Razarc Energy Mission Statement

I Company Vision
RaizArc Energy’s company vision, or core ideology is broken up into core values, and a core purpose. A core ideology is an unchanging credo that lasts for the duration of the company’s life (Collins & Porras, 1996). Thus, RaizArc aims to deliver sustainable energy. Therefore, the core values are safety, innovation, sustainability, and reliability. Next, the core purpose defines the reason behind a company’s conception (Collins & Porras, 1996). Consequently, RaizArc’s core purpose is to deliver the sustainable energy through the use of cutting edge nuclear technology.
Subsequently, RaizArc’s mission statement will work in conjunction with their primary three goals. Thus, RaizArc’s mission is to instill people’s confidence in

9). Furthermore, Canada consumed 330 million tonnes of fuel in 2016, with a global energy demand of 2.5% (BP, 2017, p. 9). Subsequently, in 2016, 30% was from oil, 27% from natural gas, 27% from hydroelectric, 7% from nuclear, 6% from coal, and 3% from renewables (BP, 2017, p. 9). However, Alberta does not follow the global trend for energy consumption from similar fuels. To illustrate, in 2016, 44% came from natural gas, 39% from coal, 9% from wind power, 6% from hydroelectric, 3% from biomass fuel, and 1% from oil and diesel (Energy Alberta, 2017). As a result, there is no nuclear energy supply in Alberta, which paves the way for nuclear energy to fill the large gap in sustainable energy supply in

However, mostly due to fear and the lack of knowledge, many are adverse to the use of nuclear power. Nuclear energy comes from two methods, fusion and fission. Fusion brings together tritium and deuterium to create heat energy, helium, and a neutron (Duke Energy, 2013). Nuclear fusion releases more heat energy than fission, however it is more difficult to control, so it is not currently a viable energy process (Duke Energy, 2013). However, the sun is an example of nuclear fusion, in how it produces heat. Conversely, fission occurs when a neutron collides with an isotope like uranium-235 (U-235). Which, creates heat, breaks U-235 down into smaller isotopes, and allows another neutron to collides with another U-235 molecule to start the chain reaction (Duke Energy, 2013). Therefore, fission is what currently fuels nuclear energy, with U-235 being the most common isotope (Duke Energy, 2013). Subsequently, there is a misconception on how nuclear fuel is used to generate electricity. Essentially, uranium is manufactured into control rods, which sit within the reactor. The radioactive decay of the U-235 in the control rods creates an immense amount of heat. Then this heat is used to create steam, where the steam passes through a turbine that is connected to a generator feeding the grid (EIA, 2016). Therefore, the generator actually produces the electricity, and the rotation of the steam turbine just