Business View Magazine - Dec 2023

Fortunately, the word has spread, and it’s generating major interest in modular reactor technology. Companies like Cenovus, Imperial Oil, and the giants of the Pathways Alliance have all been evaluating small modular reactors. New Brunswick Power has already announced a project to deploy a small modular reactor out of Atlantic Canada. Additionally, SaskPower has been very public about deploying small modular or grid- sized reactors to displace some of their coal assets. A PEEK INTO THE NUCLEAR FUTURE With all of these signs and more present, it’s become clear that many of Canada’s provinces, via their major energy providers, are beginning to accept the viability of clean nuclear energy thanks to this Gen-4 tech, especially the Alberta market, which Tawfik describes as “prime and ripe to adopt some of these nuclear deployments.” Still, even with all of this excitement, it is incredibly hard to predict the future of the nuclear energy sector. EMPOWERING CONSTRUCTION SITES WITH PRECISION POWER DISTRIBUTION WWW.WIRTANENELECTRIC.CA 105 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12 PCL CONSTRUCT ION- NUCLEAR