ARC Clean Technology and Nucleon Energy announce an MOU to explore the deployment of new nuclear technology. This deal is expected to further speed the deployment of the ARC-100 reactor in Alberta and Texas. In part, this collaboration is meant to leverage the ARC-100’s state-of-the-art design to do something special. This 100 megawatt Generation IV sodium-cooled fast reactor will produce both electricity as well as industrial process heat.
The ARC-100 reactor is purpose-built for Combined Heat and Power (CHP) service. It does remarkably well there, too, on electric-only generation sites. This unique dual capability makes the reactor a flexible, modular solution. It gives us an effective way to meet increasing energy demands while still honoring legally binding emissions reduction obligations.
In 2023, NB Power took an audacious step, applying to the Canadian Nuclear Safety Commission for an operating license. In most layman’s terms, they’re actually looking for a license to get the site ready for a commercial demonstration of the ARC reactor. This application is a testament to the increasing belief that nuclear technology represents a key component of any strategy to produce clean energy at scale.
Robert Braun, chief operating officer of ARC Clean Technology, sounded thrilled about the collaboration with Nucleon.
“We are very pleased to be working with Nucleon, a dynamic developer of energy infrastructure projects in Canada and the US.” – Robert Braun, ARC Clean Technology chief operating officer
Dustin Wilkes, president and CEO of Nucleon Energy, echoed this sentiment, emphasizing the importance of this partnership in addressing modern energy challenges.
“This partnership reflects Nucleon’s commitment to building clean, dispatchable energy systems that meet the dual needs of power reliability and emissions reduction.” – Dustin Wilkes, Nucleon Energy president and CEO
This MOU is an extremely important first step. It is a huge step forward in the journey to bring advanced nuclear technology to reality across North America. Together, the partnership stands to advance energy sustainability and testimony to its commitment to improve reliability in power generation.
