Canada / New Brunswick Announces CAD20 Million Support For ARC-100 SMR Technology

New Brunswick Announces CAD20 Million Support For ARC-100 SMR Technology
New Brunswick will hand ARC Clean Energy CAD20m to support development of its ARC-100 SMR technology. Courtesy ARC Clean Energy.
The premier of New Brunswick province in Canada said his government will spend more taxpayer dollars to support the development of small modular nuclear reactors in the province.

Blaine Higgs announced that the province will hand New Brunswick-based ARC Clean Energy CAD20m ($15m) to support development of its ARC-100 SMR technology.

New Brunswick Power has chosen the ARC-100 for potential deployment at its Point Lepreau nuclear site, where a single Candu 6 plant has been in commercial operation since 1983.

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