Capital Power and Ontario Power Generation partner to advance new nuclear in Alberta
EDMONTON, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) and Ontario Power Generation (“OPG”) 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.
- EDMONTON, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) and Ontario Power Generation (“OPG”) 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.
- 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 building North America’s first fleet of SMRs at its Darlington New Nuclear site in Ontario.
- The governments of Alberta, Ontario, Saskatchewan, and New Brunswick jointly released a Strategic Plan in 2022 for the deployment of SMRs.