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Small nuclear reactors in Canada: at what cost?

Transparency requirements in the U.S. forced NuScale proponents to disclose the projected costs of electricity to potential investors on a regular basis. This is not the case in Canada. none of the Canadian nuclear proponents have laid out the projected costs of electricity production. In New Brunswick, the government has changed legislation to force the electricity utility to purchase power from new nuclear reactors even when… ....

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Failed U.S. Nuclear Project Raises Cost Concerns for Canadian Small Modular Reactor (SMR) Development

“Once you’re on a dead horse, you dismount quickly. That’s where we are here.” “the massively expensive SMR projects in Canada will eventually face the same reckoning" Primary Author: Mitchell Beer, The Energy Mix, November 10, 2023 more https://www.theenergymix.com/2023/11/10/failed-u-s-nuclear-project-raises-cost-concerns-for-canadian-smr-development/ https://www.theenergymix.com/2023/11/10/failed-u-s-nuclear-project-raises-cost-concerns-for-canadian-smr-development/ NuScale and its customer, Utah Associated Municipal Power Systems (UAMPS), announced they were cancelling the project earlier… ....

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