Saskatchewan has taken a leading role in developing the latest nuclear technology, Small Modular Reactors (SMRs). The province is home to some of richest uranium resources in the world and companies in the province have a history in the nuclear industry.
Renewables and other new technologies to produce energy and capture carbon emissions will be important. However, nuclear power provides unique features as an emission-free energy source. It can provide clean, baseload electricity that enables the use of intermittent renewables.
SMRs leverage nuclear technology’s existing advantages with other appealing characteristics. The units are flexible. They can be installed in remote communities. They are scalable and components can be produced to take advantage of economies of scale. SMRs will be able to generate electricity and at the same time produce high-temperature process heat for industry. No single technology can meet all our future requirements, but SMRs need to be part of the mix.
SOURCE: Saskatchewan SMRs