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New small modular reactor action plan a key step for new technology’s growth amid ‘incredible demand,’ says industry group
By Aidan Chamandy January 11, 2021
The plan didn't have any funding attached to it, but key stakeholders say they'll be watching for it in the 2021 budget.
Natural Resources Minister Seamus O’Regan, pictured delivering the opening keynote at the Canadian Nuclear Association's annual conference in Ottawa on Feb. 27, 2020. The SMR Action Plan estimates the global market for SMRs at $150-billion by 2040. The Hill Times photograph by Andrew Meade
Canada’s new Small Modular Nuclear Reactor Action Plan is a significant step for the emerging technology’s potential place in the country’s energy grid, say stakeholders who are pushing the government to embrace “first-mover” advantage in the nascent domestic and international market.
Aidan ChamandyAidan Chamandy is a reporter covering federal policy and parties for The Hill Times.
Follow - achamandy@hilltimes.com
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