Canada is positioning itself up to be a leader in a new age of nuclear power by exploring the use of small modular reactors (SMR).
An Oakville, Ont., firm called Terrestrial Energy is designing a reactor that it says will produce less long-term waste than traditional nuclear plants.
Terrestrial Energy CEO Simon Irish believes his company’s first SMR power plant will give Canadians — and potential customers — confidence in the technology.
“Advanced nuclear can deliver on the nuclear promise, which is enormous amounts of clean energy at a cost competitive price,” Irish said.
Learn more about How small modular reactors work.