ARC Clean Energy Canada has hosted an open house to showcase its office expansion in Saint John, also livestreaming the event due to ongoing caution in these pandemic times.
Speakers from the New Brunswick government and NB Power were among those attending the open house this month. They praised the company for its commitment to the province as it moves ahead with development of the ARC-100, an advanced small modular reactor (SMR) offering inherently safe, reliable and economical carbon-free power that deals with waste.
The company has doubled its office space in the Brunswick Tower in downtown Saint John as it expands to meet staffing demands associated with developing the ARC-100, a 100 MW integrated sodium-cooled fast reactor with a metallic uranium alloy core.
The ARC-100 is one of two reactors selected by NB Power for implementation at the Point Lepreau site with completion targeted for the late 2020s. The other is the Moltex Stable Salt Reactor – Wasteburner (SSR-W) that runs on recycled nuclear waste.
“Our government is proud of our strategic investment in this company and its technology,” Natural Resources and Energy Development Minister Mike Holland said of ARC. “This investment is already being returned to the province by way of expanded operations and increased direct, and indirect, employment in Saint John.”
ARC Canada president and CEO Bill Labbe said this year ARC has tripled its staffing, advanced its partnerships with provincial academic institutions and continues to develop collaborative partnerships with First Nations.
“We are looking to the future where New Brunswick will be a clean energy hub and global contributor to carbon reduction strategies,” he said.