CEO, staff depart New Brunswick reactor developer ARC Clean Technology

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Canadian CEO William Labbe’s exit and other reported staff layoffs have raised doubts about the company’s future

ARC Clean Technology Canada, a developer of small modular reactors in New Brunswick, has revealed the sudden departure of its Canadian chief executive, raising questions about its future.

In a statement, ARC spokesperson Sandra Donnelly said the company had nearly completed a phase of a pre-licensing process with the Canadian Nuclear Safety Commission, and was “re-aligning personnel and resources to strengthen our strategic partnerships and rationalize operations to best prepare for the next phase of our deployment.”

ARC set up offices in Saint John several years ago, as part of an initiative to build SMRs at the province’s only nuclear power plant, Point Lepreau Nuclear Generating Station. The plant’s owner, NB Power, has promoted plans for demonstration units of two different reactors built there by 2030. The second reactor would be designed by another startup, Moltex Energy, which would include a nuclear fuel reprocessing plant.

As ARC rationalizes its workforce, some of its better-established competitors are staffing up. U.S.-based GE-Hitachi and Ontario Power Generation are preparing a site at Darlington for potential construction of a BWRX-300 small modular reactor. Westinghouse, which is marketing several reactors including its AP-1000 large reactor and eVinci microreactor, announced a new 13,000-square-foot office in Kitchener, Ont., this month along with plans to hire 100 engineers to staff it by next year.

“We’ve been at this for about seven years,” he told the audience. “And we really have another six, seven years until we get that commercial deployment.”

 

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