AECL focuses its energies to win domestic market

subscribe

Atomic Energy of Canada Limited announced that it is focusing its marketing and licensing resources for the Advanced CANDU Reactor (ACR-1000) on the immediate needs of the Canadian domestic marketplace.

"The nuclear renaissance has taken hold in Canada as several Canadian provinces are currently considering the ACR as the technology-of-choice for the next generation nuclear technology," says AECL's President and Chief Executive Officer Hugh MacDiarmid. "We believe very strongly that our best course of action to ensure the ACR-1000 is successful in the global market place is to focus first and foremost on establishing it here at home."

Given this new direction, AECL has notified the United Kingdom's nuclear regulators that it will suspend participation of its ACR design in Step 3 of the UK's new build reactor Generic Design Assessment but may re-enter at a later date. The UK regulators - the Health and Safety Executive and the Environment Agency - had announced in March that the ACR and AECL's design program had passed the Step 2 assessment of stringent safety, security and environmental criteria and was eligible to proceed to Step 3.

Mr. MacDiarmid added, "We want to dedicate our resources for the ACR to the markets in Canada. By taking this action now we are well positioned to meet our customer's expectations for product performance, as well as on time and on budget project delivery. We continue to actively pursue opportunities for our CANDU 6 product in several international markets."

Related News

California avoids widespread rolling blackouts as heat strains power grid

LOS ANGELES - California has avoided ordering rolling blackouts after electricity demand reached a record-high Tuesday night from excessive heat across the state. 

The California Independent System Operator, which oversees the state’s electrical grid, imposed its highest level energy emergency on Tuesday, a step that comes before ordering rolling blackouts and allows the state to access emergency power sources.

The Office of Emergency Services also sent a text alert to residents requesting them to conserve power. The operator downgraded the Stage 3 alert around 8:00 p.m. PT on Tuesday and said that “consumer conservation played a big part in protecting electric grid…

READ MORE
alberta wind power

'Transformative change': Wind-generated electricity starting to outpace coal in Alberta

READ MORE

covid19 scientist

Electricity Shut-Offs in a Pandemic: How COVID-19 Leads to Energy Insecurity, Burdensome Bills

READ MORE

power lines

Closure of 3 Southern California power plants likely to be postponed

READ MORE

Barakah Unit 1

Barakah Unit 1 reaches 100% power as it steps closer to commercial operations, due to begin early 2021

READ MORE