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Cameco, GE Hitachi and Global Nuclear Fuel to Examine Potential Collaboration to Support BWRX-300 Small Modular Reactor Deployment
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Cameco, GEH, Global Nuclear Fuel, Sign MOU - News - Nuclear Power News - Nuclear Street - Nuclear Power Plant News, Jobs, and Careers
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GE Hitachi: Nuclear Costs, Innovation Must Be a Pivotal Focus for Carbon-Free Future
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03 June 2021
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The construction of the first BWRX-300 small modular reactor (SMR) in Ontario will generate about CAD2.3 billion (USD1.9 billion) in GDP, CAD1.9 billion in labour income and more than CAD750 million in federal, provincial and municipal tax revenue, PwC Canada has estimated in an independent report commissioned by GE Hitachi Nuclear Energy (GEH).
(Image: GEH)
Transforming Canada’s energy future: The socio-economic impact of GE Hitachi SMRs estimates the potential economic benefits that would result from job creation, local supply chain development, manufacturing, construction, operation and tax revenue generated by the deployment of BWRX-300 in Canada. Each subsequent BWRX-300 deployed in Ontario and other provinces is expected to generate over CAD1.1 billion in GDP and CAD300 million in tax revenue.
Report by PwC Canada finds that GE is positioned to help Canada become a global SMR leader
TORONTO June 1, 2021 An independent report by PwC Canada, commissioned by GE Hitachi Nuclear Energy (GEH), estimates the potential economic benefits that would result from job creation, local supply chain development, manufacturing, construction, operation and tax revenue generated by the deployment of BWRX-300 small modular reactors in Canada and the potential export of this technology worldwide.