The Meadow Lake Tribal Council has signed a memorandum of understanding with the Saskatchewan Research Council (SRC) to investigate the potential use of nuclear microreactors in northwestern Saskatchewan’s First Nations communities.
The project aims to provide a sustainable and cost-effective alternative to diesel and propane, which are currently used for heating and power in many northern First Nation homes.
Microreactors, a smaller-scale version of nuclear power plants, are considered a net-zero power source as they do not emit greenhouse gases.
“We believe it’s edge-setting technology that’s moving in the right direction,” Meadow Lake Tribal Council vice-chief Richard Derocher told CBC News. “We’re always looking at how to use Mother Earth’s energy in the best way possible with the least impact on her.”
Related: Canada To Expedite Nuclear Projects — Report
The initiative seeks to address the high electricity and heating costs faced by residents, particularly during Saskatchewan’s harsh winters.
SRC president Mike Crabtree anticipates the construction of up to 15 microreactors in northern Saskatchewan within the next decade, describing the project as “transformative.” Last year, the provincial government allocated $80 million to the SRC to support the development of its first microreactor.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.