Global Infrastructure SherpaDarlington New Nuclear Project SMR Development
Ontario Power Generation is developing four small modular reactors at the Darlington Nuclear Generating Station. The project is supported by the federal and provincial governments with a total cost of $20.9 billion.
Source Intelligence
The federal government has promised $2 billion toward the Darlington small modular reactors. The province is putting forward $1 billion through its Building Ontario Fund. Both governments say these investments will create 18,000 jobs during construction and 3,700 jobs during operation. They also predict the project will contribute $38.5 billion to Canada’s gross domestic product through its construction and continued operation over 65 years. Quote: The federal government has promised $2 billion toward the Darlington small modular reactors — technology it has also been promoting to make Canada an “energy superpower.”; The federal government’s arm’s-length investment vehicle, the Canada Growth Fund, has given the first leg of the project $2 billion , while the province is putting forward $1 billion through its Building Ontario Fund.; Both governments say these investments will be worth it because Ontario’s small modular reactors will create 18,000 jobs during construction and 3,700 jobs during operation. They also predict the project will contribute $38.5 billion to Canada’s gross domestic product through its construction and continued operation over 65 years.
"The project is under construction at the Darlington Nuclear Generating Station in Bowmanville, Ont., just over an hour’s drive east of Toronto, and led by the Crown corporation Ontario Power Generation."
"Ontario Power Generation is confident in their plan to build a first-of-its-kind reactor at Darlington, with contractor GE Vernova Hitachi — the small modular reactor is a scaled-down version of an existing nuclear reactor model"
"The federal government’s arm’s-length investment vehicle, the Canada Growth Fund, has given the first leg of the project $2 billion"
"Ontario Power Generation has also signed a deal with French company Orano to garner enriched uranium."
"Nuclear Waste Management Organization, a non-profit established by Ontario Power Generation, New Brunswick Power Corporation and Hydro-Québec"
"Nuclear Waste Management Organization, a non-profit established by Ontario Power Generation, New Brunswick Power Corporation and Hydro-Québec"