our electricity grid. High carbon producing industry can now consider putting an SMR or micro-SMR on their site to provide clean electricity, heat, steam or other applications. The smallness of SMRs will enable their deployment beyond the ranges of large nuclear plants.” The second feature is Modularity, which means that the reactors are designed to be built and delivered module by module to site and then constructed together. “This approach reduces the cost, time and risks associated with long mega-construction projects,” says Fehrenbach. “The modularity also helps Canadian companies compete globally because the modules are more easily shipped internationally. Finally, as we envision the deployment of many SMRs across Canada the modularity also allows cost efficient replication over time.” CANADA'S SMR ACTION PLAN Canada’s SMR Action Plan is Canada's plan for the development, demonstration and deployment of Moltex Canada’s SSR-W cutaway 56 APR 2023 | BUSINESS ELITE CANADA
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