Small modular reactor companies pitch First Nations on partnership opportunities - Action News
Home WebMail Friday, November 22, 2024, 10:24 PM | Calgary | -11.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
New Brunswick

Small modular reactor companies pitch First Nations on partnership opportunities

Two companies working to generate a newer cleaner type of nuclear energy say they're interested in including First Nation communities in N.B. in any economic opportunities to be had.

Moltex Energy and ARC Clean Energy say they want to create jobs, opportunities for First Nations in N.B.

Rory O'Sullivan, CEO of Moltex Energy, says the company wants First Nations communities to benefit from the small modular nuclear technology his company is developing. (Ed Hunter/CBC)

Two companies working to generate a newer, cleaner type of nuclear energy in New Brunswick say they plan to include First Nation communities in economic opportunities to be had.

MoltexEnergy CEO Rory O'Sullivan and Lance Clark, VP of commercialization and strategy with ARC Clean Energy, made their pitches to First Nations chiefs and representatives from across the countryduring the National Climate Gathering of the Assembly of First Nations in Fredericton on Tuesday.

"What we heard in the early stages is that priority one is equityparticipation, so that they can actually prosper from the project and not just be bystanders," said O'Sullivan, following his presentation.

"The second one is jobs and third, their businesses are being used to supply services.

"So that's what we're doing now we're working to figure out how they can be real equity participants and real partners in the project, so that's the first step," he said.

Representatives from small modular reactor companies told First Nations leaders that they want to be partners as they develop the technology to produce a newer, cleaner nuclear energy. (Ed Hunter/CBC)

N.B. Power must stop burning coal in Belledune by 2030 to comply with the federal government's climate change plan, and in order to fill the void thatwill leave in its grid, the utility is now working with ARC and Moltexin the development of nucleartechnology.

Nuclear energy does not emit carbon dioxide that causes climate change, howeverenvironmentalists have flagged safety and long-term waste concerns.

Last year the province handed ARC $20 million, while Moltex received more than $50 million from the federal government.

The previous provincial Liberal government gave each of them $5 million.

ARC's 100 megawatt liquid sodium-cooled fast reactor is expected to be operational by 2029, whileMoltex's 300 megawattStable Salt Reactor-Wasteburner and spent fuel recovery system are expected to be operational by the early 2030s.

Strained relations with province

Pabineau First Nation Chief Terry Richardsonattended the panel presentation and said he's eager to partner with the companies on opportunities for his community, near Bathurst.

A middle-aged man wearing an orange baseball hat.
Pabineau First Nation Chief Terry Richardson says companies like Moltex and ARC should advocate for the province to better consult with First Nations communities on projects. (Ed Hunter/CBC)

"I think it's great," he saidof the technology, adding that, "we have a great relationship with ARCand with Moltex."

However, during a questionperiod, Richardson told the company reps they mustplay a better role in pushing the provincial government to improve its relationship with First Nations.

"You probably know our relationship with this provincial government is not a good one," he said.

"So I think it's important you bring that to the table, and let them understand there's a necessity for them to engage us as a First Nationand come to us because the last thing they want is restless natives, because that's what they're going to achieve and that's what they're going to get," Richardson said.

Attendees earlier heard from Jim Ward, the general manager of the North Shore Micmac District Council, who said consultation with First Nations has to happen, otherwise private sector projectswill end up being challenged in court.

"You don't want to go there. It makes sense to work with us," he said, adding that more than 90 per cent of suchcases areruled in favour of First Nations at the Supreme Court.

Ward said First Nations have developed to the point where they now have strongtechnical and financial capacity, and more and more want to be partners in development projects that traditionally only involved theprovincial or federal governments.

"We need to understand what those projects are, the ramifications they're going to have on our communities and talk to us about what kind of potential, what are the good opportunities that are the result," he said.

"First Nations don't just want to be part of the supply chain, we'd like to have equity in the company and the technology. We want to be at the table when decisions are made."