Alberta exploring nuclear power

Key Takeaways:

• Capital Power Corporation and Ontario Power Generation have signed an agreement to assess the development and deployment of grid-scale small modular reactors (SMRs) in Alberta. 
• Capital Power and OPG will complete the feasibility assessment within two years.
• The governments of Alberta, Ontario, Saskatchewan, and New Brunswick jointly released a Strategic Plan in 2022 for the deployment of SMRs.

The Whole Story:

Nuclear power could be coming to the prairies. 

Capital Power Corporation and Ontario Power Generation have entered into an agreement to jointly assess the development and deployment of grid-scale small modular reactors (SMRs) to provide clean, reliable nuclear energy for Alberta.

Through the agreement, the two companies will examine the feasibility of developing SMRs in Alberta, including possible ownership and operating structures. SMRs are being pursued by jurisdictions in Canada and around the world to power the growing demand for clean electricity and energy security.

Capital Power and OPG will complete the feasibility assessment within two years, while continuing to work on the next stages of SMR development.

OPG is currently building North America’s first fleet of SMRs at its Darlington New Nuclear site in Ontario. The construction of the first of four SMRs is scheduled for completion at the end of 2028, and the unit is expected to be online by the end of 2029. Once assembled from modular pieces, the reactor would be roughly the size of a football field. It could provide power to 5,000 people for 20 years.

The governments of Alberta, Ontario, Saskatchewan, and New Brunswick jointly released a Strategic Plan in 2022 for the deployment of SMRs. The Commitment Agreement announced advances the plan, placing the provinces at the forefront of nuclear innovation, clean energy, and emerging markets for SMRs across Canada and around the world.

This agreement offers Capital Power a tremendous opportunity to elevate the company and Alberta on the world stage and marks a key milestone in its evolution to build a decarbonized power system and create real net-zero power solutions for customers.

“Ontario looks forward to leveraging our world-class nuclear expertise to advance the next generation of SMR technology in other jurisdictions across Canada and around the world,” said Todd Smith, Ontario’s minister of energy. “SMRs will help secure new investments that will create good-paying jobs and safely and reliably power communities to meet their growing needs.”

Record-breaking cold temperatures this month highlighted the province’s need for reliable energy. Energy demand began to outstrip supply, prompting officials to issue an emergency alert broadcast asking Albertans to shut off lights, unplug cars and avoid using appliances.

Elsewhere in Canada, some of its largest and most important nuclear facilities are currently undergoing enormous upgrades while still generating power: 

• Ontario’s Bruce Power, the world’s largest operating nuclear facility is in the midst of a $13- dollar upgrade project. It provides 30% of Ontario’s power. The work will extend the facility’s life by decades.
• Darlington Nuclear Generating Station in Clarington, which supplies 20% of Ontario’s power is also in the midst of a massive $12-billion refurbishment.
• Pickering Nuclear Generating Station is currently asking the federal government to allow it to continue operations and to conduct refurbishments of its own.
• Officials in New Brunswick are currently negotiating a potential partnership with Ontario Power Generation aimed at improving operations at the Point Lepreau Nuclear Generating Station, a plant NB Power has owned and operated for 40 years.