Programmes and agreements / prg-ca-kr-us-khnp-arc-nb-power-arc100-fleet
KHNP, ARC Clean Technology and NB Power collaboration on global ARC-100 fleet deployment (2023-2024)
After a November 2023 memorandum, KHNP, ARC Clean Technology and NB Power signed a collaboration agreement in May 2024 aimed at teaming agreements for global ARC-100 fleet deployment, starting with the demonstration unit planned at Point Lepreau, New Brunswick. It sets deliverables for discussions on participation and possible investment, it is not an order.
- Type
- Cooperation agreement or MOU
- Countries concerned
- Canada
- Participants and roles
- Investor: Korea Hydro & Nuclear Power
- Developer or vendor: ARC Clean Technology
- Utility: NB Power
- Designs named
- ARC-100
- Scale as stated
- global fleet deployment, starting with the New Brunswick demonstration unit (unit count not stated)
- Announced or first reported
- Nov 2023
- Status
- Status not established
Collaboration agreement (May 2024) toward teaming agreements and potential KHNP investment, current status not verified in a 2025-2026 source read. - Confidence
- low
- Last checked
- 2026-10-14 (record review date, not proof of current activity)
Related deployment projects
- NB Power ARC-100 at Point Lepreau — Licensing · Canada
Sources
- Partnership for ARC-100 commercialisation (reputable_press, published 2 May 2024, accessed 2026-10-14)