Innovative and mundane

Canadian government invests in SMR technology

The Canadian government is investing CAD20 million (USD15 million) of federal funds to accelerate development of Terrestrial Energy's Integral Molten Salt Reactor power plant. Small modular reactors are expected to play a key role in the country's efforts to achieve net-zero greenhouse gas emissions by 2050 and in providing economic benefits as it emerges from the COVID-19 pandemic.