ARC Clean Technology Inc. and Nucleon Energy Inc. have announced a strategic partnership to assess the feasibility of deploying the ARC-100 advanced small modular reactor (aSMR) in Alberta, Canada, and Texas. This Memorandum of Understanding (MOU) signifies a pivotal move in ARC's strategy to commercialize its technology across North America. The partnership will initially focus on integrating the ARC-100 into Nucleon's existing power generation projects, with the ultimate goal of securing regulatory approvals in both Canada and the United States.
The ARC-100, a 100-megawatt Generation IV sodium-cooled fast reactor, is designed to offer flexible, low-carbon energy solutions, particularly for industrial sectors like oil and gas, refining, chemicals, and manufacturing. Robert Braun, Chief Operating Officer of ARC Clean Technology, underscored the partnership's strategic importance, aiming to pinpoint the best locations where the ARC-100 can bolster industrial operations and ensure stable grid power.
Dustin Wilkes, President and CEO of Nucleon Energy, pointed out the critical role of small modular reactors in creating clean, dispatchable energy systems that tackle both reliability and emissions issues. The ARC-100 is currently under development in collaboration with New Brunswick Power at their Point Lepreau site, with a License to Prepare Site application submitted to the Canadian Nuclear Safety Commission in 2023 for a commercial demonstration.
This MOU lays the groundwork for a potential long-term commercial alliance, with the prospect of deploying several ARC-100 units throughout North America. Such collaboration is a major leap forward in enhancing clean energy infrastructure and aiding industrial decarbonization efforts. For more information on the ARC-100 technology, visit https://www.arccleantech.com.
