NB Power, Ontario Power Explore Point Lepreau Partnership
“The status quo is not an option for NB Power,” Spokesperson Dominique Couture says.
“The status quo is not an option for NB Power,” Spokesperson Dominique Couture says.
On this week’s ‘Insights’ podcast, Don Mills and David Campbell speak with Bill Labbe, President & CEO of ARC Canada, about his company’s development of an advanced small modular reactor (aSMR) in New Brunswick and about the role of nuclear energy in meeting Canada’s commitment to net zero 2050.
Government rebates will help a Toronto company set up a Saint John office.
This week on the Insights podcast, Don Mills and David Campbell continue their conversations about the transformation of the energy sector in Atlantic Canada as it looks to decarbonize our economy and continue to foster a strong regional economy.
NB Power had asked for an unprecidented 25-year license renewal but the Canadian Nuclear Safety Commission shot the request down.
The final part of a public hearing on the application is happening in Saint John, starting May 10.
ARC Clean Energy Canada has just completed its first round of financing, bringing in $30-million.
Public hearings begin this week on renewing the operating license for the Point Lepreau Nuclear Generating Station.
In January 2021, NB Power sent its renewal application to the Canadian Nuclear Safety Commission, an independent federal nuclear regulator. Since early July 2021, officials from the CNSC have been reviewing the application.
The Moltex Clean Energy small modular reactor (SMR) should be installed and operational at Point Leapreau by the early 2030s, the company said in a virtual update Monday.