Small modular reactor developer ARC Clean Technology, Canadian utility New Brunswick Power, and nuclear plant operator Korea Hydro & Nuclear Power have signed a memorandum of understanding to explore opportunities for commercializing ARC technology in Canada, South Korea, and the United States, as well as in other regions where KHNP has business operations.

The Canadian Nuclear Safety Commission has renewed the operating license of the reactor at the Point Lepreau nuclear plant for a period of 10 years. As a result, the facility’s 660-MWe CANDU-6 unit, the five-year license for which was set to expire on June 30, is now permitted to operate until the end of June 2032. License holder NB Power had requested an unprecedented 25-year extension.

SNC-Lavalin and Moltex Energy are partnering to advance the development and deployment of small modular reactor technology in Canada, the companies announced last week at the Canadian Nuclear Association’s 2022 conference in Ottawa, Ontario. The partnership will support Moltex as it pursues the licensing and construction of its 300-MW Stable Salt Reactor–Wasteburner (SSR-W), a molten salt reactor that uses nuclear waste as fuel.

Alberta Premier Jason Kenney has added his signature to a memorandum of understanding on small modular reactor development that was signed in 2019 by the premiers of New Brunswick, Ontario, and Saskatchewan. Kenney signed the document last week at a virtual event that also promoted the release of Feasibility of Small Modular Reactor Development and Deployment in Canada—a study formally requested as part of the MOU.

Ontario Power Generation’s Centre for Canadian Nuclear Sustainability (CCNS) will collaborate with nuclear technology firm Moltex Energy on a project aimed at recycling used fuel from CANDU reactors, the electricity generator announced March 30.

The CCNS will provide C$1 million (about $800,000) in funding to assist Moltex in demonstrating the technical viability of its process to recycle used CANDU fuel. That process, known as WAste to Stable Salt (WATSS), has the potential to reduce storage needs for used fuel, according to Moltex.

Artist’s rendering of the Stable Salt Reactor–Wasteburner (SSR–W) and WAste to Stable Salt (WATSS) facility. Image: Moltex

The Canadian government has awarded C$50.5 million (about $40.2 million) to Moltex Energy Canada to support small modular reactor research and technology development in New Brunswick. The investment, announced March 18, was provided by the government’s Strategic Innovation Fund and its Regional Economic Growth Through Innovation program, part of the Atlantic Canada Opportunities Agency (ACOA).

In a press release on the funding, Moltex said it plans to build the world’s first 300-MW Stable Salt Reactor–Wasteburner (SSR–W) and WAste to Stable Salt (WATSS) facility at the Point Lepreau Generating Station site in Saint John, New Brunswick, and provide electricity to the grid by the early 2030s. According to the company, its WATSS process, which recycles existing used nuclear fuel, has the potential to reduce storage needs for that fuel.