Canada launches SMR funding program to support nuclear research, supply chain development

News

The Government of Canada has launched a new funding program that will provide nearly $30M over four years to support and promote the commercial deployment of small modular reactors. The program is intended to support the development of supply chains for SMR manufacturing and fuel supply, as well as research on safe waste management solutions. The funds will be open to universities as well as provincial and territorial governments, private companies, utilities, and Indigenous groups. “As Canada advances toward a net-zero grid by 2035, growing our clean energy industries is a vital undertaking,” explained Canada Minister of Natural Resources Jonathan Wilkinson.

Newswire | Power Engineering