Search
Close this search box.

In recent years, there has been a growing emphasis on sustainability and eco-friendly practices in the logistics industry. As the...

Consumer activism and demands for fast, on-demand delivery with sustainable logistics are both on the rise. Sustainable logistics solutions like...

Vertical farming is a revolutionary method of growing crops in vertically stacked layers, often in controlled environments such as warehouses...

Vertical farms look high-tech and sophisticated, but the premise is simple—plants are grown without soil, with their roots in a...

Vertical farming is a revolutionary method of growing crops in vertically stacked layers, often in controlled environments such as warehouses...

At the Multimodal 2024 conference, Dirk Hoffmann from DP World highlighted an innovative approach to reducing carbon emissions within the...

Freezing goods at -15°C is a common practice in the food industry to preserve perishable items and extend their shelf...

Freezing goods at -15°C is a common practice in the food industry to preserve the quality and freshness of products...

Facilities management plays a crucial role in addressing climate change, particularly from a supply chain perspective. As businesses strive to...

Facilities management plays a crucial role in addressing climate change by implementing sustainable practices that reduce energy consumption, minimize waste,...

There is a growing public recognition that climate change is no longer simply a theory and that its effects are...

Satellites have long been used for communication, navigation, and weather forecasting, but their role in enhancing smart city infrastructure is...

Satellites have long been a crucial component of modern communication and navigation systems, but their role in smart city infrastructure...

Satellites have long been used for communication, navigation, and weather forecasting, but their role in enhancing smart city infrastructure is...

Satellites have long been used for communication, navigation, and weather forecasting, but their role in advancing smart city infrastructure is...

Satellites have long been a crucial component of modern communication and navigation systems, but their role in smart city infrastructure...

Image by Freepik Smart cities deliver significant improvements in the quality of urban life, so an important goal of the...

Satellites have long been used for communication, navigation, and weather forecasting, but their role in enhancing smart city infrastructure is...

Satellites have long been used for communication, navigation, and weather forecasting, but their role in enhancing smart city infrastructure is...

Doconomy, a Swedish climate fintech startup, has recently made headlines by securing an impressive $36.9 million in Series B funding....

Doconomy, a Swedish climate fintech startup, has recently made headlines by securing $36.9 million in Series B funding, with UBS...

Doconomy, a Swedish climate fintech startup, has recently made headlines by securing $36.9 million in Series B funding. The funding...

Doconomy, a Swedish climate-focused fintech startup, has raised €34 million ($36.9 million) in funding from leading European banks, including UBS...

As the world continues to grapple with the urgent need to reduce carbon emissions and combat climate change, innovative solutions...

Steel production is a major contributor to industrial carbon emissions, accounting for approximately 7% of global CO2 emissions. In an...

As the world continues to grapple with the effects of climate change, finding sustainable solutions for reducing carbon emissions has...

As the world continues to grapple with the urgent need to reduce carbon emissions and combat climate change, innovative solutions...

NB Power, ARC Move Forward with Small Modular Reactor

NB Power, ARC Move Forward with Small Modular Reactor
Electricity power lines over a sunset
(Credit: Pixabay)

NB Power and ARC Clean Technology Canada have made new strides toward constructing and operating an advanced small modular reactor on the site of an existing nuclear power plant in New Brunswick, Ontario.

NB Power, the provincial electric utility that has been around for more than 100 years, submitted an Environmental Impact Assessment registration document to the Department of Environment and Local Government and a (License) to Prepare Site Application to the Canadian Nuclear Safety Commission on the advanced Small Modular Reactor project. The new reactor project will be on the site of the existing Point Lepreau Nuclear Generating Station in New Brunswick.

Clean energy company ARC has been working on the development of the ARC-100, a modular, advanced sodium-cooled fast reactor that will generate at least 100 megawatts of electricity, since 2018. NB Power has provided technical support for the project. The project is the first deployment of an on-grid advanced SMR facility in Canada and is considered to be a key objective of Stream 2 of the “Strategic Plan for the Deployment of Small Modular Reactors,” a strategic plan prepared by the governments of New Brunswick, Ontario, Alberta, and Saskatchewan in 2022.

The plans come as NB Power recently launched its strategic plan, dubbed Energizing Our Future, with the goal of phasing out coal by 2030 and achieving net-zero supply by 2035 while maintaining energy security. 

“To transition to a cost-effective, clean, and secure energy supply, we are exploring new ways of delivering energy to customers,” Lori Clark, president and CEO of NB Power, said in a statement. “Small modular reactors are part of the solution to reach our target of being net-zero by 2030 and ensure that we are meeting the needs of New Brunswickers today and into the future.”

The company expects to develop strategic partnerships to complete the reactor project, which will help provide accountability, transparency, and long-term sustainability for the project.

SMR projects have been the source of some excitement in the energy sector for some time with their potential to store energy. Earlier this year, Dox and X-energy partnered to develop an advanced nuclear reactor to make chemical compounds. 

Editor’s note: Don’t miss the virtual Environment+Energy Leader Solutions Summit ’23 on July 18-19. Learn tangible, innovative solutions to help with sustainable transitions across industries. Speakers from companies and organizations including Schneider Electric, Cority, Jump Associates, Mycocycle, Plainsight, LRQA, the Alliance to Save Energy, and many more will share tactics and lessons that can help you solve your energy management, sustainability, and ESG challenges. Learn more about the #EESummit23, and then register today!