A Second Nuclear Plant by New Brunswick

A Second Nuclear Plant by New Brunswick

Under an agreement signed with French nuclear giant Areva, the New Brunswick is ogling at the prospect of building a second nuclear reactor.

Areva plans to carry out a study to determine the probability of creating a light water reactor, the foremost of its kind in Canada.

Awaiting the upshot of the study, Areva would be in charge of supervising the design, constructing and financing of the reactor.

NB Power, the province's public utility Company, would control the unit and offer any technical and authoritarian support essential during the licensing course.

8,000 construction jobs and close to 500 permanent positions will be generated, if the plant and a proposed renewable energy park ensue.

Premier Shawn Graham said that he was keen to discover if the manufacture of another nuclear plant would promote his province as it has been to pose itself as an energy hub in Atlantic Canada.

"The New Brunswick government is committed to increasing its reliance on electricity from clean and renewable sources. A clean energy park would also provide opportunities for our manufacturing sector in the development and construction of these technologies”, he added.

Last year, in an attempt to alleviate the province of the debt-laden utility, Liberal premier had announced an unsure agreement to sell NB Power to Hydro-Quebec. This deal had, however, collapsed following a ferocious public uproar.

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