Korea Hydro Signs on to Build Global Fleet of ARC-100 SMRs
Korea Hydro Signs on to Build Global Fleet of ARC-100 SMRs
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Korea Hydro Signs on to Build Global Fleet of ARC-100 SMRs
Korea Hydro & Nuclear Power (KHNP), ARC Clean Technology and New Brunswick Power (NB Power) have entered a partnership to deploy an SMR in Canada.
While Indigenous leaders from New Brunswick are raising concerns about nuclear waste in Ottawa, NB Power’s CEO is signing on to a trilateral agreement including one of the world’s largest nuclear operators.
A trilateral collaboration agreement has been signed to further cooperation between Korea Hydro & Nuclear Power, ARC Clean Technology and New Brunswick Power with the goal of establishing teaming agreements for global small modular reactor fleet deployment. It follows the signing of a memorandum of understanding last November.
NB Power hopes to begin its long-awaited refurbishment of the Mactaquac Dam next year. The project to upgrade and extend the life of the utility’s most crucial hydro-generating plant is