Canadian and European nuclear industries agree on a partnership: Corporate
January 28, 2021
A memorandum of understanding signed by the Canadian Nuclear Association (CNA) and Foratom will strengthen the efforts of associations to advance the development of nuclear energy, its application and its deployment to achieve climate change goals. The MoU will see the two organizations working together to support, among other things, the development and deployment of small modular reactors (SMRs) and advanced reactors.
The MoU signature was shared online by the CNA and Foratom
The MoU, which was signed by CNA CEO John Gorman and Foratom CEO Yves Desbazeille, responds to the need for increased dialogue and exploration of the role nuclear power in effective environmental management, the organizations said.
This includes advocating for a more explicit and meaningful inclusion of nuclear energy in energy and environmental policies, including sustainable finance; support for innovation in nuclear energy, in particular the development and deployment of SMR reactors and advanced reactors; and the implementation of initiatives where the two organizations could work together to promote nuclear as a clean energy source to achieve climate change goals, reduce emissions and improve quality of life.
“Nuclear power is already making an important contribution to the fight against climate change,” said Gorman. “This agreement will ensure that nuclear is part of the clean energy mix to meet the challenge of climate change on both sides of the Atlantic.”
The climate challenge is global, said Desbazeille. “This is why it is important that all regions of the world work together to find solutions. Together, we will be able to send a coordinated message to our policy makers to demonstrate the important role that different nuclear technologies can play.
European Commission DG Energy Deputy Director General Massimo Garribba said the MoU confirms CNA and Foratom “willingness” to help industrial collaboration on the safe use of nuclear energy , especially in the context of decarbonisation priorities, “an issue that the EU is very attached to”.
“We need nuclear power to reach net zero by 2050,” said Natural Resources Minister Seamus O’Regan. “We are working with our international counterparts to safely develop nuclear technologies, such as SMR, and achieve our climate change goals.”
“Knowing how ambitious the EU is to achieve a carbon-free Europe in 2050, it is clear to us that the solution will only be effective if nuclear is part of the equation,” Desbazeille said. “For this, we also believe that it is crucial to have a holistic approach.
Formal nuclear cooperation between Canada and the European Union dates back to 1959, when Canada signed an agreement for cooperation in the peaceful uses of nuclear energy with the European Atomic Energy Community. The new MoU “represents the next chapter in this positive relationship to achieve common goals,” said Gorman.
Research and writing by World Nuclear News