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Contribution: Contributions in support of Electricity Pre-development Projects Program

NEW BRUNSWICK POWER CORPORATION

$25,000,000.00

NEW BRUNSWICK SMALL MODULAR REACTOR (SMR) PROJECT: ADVANCING CLEAN ENERGY AND ECONOMIC GROWTH

EF 2024-25 · 2024-10-23

Résumé
The objective of this Project is to advance predevelopment work toward expanding the nuclear capacity at an existing nuclear generation station in New Brunswick.
Programme
Contributions in support of Electricity Pre-development Projects Program
Emplacement
FREDERICTON | FREDERICTON, New Brunswick, Canada
Type de bénéficiaire
Government
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Tel que publié

Additional Information
Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Agreement End Date
2029-03-31
Agreement Number
EPP-011
Agreement Start Date
2024-10-23
Agreement Title
NEW BRUNSWICK SMALL MODULAR REACTOR (SMR) PROJECT: ADVANCING CLEAN ENERGY AND ECONOMIC GROWTH
Agreement Title (French)
PROJET DE PETIT RÉACTEUR MODULAIRE (PRM) DU NOUVEAU-BRUNSWICK : PROMOTION DE L’ÉNERGIE PROPRE ET DE LA CROISSANCE ÉCONOMIQUE
Agreement Type
Contribution
Agreement Value
$25,000,000.00
Amendment Number
0
Description
The objective of this Project is to advance predevelopment work toward expanding the nuclear capacity at an existing nuclear generation station in New Brunswick.
Description (French)
L'objectif de ce projet est de faire progresser les travaux de pré-développement en vue d'accroître la capacité nucléaire d'une centrale nucléaire existante au Nouveau-Brunswick.
Expected Results
The expected results are the advancement of predevelopment materials/reports satisfying provincial regulatory requirements, electricity infrastructure projects seeking approval and community engagements and environmental reviews completed to satisfy provincial regulatory requirements.
Expected Results (French)
Les résultats attendus sont l'avancement des matériaux/rapports de pré-développement satisfaisant aux exigences réglementaires provinciales, les projets d'infrastructure électrique en cours d'approbation, les engagements communautaires et les examens environnementaux réalisés pour satisfaire aux exigences réglementaires provinciales.
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
Program Name
Contributions in support of Electricity Pre-development Projects Program
Program Name (French)
Contributions en soutien au Programme de prédéveloppement en matière d'électricité
Program Purpose
This program is intended to support predevelopment activities associated with nationally and regionally significant, large-scale non-emitting clean electricity infrastructure projects (generation projects, transmission, and grid infrastructure) with significant predevelopment requirements to advance the projects.
Program Purpose (French)
Ce programme vise à soutenir les activités de prédéveloppement associées à des projets d'infrastructure d'électricité propre non émettrice à grande échelle, d'importance nationale et régionale (projets de production, infrastructure de transport et de réseau), avec des exigences de prédéveloppement importantes pour faire avancer les projets.
Recipient Business Number
11924 692
Recipient City
FREDERICTON | FREDERICTON
Recipient Country
CA
Recipient Legal Name
NEW BRUNSWICK POWER CORPORATION
Recipient Operating Name
NEW BRUNSWICK POWER CORPORATION
Recipient Postal Code
E3B 4X1
Recipient Province or Territory
NB
Recipient Type
O
Reference Number
115-2024-2025-Q3-15818