Feasibility of Small Modular Reactor Development and deployment in Canada

SMRs are the next generation of nuclear energy innovation, with the potential to help address challenges and opportunities related to climate change and economic growth. The 2018 Canadian SMR Roadmap1 concluded that SMRs provide a source of safe, clean, affordable energy, with the ability to contribute towards a resilient, low-carbon future. SMRs can promote key benefits for Canada and Canadians, such as:

• meeting Canada’s climate change commitments;
• unlocking opportunities for job creation and economic growth; and
• sustaining and expanding Canada’s leadership in research and innovation.

This feasibility report was prepared by Ontario Power Generation (OPG), Bruce Power, NB Power and SaskPower for the governments of Ontario, New Brunswick and Saskatchewan. The report provides a feasibility assessment of Small Modular Reactor (SMR) development and deployment and contains the power companies’ business case for SMR implementation in each of the three provinces.

Download the report here