Grants and Contributions:
Title:
NEW BRUNSWICK SMALL MODULAR REACTOR (SMR) PROJECT: ADVANCING CLEAN ENERGY AND ECONOMIC GROWTH
Agreement Number:
EPP-011
Agreement Value:
$25,000,000.00
Agreement Date:
Oct 23, 2024 - Mar 31, 2029
Description:
The objective of this Project is to advance predevelopment work toward expanding the nuclear capacity at an existing nuclear generation station in New Brunswick.
Organization:
Natural Resources Canada
Expected Results:
The expected results are the advancement of predevelopment materials/reports satisfying provincial regulatory requirements, electricity infrastructure projects seeking approval and community engagements and environmental reviews completed to satisfy provincial regulatory requirements.
Location:
FREDERICTON, New Brunswick, CA E3B 4X1
Reference Number:
115-2024-2025-Q3-15818
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
11924 692
Recipient Type:
Other
Additional Information:
Grant or contribution awarded and spanning more than one fiscal year.
Recipient's Operating Name:
NEW BRUNSWICK POWER CORPORATION
Recipient's Legal Name:
NEW BRUNSWICK POWER CORPORATION
Program:
Contributions in support of Electricity Pre-development Projects Program
Program Purpose:
This program is intended to support predevelopment activities associated with nationally and regionally significant, large-scale non-emitting clean electricity infrastructure projects (generation projects, transmission, and grid infrastructure) with significant predevelopment requirements to advance the projects.