Ottawa puts chips down on nuclear

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Ottawa puts chips down on nuclear

[ https://www.nationalobserver.com/2024/0 ... MAIL_ID%5D ]

By Natasha Bulowski & Matteo Cimellaro  - February 29th 2024

Federal Energy and Natural Resources Minister Jonathon Wilkinson reaffirmed his government’s support for the nuclear industry with a $50-million investment to expand nuclear power generation in Ontario.

The federal funding will help Bruce Power, the private entity that manages and operates one of the largest nuclear power plants in the world, do preparatory work to add a third power station to its existing facility. The power station sits on the shores of Lake Huron, around 227 kilometres northwest of Toronto.

“Today's announcement is yet another endorsement of Canada's nuclear industry, which will continue to be an important part of our efforts to maintain and strengthen Canada's clean electricity advantage,” said Wilkinson on Thursday before a crowd of 200 at the Canadian Nuclear Association’s annual conference in Ottawa.

“This investment speaks to what's possible when we put aside partisan differences and work together towards common goals and finding real solutions that address climate change and create economic opportunity,” Wilkinson added.
Ontario Energy Minister Todd Smith and Bruce Power CEO and president Michael Rencheck commended Wilkinson for his government’s investment at the announcement Thursday morning.

This is the first time in decades Ottawa has opened its purse for a large investment to expand a large nuclear facility. The project is referred to as Bruce C and is still in the impact assessment stage. . . . .

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Small Modular Nuclear Reactor (SMNR) Lemon Mobile

[ https://crednb.ca/2024/02/21/factsheet- ... on-mobile/ ]