Company says its reactors can be ‘leading solutions for Canada’
Westinghouse Electric Company and engineering services company Tetra Tech Canada have signed a memorandum of understanding (MOU) aimed at supporting the development and deployment of Westinghouse’s AP1000 and AP300 reactor projects in Ontario.
Westinghouse said the partnership aims to strengthen domestic project development capabilities and position its technologies as leading solutions for Canada.
The announcement is the latest in a series of agreements with Canadian firms to support Westinghouse’s AP1000 and AP300 projects globally.
Westinghouse says that for each AP1000 unit built outside of Canada, it could generate approximately CAD1bn (€620m, $731m) in gross domestic product (GDP) through local suppliers.
Westinghouse, owned by Canadian energy companies Brookfield and Cameco, says it is the only nuclear vendor with an advanced, proven and fully operational Generation III+ reactor technology that is ready to be deployed in Canada and generate electricity by as early as 2035.
A four-unit AP1000 facility in Canada could power at least three million homes while supporting CAD28.7bn Canadian dollars in GDP during construction.
The four-unit plant would also generate $8.1 billion in GDP and support 12,000 high-quality full-time Canadian jobs annually during its 60-plus year lifespan.