Who We Are
Global First Power (GFP) is an energy provider specializing in project development, licensing, ownership and operation of small nuclear power plants to supply clean power and heat to remote industrial operations and residential settlements. GFP is a federally-incorporated Canadian company located in Ottawa, Ontario.
It is GFP's goal to finance and own nuclear plants, providing reliable and dispatchable energy (that is, energy available on demand according to market needs) to clients under long-term supply contracts. GFP’s business proposition reduces the clients’ project and financial risks by eliminating the clients’ capital requirements to build power plants; reducing the energy cost; reducing greenhouse gas emissions; and eliminating future energy cost variability.
For several years, GFP has worked in collaboration with Ultra Safe Nuclear Corporation™ (USNC) and Ontario Power Generation (OPG) to prepare for and initiate the Micro Modular Reactor(MMR™ ) Project at Chalk River. On June 3, 2020, the three companies announced they had formed a joint venture partnership which will build, own and operate the proposed micro reactor at Canadian Nuclear Laboratories’ Chalk River site.
GFP is working with Ultra Safe Nuclear Corporation™ (USNC), a company committed to bringing safe, reliable, and secure nuclear energy to world markets. Based on Seattle, Washington, they supply the commercial, world-class Micro Modular Reactor™ (MMR™) technology with the patented Fully Ceramic Micro-encapsulated™ (FCM™) fuel anticipated to be used for the Chalk River project. Learn more about USNC.
GFP is also in collaboration with Ontario Power Generation (OPG) – a company with 50 years of excellence in the nuclear industry. OPG is one of the most diverse electricity generators in North America. OPG produces about half of the electricity Ontarians rely on every day, and its clean, safe, power costs an average of 40% less than other generators in Ontario. Learn more about OPG.