Feds announce funding for new energy technology at Burlington plant
Published March 17, 2022 at 1:25 pm
Burlington was the site of a $27.2 million announcement by the federal government to support a small modular reactor project.
The word came down at Westinghouse Electric Inc. with the federal Minister of Innovation, Science and Industry Francois-Philippe Champagne, and local MP Karina Gould.
The money will support Westinghouse’s $57M project so its next-generation small modular reactor (SMR), the eVinci micro-reactor, can be successfully licensed in Canada.
“As our government moves swiftly with our green economic recovery, we are laying the foundation for a better and more prosperous climate-oriented future,” said Champagne
“Westinghouse’s innovative technology will help deliver cleaner energy sources across Canada, especially in remote communities. This investment will play a critical role in fighting climate change, building on Canada’s global leadership in SMRs and securing jobs in Ontario’s energy sector.”
According to the ministry, Canada is a leader in nuclear energy and nuclear safety and has one of the world’s most promising domestic markets for the safe and responsible development of SMR technology. SMRs have the potential to provide strong economic benefits to the Canadian economy and support Canada’s efforts to achieve net-zero greenhouse gas emissions by 2050.
“Today’s announcement at Westinghouse Electric Canada is great news for Burlington,” said Gould. “It is great news for our environment and for our economy.”
The investment supports innovation that will help communities that rely on heavy-polluting diesel fuel to transition to a cleaner source of energy, while creating and maintaining more than 200 well-paying and full-time jobs in Canada’s energy sector.
“Westinghouse is proud to be advancing Canada’s net-zero 2050 goals with our eVinci micro-reactor technology,” said Eddie Saab, president of Westinghouse Canada.
“Our innovative battery technology will bring safe, carbon-free and transportable energy to industries and communities all across Canada.”insauga's Editorial Standards and Policies advertising