collaborate on the development and deployment of innovative, versatile and scalable nuclear reactors, known as Small Modular Reactors (SMRs), right here in Canada.
SMRs could generate clean and low-cost energy for both on-grid and off-grid communities, connect more remote and rural areas of our province, and benefit energy-intensive industries, including the mining and manufacturing sectors. It could also drive economic growth and export opportunities as these technologies are further adopted across the country and around the world.
Our governments support a collaborative approach to reducing emissions and growing the economy in a way that meets the specific needs and economic priorities of each province. We look forward to continuing to work together on innovative energy solutions and creating the best business environment to attract jobs and growth in regions right across the country.”
The full Memorandum of Understanding can be found here.