Point Lepreau

Governments of Canada, Nova Scotia and New Brunswick Show Progress Toward Phasing Out Coal by 2030 and Expanding Their Clean, Reliable and Affordable Electricity Grids

Retrieved on: 
Tuesday, October 17, 2023

Building a clean, reliable and affordable electricity grid is a crucial economic and environmental pursuit.

Key Points: 
  • Building a clean, reliable and affordable electricity grid is a crucial economic and environmental pursuit.
  • "We're working with the Government of Nova Scotia to help create the clean, reliable and affordable energy Nova Scotians need.
  • Today's announcement will help Nova Scotia and New Brunswick achieve their goals of phasing out coal and achieving a clean power grid.
  • Canada is working to phase out coal by 2030, and both Nova Scotia and New Brunswick's climate plans contain this shared commitment.

JOINT POLICY STATEMENT ON DEVELOPING AND TRANSMITTING CLEAN, RELIABLE AND AFFORDABLE POWER IN NOVA SCOTIA AND NEW BRUNSWICK

Retrieved on: 
Tuesday, October 17, 2023

Ensuring access to affordable, reliable, secure, and clean electricity is important both for households, businesses, and institutions across the region.

Key Points: 
  • Ensuring access to affordable, reliable, secure, and clean electricity is important both for households, businesses, and institutions across the region.
  • The economy is also rapidly electrifying as consumers adopt electric heat pumps and purchase electric vehicles and as industry transitions from hydrocarbons to clean power on the path to net-zero.
  • In this context, Nova Scotia and New Brunswick will work with the Federal Government on approaches to funding.
  • The parties agree to collaborate on pathways to achieve an affordable reliable and clean electricity system within this context.

ARC Canada Closes $30 Million Series A Financing

Retrieved on: 
Monday, April 4, 2022

ARC Clean Energy Canada (ARC Canada), an advanced small modular reactor (aSMR) technology provider, announced today the completion of its Series A financing in the amount of $30 million (CAD) from private sector investment and the Province of New Brunswick.

Key Points: 
  • ARC Clean Energy Canada (ARC Canada), an advanced small modular reactor (aSMR) technology provider, announced today the completion of its Series A financing in the amount of $30 million (CAD) from private sector investment and the Province of New Brunswick.
  • ARC Canada will deploy its technology for both electrical and industrial applications to customers including utilities, governments, and corporations.
  • About ARC Clean Energy Canada Inc.
    ARC Clean Energy Canada Inc. (ARC Canada) is a clean energy technology company developing an advanced small modular reactor (SMR) offering inherently safe, reliable, and economical carbon free power that deals with waste for both on-grid and industrial applications.
  • ARC Canada has established its Head Office in Saint John, New Brunswick with a goal of promoting business and economic development within Canada.

Laurentis Opening its New Office in Saint John, New Brunswick

Retrieved on: 
Thursday, November 14, 2019

SAINT JOHN, NB, Nov. 14, 2019 /CNW/ -Laurentis Energy Partners, a subsidiary of Ontario Power Generation (OPG), celebrated the opening of its new office in Saint John, New Brunswick.

Key Points: 
  • SAINT JOHN, NB, Nov. 14, 2019 /CNW/ -Laurentis Energy Partners, a subsidiary of Ontario Power Generation (OPG), celebrated the opening of its new office in Saint John, New Brunswick.
  • "With today's announcement, we are signaling that Laurentis is open for business in New Brunswick," said Dominique Minire, President, Laurentis Energy Partners.
  • With much success in Ontario, Laurentis decided to expand its operations to Saint John, New Brunswick.
  • Laurentis has also done extensive work in New Brunswick for the return to service of New Brunswick Power's Point Lepreau Nuclear Generating Station.