Moltex Energy is very pleased to join the Atlantic Clean Energy Alliance, a consortium dedicated to the development of clean energy technology in New Brunswick.
A consortium of partners has joined together to seize the opportunities and benefits of clean energy development in Atlantic Canada. Collectively the group is working towards meeting the challenge of satisfying 2050 global emissions reduction targets.
The Atlantic Clean Energy Alliance consists of representatives of the University of New Brunswick, Moltex Energy, ARC Nuclear Canada, NB Power, Atlantica Centre for Energy, the Department of Natural Resources and Energy Development, Opportunities New Brunswick and Economic Development Greater Saint John.
The partners have committed to fostering energy innovation by working as a collaborative alliance and assist in moving the provincial economy forward.
New Brunswick is gaining traction in the development of SMR technology as evidenced by ARC Nuclear Canada and Moltex Energy establishing offices in Saint John, as well as Laurentis Power Group establishing its first office outside Ontario (in Saint John).
New Brunswick, Saskatchewan and Ontario recently announced an MOU regarding development of SMR technology in Canada, with three streams of concurrent development taking place.
Energy innovation was identified as a priority sector to grow New Brunswick’s economy, consistent with federal programs to encourage clean energy development.
The Alliance is interested in adding other clean energy innovators as interest grows.