Unable to effectively operate its lone existing nuclear reactor, New Brunswick is betting on advanced options – by Matthew McClearn (Globe and Mail – July 2, 2024)


Mike Holland was among Canada’s leading evangelists for small modular nuclear reactors. During his tenure as New Brunswick’s energy minister, from 2018 to when he stepped down on June 20, he vigorously supported plans by the province’s Crown utility, NB Power, to construct two different small reactor designs from startup companies: U.S.-based ARC Clean Technology and Britain’s Moltex Energy.

This represents Canada’s most ambitious – and perhaps riskiest – foray into bleeding-edge nuclear technology. In an interview shortly before he resigned to pursue an opportunity in the private sector, Mr. Holland recalled how SMRs arrived on his agenda soon after he assumed office.

He began exploring what advanced reactors could mean for decarbonizing the province’s electricity sector and growing its economy, and concluded New Brunswick could become a hub for nuclear design and manufacturing, and export reactors around the world.

“I saw the opportunity for New Brunswick to not just participate, but be a leader in this,” he said. “I am someone that loves to be on the cutting edge.”

For the rest of this article: https://www.theglobeandmail.com/business/article-new-brunswick-nuclear-reactor-technology-arc-clean-moltex-energy/