ARC Clean Technology Canada, a leading provider of advanced energy solutions, and Invest Alberta Corporation (IAC), have signed a Memorandum of Understanding (MOU) to jointly pursue activities to support commercialization of ARC’s advanced Small Modular Reactor (aSMR) technology, the ARC-100, in the province of Alberta.
Leveraging proven technology from the 30-year performance of its prototype, the ARC-100’s simple, modular design provides 100 megawatts of electricity that is cost competitive with fossil fuels and provides reliable energy to complement intermittent renewables.
Alberta is Canada’s energy and heavy industry leader, and a natural market for industrial applications of the ARC technology. The flexibility of the ARC-100 for electricity and industrial heat generation, combined with its small land footprint, make the ARC-100 an ideal carbon-free energy solution for a wide range of locations and applications to support emissions reductions strategies for the province.
Under the terms of the MOU, ARC will begin the process to expand its operations in Alberta with the objective of developing a fleet of ARC-100 reactors. With the support of IAC, ARC will begin engagement and partnership activities with industry and stakeholders. ARC will also develop the associated supply chains and manufacturing, operating and support services necessary for the construction and operation of multiple ARC-100 units.
The ARC-100 is a Generation IV sodium-cooled fast reactor capable of producing 100 megawatts of electricity and a capacity factor of 95% reliability.
With a refueling cycle of once every 20 years and 99% fuel utilization, the ARC-100 reduces operational costs and complexity, and fuel waste.
(Source and image: ARC Clean Technology)