MISSISSAUGA, Ont.—Candu Energy Inc. is working with the U.K.’s Nuclear Decommissioning Authority to study the feasibility of building new reactors that will use the spent fuel from country’s existing reactors.
Candu, which was bought by SNC-Lavalin in June, 2011, says the study could open the door to talks with the UK regulator about licensing its newest Enhanced Candu 6 (EC6) reactor.
In a release, the company says the U.K. wants to re-use the plutonium from the spent fuel as mixed oxide fuel (MOX).
The company says its reactors have the ability to run 100 per cent MOX fuel with no loss in electricity production.
The study will result in a report later this year on whether building the reactors in the U.K. is economically feasible.
Earlier this year, the Canadian Nuclear Safety Commission (CNSC) concluded that Candu’s enhanced EC6 reactor complies with its regulatory requirements.
Candu reactors supply about half of Ontario’s electricity and 16 per cent of Canada’s overall electricity requirements. They also supply more than 22,000 megawatts of power at sites around the world.