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ARC Clean Technology and Nucleon Energy Partner to Advance Small Modular Reactor Deployment in North America

By FisherVista

TL;DR

ARC Clean Technology Inc. and Nucleon Energy Inc. signed an MOU to explore deploying the ARC-100, providing a strategic advantage in clean energy development.

The MOU between ARC and Nucleon aims to evaluate siting options for the ARC-100 deployment, starting with including it in Nucleon's current development work.

The collaboration between ARC and Nucleon supports decarbonization efforts in heavy industry and regional power grids, making the world cleaner and more sustainable.

ARC's ARC-100 reactor offers a flexible, low-carbon energy solution suitable for various industrial applications, paving the way for a greener future.

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ARC Clean Technology and Nucleon Energy Partner to Advance Small Modular Reactor Deployment in North America

ARC Clean Technology and Nucleon Energy have initiated a strategic partnership to evaluate the deployment of advanced small modular reactor (aSMR) technology across North American energy markets. The collaboration focuses on integrating the ARC-100, a 100-megawatt Generation IV sodium-cooled fast reactor, into potential power generation sites in Alberta, Canada, and Texas.

The memorandum of understanding represents a significant step toward expanding clean, low-carbon energy infrastructure. The ARC-100 reactor is designed to provide flexible energy solutions for industrial applications, including sectors such as oil and gas, refining, chemicals, and manufacturing. By targeting decarbonization and grid reliability, the partnership addresses critical challenges in transitioning to sustainable energy systems.

Dustin Wilkes, President and CEO of Nucleon Energy, emphasized the strategic importance of small modular reactors in meeting power reliability and emissions reduction goals. The collaboration aims to evaluate siting options and progress toward regulatory licensing in both Canada and the United States, with the potential for multiple ARC-100 unit deployments across North America.

The ARC-100 technology builds upon a 30-year prototype performance and is currently being advanced in partnership with New Brunswick Power. In 2023, NB Power submitted a License to Prepare Site application to the Canadian Nuclear Safety Commission for a commercial demonstration, signaling growing momentum for small modular reactor development.

Robert Braun, Chief Operating Officer of ARC Clean Technology, highlighted the significance of identifying strategic partners and sites where their low-carbon energy solution can support industrial applications and provide reliable grid power. The partnership with Nucleon Energy represents a crucial step in advancing clean energy infrastructure and demonstrating the potential of small modular reactor technology.

As energy markets continue to seek sustainable and reliable power generation solutions, this collaboration between ARC Clean Technology and Nucleon Energy could serve as a model for future clean energy development, potentially accelerating the transition to low-carbon energy systems across North America.

Curated from 24-7 Press Release

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