The New Brunswick government is committing $10 million to establish the province as a leader in the field of small, modular nuclear reactor technology.
Energy Minister Rick Doucet made the announcement in Saint John, saying energy is a way to grow the economy.
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He says the government is interested in the development of expertise related to non-carbon emitting technology.
New Brunswick’s Candu 6 reactor at Point Lepreau is the only nuclear power plant in Atlantic Canada.
Doucet says New Brunswick is well-placed to play a role in the growth of the sector.
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NB Power President Gaetan Thomas says the utility has been a leader in innovation, and is pleased to be able to conduct research into small modular reactors.