Small modular reactors are particularly relevant to Canada's challenge around decarbonizing our economy.
Mr. Albas, it's true that we have a challenge ahead of us in terms of doubling or tripling the amount of electricity generation that we need in this country, so we can fuel-switch away from fossil fuels and support electric vehicles, etc.
Canada's challenge has a lot to do with how we are going to decarbonize our heavy industry; the way we create cement, steel, fertilizer. It will affect our mining operations, and the way we extract and process oil and gas. Small modular reactors are very scalable, high temperature, clean-heat machines. They can be scaled, and used in those settings to use the high temperature heat to create electricity and heat, and produce hydrogen, all at the same time, and help us decarbonize our heavy industry.
The support that the federal government has been giving toward new, small modular reactors is being used to make Canada a leader on this front. The coordinated plan that we have to continue on that pathway is going to serve Canada well, and help nations around the world with new nuclear to decarbonize.