The Government of Canada is investing up to $74 million in small modular reactor development in Saskatchewan, an initiative that will be led by the provincial utility provider SaskPower. Canada’s Minister of Energy and Natural Resources Jonathan Wilkinson announced the federal funding program at the Sylvia Fedoruk Canadian Centre for Nuclear Innovation at the University of Saskatchewan on Saturday. SaskPower has chosen to utilize General Electric Co’s (NYSE: GE) Hitachi BWRX-300 SMR reactor for potential deployment in the province somewhere around the year 2034 with construction beginning as early as 2030. The government says the funding will be used for pre-engineering work, regulatory an
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