Canadian Minister of Energy and Natural Resources, Tim Hodgson, has unveiled the country’s first national nuclear energy strategy, aimed at revitalizing civilian nuclear development.
The strategy aligns with the national electricity strategy and is composed of four pillars: advancing new nuclear power projects, positioning Canada as a global nuclear supplier and exporter, expanding uranium production and nuclear fuel opportunities, and fostering new innovations in nuclear energy.
On June 22, local time, Tim Hodgson, Canada’s Minister of Energy and Natural Resources, announced the nation’s inaugural national nuclear energy strategy, stating that the plan will revitalize civilian nuclear development in Canada.
Earlier this year, Canadian Prime Minister Carney announced a new national electricity strategy designed to meet the country’s growing electricity demand. Hodgson noted that the new national nuclear energy strategy complements this electricity strategy and will be built on four pillars:
1. Advancing the construction of new nuclear power projects across Canada.
2. Positioning Canada as a globally preferred supplier and exporter of nuclear energy.
3. Expanding uranium production and nuclear fuel opportunities while supporting the development of a world-class long-term nuclear waste management system.
4. Fostering new innovations in Canada’s nuclear energy sector.
Hodgson stated that Canada plans to build 10 new nuclear reactors over the next 15 years, sell Canadian-made reactors to more countries, and double uranium export volumes.
