Greenhouse gas emission targets boost enthusiasm for small modular nuclear reactors

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 99%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The worldwide battle to control greenhouse gas emissions to fight climate change is the best thing that's happened for growth in the nuclear energy industry in decades, its proponents say.

They add that the development of smaller, scalable nuclear reactors to churn out reliable, emissions-free energy at a much lower than traditional cost makes nuclear an option that's become impossible to ignore.

A recent study from the Canadian Nuclear Association found that the use of SMRs would allow heavy industries in Canada to reduce their GHG emissions by 216 megatonnes over 15 years from 2035 to 2050. "So, does Canada want to take advantage of the deep experience that we have and our first mover advantage to find solutions here at home and export them abroad?"

Nuclear power's ability to produce energy without emissions makes it popular among politicians like federal Minister of Natural Resources Seamus O'Regan and the premiers of Alberta, Saskatchewan, Ontario and New Brunswick, but it has yet to win many converts among environmental groups. The industry insists that the risk of an accidental meltdown of an SMR's reactor core is greatly diminished compared with older generation reactors because of “passive” control designs that automatically shut it down if problems develop.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I would also add that Canada in general generates nearly 84% of its power from clean sources. Canada clean source power is 2 within G7 and very high rank within the G20 - It is about the technology being viable!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines