Curated News
By: NewsRamp Editorial Staff
April 30, 2024
CBTU and ARC Clean Technology Sign MOU for Small Modular Reactor Employment
TLDR
- CBTU and ARC partnership will create high-quality, unionized jobs in the nuclear industry, providing a competitive advantage for skilled trades professionals.
- The MOU focuses on developing strategies to promote employment of CBTU members in ARC's small modular reactor projects, with a fleet approach for deployment.
- The partnership aims to prioritize First Nations, the environment, workforce diversity, and health and safety, contributing to a world-class, low-carbon economy and creating economic opportunities for communities.
- ARC Clean Technology is developing the ARC-100, an advanced small modular reactor producing clean energy suitable for a wide range of applications, including heavy industry and utilities.
Impact - Why it Matters
The agreement between CBTU and ARC Clean Technology signifies a strategic partnership to promote the employment of skilled trades workers in the development of advanced small modular reactors, contributing to Canada's transition to a net-zero economy. This collaboration not only supports the growth of clean energy technology, but also ensures the creation of high-quality, unionized jobs, benefiting Canadian skilled trades professionals and communities. The commercialization of small modular reactors is expected to create an estimated 6,000 new jobs and add up to $10 billion to Canada's GDP between 2030 and 2040, demonstrating a significant economic impact.
Summary
Canada's Building Trades Unions (CBTU) and ARC Clean Technology (ARC) have signed a Memorandum of Understanding (MOU) to develop strategies and programs to promote the employment of CBTU members in future construction projects for ARC's fleet of small modular reactors. The MOU was signed at the CBTU 2024 Conference in Gatineau, Quebec. ARC Clean Technology is developing the ARC-100, an advanced small modular reactor producing a minimum of 100 MWe of clean energy suitable for a wide range of electrical and industrial applications. CBTU and its affiliate unions represent over 600,000 skilled trades men and women from coast to coast. They are known across industries as the safest, most-skilled and best trained workforce, with an ability to mobilize quickly and meet demand.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, CBTU and ARC Clean Technology Sign MOU for Small Modular Reactor Employment
