SMRs, Hydrogen and the Future of Energy
SMRs and hydrogen show great promise to drive an energy transformation that stops the worst effects of climate change...
Bruce Wallace, NII CEO
WHAT DOES THE CENTRE DO?
FUTURE OF ENERGY
GETTING TO NET-ZERO
In the global race to reduce the worst impacts of climate change, more and more countries and businesses are aiming to not just reduce greenhouse gas emissions, but to target “net-zero” emissions by 2050. That means reducing the amount of fossil fuels we burn to as close to zero as possible - then finding ways to remove any remaining gases from the atmosphere.
This ambitious goal requires mustering a common purpose in science and technology, entrepreneurship, capital investment and smart public policy like never before.
To engage on this transformative journey, the Nuclear Innovation Institute (NII) will focus its work on the future of energy in the Centre for Next Generation Nuclear. The Centre builds upon the clean power and economic opportunity offered by the life-extension program at Bruce Power to examine the potential for new energy technologies, such as small modular reactors (SMRs) and hydrogen power as well as cancer-fighting medical isotopes, to lead the way to a healthier future.
“The transition to a net-zero world will be a long journey, but our strength in nuclear energy is a Canadian advantage,” said Bruce Wallace, CEO of the NII. “Seizing that opportunity, finding the solutions right here at home by building upon Canadian talent and technologies, is our best route to a better future.”