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to offshore nuclear markets through partnerships with local suppliers, power plant designers, nuclear utilities and government agencies.” FOCUSING ON SMRS Called “the next great opportunity for Canada”, Small Modular Reactors (SMRs) represent the next great opportunity for Canada—providing a source of safe, clean, affordable energy, opening opportunities for a resilient, low carbon future and capturing benefits for Canada and Canadians. SMRs are a promising new technology that could unlock a range of benefits: economic, geopolitical, social, and environmental. Canada’s SMR Action Plan brings together essential enabling partners, leveraging their strengths to lock-in these benefits and lead the world on SMRs. “SMRs differ from CANDU both in their size (Small), their construction methodology (Modular) and in some cases their more advanced technology,” says Fehrenbach. “This presents a large list of benefits depending on the technology chosen.” WHAT DOES THIS MEAN FOR CANADA? All of the SMRs under licensing consideration in Canada can be placed into one of three categories. The first group, Stream One, is defined in Canada’s SMR Action Plan as being focused on the deployment of grid-scale reactors to provide energy to consumers. Ontario Power Generation has initiated Canada’s first grid-scale SMR project (~300 megawatt) to be constructed at the Darlington site, followed by the first of up to four subsequent units in Saskatchewan anticipated to be in service OCNI’s President and CEO Bill Walker, OPG’s President and CEO Ken Hartwick, OPG’s Vice President New Nuclear Gary Rose and Ontario Minister of Energy Todd Smith at the groundbreaking for OPG’s BWRX-300 SMR at its Darlington site. 4

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