Saskatchewan and New Brunswick have formally entered into a formal partnership for small modular reactor (SMR) development.
SMRs are scalable and versatile nuclear reactors that typically produce less than 300 megawatts of power. According to the state government, they can support established large grids, small grids, remote off-grid communities, and resource projects.
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A memorandum of understanding (MOU) was signed between the two governments on Monday.
The states said the signatures allow states to formally share their experiences, knowledge and successes in deployment planning, supply chain development, indigenous relations, labor market development, regulation and other areas.
“Saskatchewan and New Brunswick have had a strong partnership on SMR development for many years,” said Saskatchewan Crown Investments Corporation Minister Don Morgan.
“This new partnership will provide mutual benefits to both provinces by capturing opportunities arising from nuclear energy development efforts across Canada and internationally. can accelerate the progress of decarbonization of
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New Brunswick is playing a leading role in Canada in fourth generation advanced SMR development and will support Saskatchewan as the province seeks to decarbonize its industry, according to the province.
“New Brunswick has expertise from 40 years of reliable nuclear operations,” said Mike Holland, New Brunswick’s Minister for Natural Resources and Energy Development.
“Nuclear energy is a key resource in the transition to a low-carbon future, and our two states are well-positioned to lead this evolution.”
In June 2022, SaskPower announced that it had selected the GE-Hitachi BWRX-300 to advance its SMR development project.
The state said a 300-megawatt SMR could generate enough clean electricity to power 300,000 homes each year.
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