New Brunswick’s energy minister says he’d like to see another nuclear reactor built in the Maritime province, The Canadian Press reported.
Rick Doucet said the development of small modular reactors could present a significant economic and export opportunity, Kallanish Energy understands.
U.S.-based Advanced Reactor Concepts announced this week it will commit $5 million to operations and research in New Brunswick. The company wants to build small, 100-megawatt reactors it describes as “inherently safe.”
NB Power president Gaetan Thomas says such reactors can be cost-efficient and complement renewable power sources.
The New Brunswick government recently announced it will spend $10 million to create a nuclear research cluster.
New Brunswick’s 660 MW Candu reactor at Point Lepreau is the only nuclear power plant in Atlantic Canada.