The government of New Brunswick, Canada, has accepted a proposal to conduct a feasibility study for construction of an ACR-1000 at Point Lepreau nuclear site.
The study will be funded by Team Candu New Brunswick, which comprises AECL, Babcock & Wilcox Canada, GE-Hitachi Nuclear Energy Canada, Hitachi Canada and SNC-Lavalin Nuclear. The study will examine the business case for private sector investment; identify prospective markets for this new source of power; and indicate the potential environmental and socio-economic impacts of this project. It is expected to cost about $2.5 million and take up to six months to complete.
The ACR-1000 would have a projected output of 1085MWe and an operating lifetime of 60 years.
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