At a “pivotal moment” for clean energy, the federal government has released a national Nuclear Energy Strategy. Nuclear energy is “essential to powering Canada’s future,” according to the administration, and “key to a cleaner, stronger, more sovereign economy.” The nuclear sector, responsible for 90,000 jobs, contributes 13% of the national electricity supply. Minister of Energy […]
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To Fuel a Nuclear Future, Canada Invests in Saskatchewan’s Energy Ecosystem
Canada’s nuclear workforce is roughly 90,000 strong. This workforce, of which nearly 90% is considered high-skill work, contributes more than $20 billion to the nation’s gross domestic product. To continue growing this sector, the federal government is investing to help Canada become an “energy superpower.” In this vein, Prairies Economic Development Canada recently revealed over […]
Energy Tech Innovator Aegis Collaborates on Quantum, Nuclear Fronts
Aegis Critical Energy Defence is partnering with a slew of other firms to launch a collaborative product. The energy technology company targets residential, commercial, and utility-scale energy storage with AI-driven solutions, and also offers quantum-level cybersecurity services. Battery Energy Storage System innovation is being worked on by Vancouver-based Aegis alongside partners like Montreal’s Quantum eMotion, […]
Bruce Power Taps ABB to Refurbish Nuclear Energy Systems with Modern Tech
Ontario’s Bruce Power has signed a multi-year contract with Swedish-Swiss multinational electrical engineering giant ABB to supply advanced technology that enhances the lifespan and efficiency of eight nuclear units. The contracts will see ABB upgrade existing excitation systems at Bruce Power’s A and B stations with ABB’s UNITROL 6000 X-power technology. Bruce Power “is refurbishing […]
Cleantech Advances Concept to Launch Nuclear Energy in Far North with Federal Support
Prodigy Clean Energy this month confirmed the completion of a two-year research and develop program toward boosting Canada’s grid with nuclear power. The program completion advances Prodigy’s flagship Transportable Nuclear Power Plant technology, which enables infrastructure to deploy reactors in remote regions. “Prodigy’s TNPPs are technological solutions that improve SMR build standardization, manufacturing and deployment […]
Cameco and Brookfield Expanding Nuclear Capacity in US to Power AI Data Centres
The world’s largest publicly traded uranium producer this month unveiled a special collaboration with Brookfield Asset Management. Saskatoon’s Cameco Corporation and Toronto’s Brookfield announced a binding term sheet with the United States Department of Commerce to establish a strategic partnership. The collaboration is expected to accelerate the global deployment of Westinghouse Electric Company’s nuclear reactor […]
Canada Goes Nuclear with $3B Investment to Build First Small Modular Reactors in G7
Ontario unveiled this month that it is investing a staggering $1 billion toward building “a more competitive, resilient, and self-reliant economy.” Specifically, the Province confirmed that it is committing $1B through the Building Ontario Fund to support what will be the first small modular reactors in the G7. Originally announced earlier this year, the Darlington […]
Canadian Nuclear Laboratories Startup FFC Secures $20M to Advance Fusion Energy
A joint venture between Canadian Nuclear Laboratories and Kyoto Fusioneering has secured a $20 million loan. Fusion Fuel Cycles announced this month the $20M loan, which hails from the Japan Bank for International Cooperation and MUFG Bank. From design to full operations, FFC aims to provide end-to-end solutions to deliver performance-driven, cost-effective fuel cycle systems. […]
Plans Move Forward to Build a Centre of Expertise for Nuclear Waste R&D in Ontario
While some provinces such as British Columbia remain stubbornly anti-nuclear, others like Ontario are welcoming the clean energy source with open arms. In this vein, the Nuclear Waste Management Organization is moving forward with plans to establish a Centre of Expertise in Ontario. Founded in 2002, the NWMO is a not-for-profit entity tasked with safe, […]
Five Firms to Collaborate on Canadian ‘Deep Geological Repository’ for Nuclear Waste
The Nuclear Waste Management Organization this week revealed the five companies selected to design and build a deep geological repository for used nuclear fuel in northwestern Ontario. A byproduct of generating nuclear energy is used fuel. While Canada’s used nuclear fuel is safely managed in interim storage at reactor and laboratory sites, this approach is […]