Ottawa Valley COVID-19 Contacts & Resources Federal: www.canada.ca/coronavirus Ontario: www.ontario.ca | 1-888-444-3659 BUSINESS Quebec: www.quebec.ca | 1-877-644-4545 Renfrew, Lanark and regional business news. www.occ.covid19-suppororbusiness www.ovbusiness.com | [email protected] Issue No. 280 Published by: Forward Thinking June 16, 2020 Small Reactor Project Based At CNL Group makes reactors that provide energy to remote areas By: Jennifer Layman brings safe, commercially [email protected] competitive and reliable nuclear energy to markets throughout the Three companies are world. Ontario Power collaborating to operate a micro Generation is the largest modular reactor project at Chalk electricity generator in the River Laboratories (CNL) in province, providing almost half Chalk River. Global First Power, of the power Ontarians rely on Ultra Safe Nuclear Corporation every day. OPG has expertise in (USNC) and Ontario Power nuclear, hydroelectric, biomass, Generation will build, own and solar and natural gas operate the micro modular technologies. reactor (MMR) to provide safe On May 20, Global First and sustainable, low-carbon Power hosted a telephone town power and heat to industries hall about the proposed MMR at such as mining and remote Chalk River. Almost 4,000 communities. people participated. Nearly half The three have been of the participants had not heard collaborating on the Chalk River of Global First Power before and Project for several years, which 65 per cent feel nuclear energy is has led to the joint-ownership Source: Global First Power "very important" as part of the arrangement and creation of the energy mix. limited partnership today. The small modular reactor at Chalk energy company whose vision is In the call, Eric McGoey, a partnership demonstrates the River Laboratories. The 15 to contribute to a world where communications director for companies' mutual commitment megawatt thermal small modular reactors (SMRs) Global First Power, explained to making low carbon, small (approximately 5 MW electrical) are an inherently safe, clean and that the project is about using nuclear reactors a reality for MMR project is currently cost-effective generation option ultra-safe nuclear in a patented Canada, and a viable alternative undergoing an environmental to provide the energy people micro modular reactor design to diesel and other fossil fuels. assessment. More information need, regardless of their that would create enough power The MMR project is in the third can be found on the GFP website location. GFP is 100 per cent to supply electricity to 5,000 stage of CNL's four-stage at www.globalfirstpower.com owned by UNSC. Ultra Safe homes. process to site a demonstration Global First Power is an Nuclear Corporation (UNSC) Continued on Page 3 Now Booking! 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[email protected] | www.easternontariojobs.com June 16, 2020 Ottawa Valley Business Page 3 Small Reactor Project, Continued Town hall phone call questions answered Continued from Page 1 hours a day, seven days a week. remote areas, and that is partially Book Club How "Small" is Small? the reason why the team selected This would be done without The size of the reactor is 12 using higher than natural greenhouse gas emissions. metres tall and three metres in uranium in the reactor. Why Do We Need More diameter. At this size, it can be Project Cost Electricity Generation? transported by road. It is estimated the project will A caller to the town hall asked The Fuel cost $100 to $200 million. The why more electricity generation The MMR project would use initiative is not funded by was needed when we already low enriched uranium which is taxpayers. USNC is privately don't use the amount of power below 20 per cent enrichment.