The governments of Saskatchewan and New Brunswick have signed a Memorandum of Understanding (MOU) today to enhance cooperation on the development of small modular reactor (SMR) technologies in both provinces.
The MOU provides the ability for the two provinces and their utility Crowns, SaskPower and New Brunswick Power, to formally share experiences, knowledge and successes on deployment plans, supply chain development, Indigenous relations, labour market development, regulations and other areas.
"Saskatchewan and New Brunswick have established a strong working relationship on SMR development over the years," Saskatchewan Crown Investments Corporation Minister Don Morgan said. "This renewed partnership will bring mutual benefits to both provinces by capturing opportunities stemming from the work on nuclear energy development across Canada and internationally. Together, we can accelerate the progress of decarbonizing power grids and industrial facilities using SMR technologies."
New Brunswick plays a leading role in Canada for Generation 4 advanced SMR development. This technology can be beneficial to Saskatchewan while the province explores industrial decarbonization.