International licensing of the ACR-700

The ACR-700TM is an evolutionary design suitable for deployment to meet generation needs in North America and Asia for in-service in 2012-2013. To reduce the project risk due to licensing, ACR-700 is currently undergoing licensing reviews, in parallel, in both Canada and the US. Successful completion of these reviews will result in a product that is licensable both in the country of origin and in the USA, and therefore comes as close to internationally licensable as practical. Canadian and US regulators are co-operating in their reviews, while respecting the different legal processes and requirements of each. As other countries become interested in ACR-700, this co-operation model can be expanded to facilitate their own review of ACR. (author)