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    • Small modular reactor

    Business

    Amazon and Ken Griffin Invest $500 Million in Next-Gen Nuclear Energy

    Amazon and billionaire Ken Griffin are investing $500 million in small modular reactors (SMRs) to advance nuclear energy technology. This partnership with X-Energy aims to revolutionize the nuclear sector by providing efficient, low-carbon energy solutions, addressing climate change, and supporting global sustainability goals.

    Posted on Jhon
    Business

    Canada’s Shift Towards Small Modular Nuclear Reactors

    Canada is embracing small modular nuclear reactors (SMRs) as a key solution for achieving a net-zero future. A report by the RBC Climate Action Institute outlines the need for Canada to invest in 85 SMRs, costing between $102 billion to $226 billion, to reach its emissions targets by 2050. With provinces like Ontario and Alberta actively exploring SMR integration, Canada has the opportunity to lead the global market in this innovative technology, driving economic growth and energy security. Industry experts emphasize the crucial role of SMRs in shaping a sustainable, low-emission future, highlighting the potential for nuclear power to significantly reduce emissions and enhance energy sustainability.

    Posted on Jhon