Thank you for the question. I'm always happy to support parliamentary committees as I can.
Globally, this is an immense build-out time for nuclear, where there's a confluence of energy needs, energy expansion, EVs, data centres and heavy industry decarbonization. These things are all coming together in multiple jurisdictions when you look across the world. Even at the COP summit several years ago, there was a pledge to triple nuclear capacity globally, which would move us from around 400 reactors globally to over 1,000.
Globally, there will be a large amount of construction, predominantly in the existing nuclear countries like France, the U.K., Canada, the United States and those in Asia.
I'm really excited about what the future holds in Canada. I've been a professor in the nuclear industry for a long time, and I've been in several valleys and hills, but now I see an alignment, with the federal government, provincial governments and municipal governments being really on board with nuclear.
While I haven't seen any discussions centred on Hamilton, it has a large industrial base and the requirements for large heat sources in the hundreds of megawatts for steel production and arc furnaces. I can look to examples. In Texas, there's a Dow project to couple a nuclear reactor with a Dow chemical plant. This would be the first time we see the intimate marriage of combined heat and power in an industrial facility. That would be a tremendous example to build upon when we look at what's possible in regions like Hamilton and elsewhere in terms of getting both reliable electricity and the heat required for some of those processes. That's really where nuclear's future lies—the combined heat and power application to support both the grid and industry.