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Energy Development : New alliance formed in N.B. to promote development of small nuclear reactors

Energy Development : New alliance formed in N.B. to promote development of small nuclear

Energy Development Co. Ltd.February 24, 20203
Energy Development : New alliance formed in N.B. to promote development of small nuclear reactors

About this update from Energy Development Co. Ltd.

SAINT JOHN, N.B. — A new alliance has been formed to promote the development of small nuclear reactors and other energy technologies in Atlantic Canada . The Atlantic Clean Energy Alliance was announced today in Saint John, N.B. Members include the University of New Brunswick , private firms Moltex Energy and ARC Nuclear Canada, NB Power and New Brunswick's Department of Natural Resources and Energy Development . Colleen d'Entremont, president of the Atlantica Centre for Energy , an industry association that is also part of the alliance, says New Brunswick is well-positioned for development of small modular reactors in the effort to meet 2050 carbon reduction targets. ARC and Moltex have both set up offices in Saint John . New Brunswick , Saskatchewan and Ontario recently signed a memorandum of understanding regarding development of the small modular reactor technology in Canada . This report by The Canadian Press was first published Feb. 24, 2020 . © 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

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