With the commencement of the EA, detailed studies will begin. In parallel, GFP will provide CNL with the required information as they continue their proponent selection process, and provide the Canadian Nuclear Safety Commission (CNSC) with information to support the licence application process.
If approved, the project would serve as a model for future SMR deployments that could support remote industrial applications and provide a viable option to displace fossil fuel use. Ultimately, the MMR model could be a key contributor to an important solution for all of Canada: meeting energy needs while enabling other renewable energy sources and helping to achieve environment and climate change goals.
“The start of the EA is an important step in this very thorough and thoughtful process. We look forward to continuing our engagement with Indigenous communities, local residents, and other stakeholders."
Joe Howieson, GFP’s Chief Executive Officer
“Our MMR technology is designed with a great many safety, environmental and operational innovations and this project will allow us to demonstrate how our advanced technology can be essential in helping Canada meet its energy, environmental and climate goals.”
Francesco Venneri, Chief Executive Officer, Ultra Safe Nuclear Corporation
“OPG is proud to be working with GFP and USNC on this ‘first-of-a-kind in Canada’ opportunity. Our advances to date are the result of a shared vision on the role that SMRs and nuclear energy can play in meeting climate change commitments, while also providing environmental and social benefits.”
Dominique Minière, President, Nuclear, Ontario Power Generation
Read more about Global First Power’s proposed project at the Chalk River site.
Visit the Canadian Environmental Assessment Agency website.
About Global First Power
Global First Power specializes in project development, licensing, ownership and operation of small nuclear power plants to supply clean power and heat to remote industrial operations and residential settlements. GFP finances and owns the nuclear plants and provides dispatchable and reliable energy to clients under long-term supply contracts. GFP’s business proposition reduces clients’ project and financial risks by: eliminating the clients’ capital requirements to build power plants; reducing the energy cost; reducing greenhouse gas emissions; and eliminating the future energy cost variability.
About Ontario Power Generation
Ontario Power Generation (OPG) is one of the most diverse electricity generators in North America. It produces about half of the electricity Ontarians rely on every day, and its clean, safe, power costs an average of 40% less than other generators in Ontario.
USNC is a vertical integrator of nuclear power technologies, committed to bringing safe, commercially competitive, and reliable nuclear energy to markets throughout the world. The company strictly adheres to inherent and intrinsic safety principles through technological innovation in fuels, materials, and design practices. The privately-held company maintains its headquarters in Seattle, Wash., with subsidiaries across the globe. Currently, USNC’s MMR designs are leading the way in providing energy as a service for remote communities and mining operations in Northern Canada.