11 February 2021
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New Brunswick Premier Blaine Higgs has announced a further CAD20 million (USD16 million) of funding towards the next phase of small modular reactor (SMR) development in the province. The province is partnering with ARC Clean Energy Canada Inc, which is developing the ARC-100 advanced SMR.
Blaine Higgs delivered the 2021 State of the Province address at the Delta Hotel Fredericton (Image: ARC Canada)
In his State of the Province Address yesterday, Higgs said the government of New Brunswick is making steady progress in its SMR strategy. In 2019, the province joined Ontario and Saskatchewan in a Memorandum of Understanding to advance the development and deployment of SMRs, and last year ARC, New Brunswick Power and Moltex Energy agreed to set up a SMR vendor cluster in the province.