The federal Canadian government has allocated US$15.11 million (C$20 million) for investments in mini nuclear power plants as part of efforts to reduce the country’s carbon footprint. The money will be provided to an Ontario-based company, Terrestrial Energy, to develop the modular reactors and bring them to market, CBC reported . “By helping to bring these small reactors to market, we are supporting significant environmental and economic benefits, including generating energy with reduced emissions, highly skilled job creation and Canadian intellectual property development,” Canada’s innovation minister said, as quotes by the news outlet. According to Atomic Energy Canada, the mini reactors, which are small enough that they can be built in one place and then transported and assembled at another, will be useful in three main areas. One of these is as a replacement for coal-powered generation capacity due to be retired. Another use is to supply power to […]