The government wants a next-generation Candu design ready by 2030 to support up to 10 new large nuclear plants in Canada and exports to four new customer countries by 2040, the Liberals’ new nuclear energy strategy says. The plan includes no new spending, but is meant to guide agencies like the Canada Infrastructure Bank and Canada Growth Fund in deciding what to support. (The Logic)
Talking point: The strategy includes Canadian microreactors, supply chains for other nuclear technologies (including small modular reactors and Canadian-owned Candu competitor Westinghouse’s large reactors) and fusion energy, but Candu technology is at the plan’s core. Candu reactors—accounting for all of Canada’s current nuclear energy—are attractive because they’re designed to run on unenriched uranium mined in Canada and produce useful isotopes as byproducts. Candu sales produce long-term international partnerships, the strategy says, and can be a foreign policy tool as well as an economic boon, so they’ll “be treated as a direct expression of foreign and industrial policy.”
Loading...
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseIf you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseYou have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.