Ontario Power Generation partners with U.S. firm in push for small-modular nuclear reactors [Toronto Globe and Mail (Ontario, Canada)]
Fluor Corporation (FLR)
Last fluor corporation earnings: 10/31 06:55 am
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Source: Toronto Globe and Mail
Ontario Power Generation is teaming up with U.S.-based NuScale Power LLC to bring its innovative small-reactor design to Canada as the nuclear industry calls for government financial support to develop its next-generation technology. Provincially owned OPG will work with Oregon-based NuScale to launch a process with the federal nuclear regulator to review the company’s small-modular reactor (SMR) design and determine whether the technology is compatible with Canadian standards, the two companies announced Wednesday. Once that step is completed, the partners will pursue the development, licensing and sale of the first NuScale SMR plant in Canada, they said. Canada’s nuclear regulator is pressing Ottawa to allow smaller nuclear reactors a clear development path that avoids lengthy impact assessments. Proponents tout the new generation of reactors – which range in size from 1.5-megawatts to 300-megawatts – as a safe, low-carbon option to provide power to remote communities an
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FLR
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- 5/3/24 - Miss
FLR
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- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- FLR's page on the SEC website