ARC Clean Technology and Moltex to share the facts about nuclear and SMRs at public information sessions
Saint John, New Brunswick (Monday, November 6, 2023) – ARC Clean Technology (ARC) and Moltex Energy Canada Inc. (Moltex) will be at upcoming public information sessions to share information about nuclear energy and the advanced nuclear projects under development in New Brunswick.
Hosted by NB Power, the information sessions represent a commitment to keeping stakeholders informed. Interested community members are invited to attend and learn more about small modular reactors (SMRs), the Point Lepreau Nuclear Generating Station, and environmental and regulatory requirements for the existing nuclear operation as well as those planned for the future.
About the information sessions:
Dipper Harbour 1270 Route 790 Dipper Harbour, New Brunswick Tuesday, November 7, 2023, 4:00-7:00 pm Presentation at 6:00 pm
Saint John Hilton Convention Centre, Montagu Room 1 Market Square Saint John, New Brunswick Wednesday, November 8, 2023, 4:00-7:00 pm Presentation at 6:00 pm
St. George 3 Magaguadavic Drive St. George, New Brunswick Thursday, November 23, 2023, 4:00-7:00 pm Presentation at 6:00 pm
Moltex is a nuclear technology leader that has caught the attention of governments, utilities and investors worldwide. It is developing three unique technologies: a Stable Salt Reactor – Wasteburner (SSR-W) that uses recycled nuclear waste as fuel; a WAste To Stable Salt (WATSS) process for recycling nuclear waste to produce SSR-W fuel; and GridReserve thermal energy storage tanks, enabling the SSR-W to act as a peaking plant. Moltex was selected by NB Power to progress development of its reactor technology in New Brunswick, Canada, with the goal of deploying first-of-a-kind SSR-W, WATSS and GridReserve units at the Point Lepreau site.
ARC Clean Technology Canada, Inc. (ARC) is a clean energy technology company developing the ARC-100, an advanced small modular reactor (aSMR) offering inherently safe, reliable, and economical carbon free power. Leveraging proven technology from the 30-year performance of its prototype, the ARC-100’s simple, modular design provides 100 megawatts of electricity and industrial heat that will be cost competitive with fossil fuels. Important applications include the decarbonization of heavy industry, the fueling of low-carbon hydrogen projects, and the creation of life-saving medical isotopes. The ARC-100 has been selected by New Brunswick Power for implementation on their Point Lepreau site with completion by the end of this decade. ARC Clean Technology Canada, Inc. has offices in Saint John, New Brunswick and is a subsidiary of ARC Clean Technology Inc. based in Washington, DC.