An Alberta power company announced today that it will assess the development and deployment of grid-scale small modular reactors (SMR) in the province.
Edmonton-headquartered Capital Power Corporation and Ontario Power Generation (OPG) announced the joint assessment today.
Capital Power and OPG will complete the feasibility assessment within two years, while continuing to work on the next stages of SMR development.
In a news release, Ontario Power Generation stated that it is building North America’s first fleet of SMRs at its Darlington New Nuclear site in Ontario. The construction of the first of four SMRs will be completed by the end of 2028, and the unit will be online by the end of 2029.
“We are excited to partner with and learn from OPG, a world-leader in nuclear power production,” said Avik Dey, President and CEO of Capital Power.” “We are at the forefront of electrification which will drive continual growth in demand for power. The deployment of SMR technology will provide an important source of safe, reliable, flexible, affordable, and clean base load electricity in Alberta in the future.”
Capital Power owns approximately 7,700 megawatts (MW) of power generation capacity at 30 facilities across North America. Projects in advanced development include approximately 213 MW of renewable generation capacity in Alberta and North Carolina, 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and approximately 350 MW of natural gas and battery energy storage systems in Ontario.
