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Moltex Energy pursuing SMR build in New Brunswick

The next generation of nuclear reactors is on its way in Canada. Small modular reactors (SMRs) are a type of reactor that are smaller than conventional nuclear reactors. They can be built in factories and delivered to power sites and remote locations for installation at a low cost. In Ontario, both Ontario Power Generation and Bruce Power are working with companies to develop SMRs. And in New Brunswick, two companies signed agreements with NB Power and the Government of New Brunswick as part of an effort to build a manufacturing hub and potentially a second or even third reactor at Point Lepreau.

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