trending Market Intelligence /marketintelligence/en/news-insights/trending/-BMfPI0EtdXrYZLx5JtRIA2 content esgSubNav
In This List

NB Power attends public hearing for nuke license renewal

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


NB Power attends public hearing for nuke license renewal

NB Power, which is owned by the Canadian government, participated in the first part of a public hearing set for renewal of power reactor operating license for the 660-MW Point Lepreau nuclear power plant.

The two-part hearing involves presentation on information submitted to the Canadian Nuclear Safety Commission. NB Power gave a presentation on Jan. 26, said the press statement.

NB Power applied for a five-year license in June 2016. The current license expires in June this year.

The license renewal process comes at a time when New Brunswick select committee on climate change has suggested complete phase out of approximately 1,964-MW of fossil-fuel generation capacity by 2030. Point Lepreau's emission-free clean energy fits the bill.

The second part of the hearing is scheduled for May 10-11.