“We recognize the potential value and benefits of SMRs to augment Canada’s energy supply mix which will be a significant contributor in the climate change solution,” said Jeff Lyash, President and CEO of OPG.
OPG, along with other Canadian power companies, government representatives and industry organizations urged the federal government to provide funding for the development of prototype reactors in a recently released Canadian roadmap study for SMR deployment. The report found Canada is uniquely positioned to lead the world in SMR development given its long history in nuclear power.
In an effort to bring SMRs to Canada, OPG is collaborating with NuScale Power, which has designed a ground-breaking SMR pressurized-water reactor capable of generating 60 MW of electricity. The Portland, Oregon-based company’s SMR is factory-made and offers scalable power based on need.
In November, OPG and NuScale signed a Memorandum of Understanding that will support the expansion of NuScale’s SMR design to the Canadian market. As part of the agreement, OPG will lend its 50-plus years of safe nuclear experience as NuScale’s design goes through a review process by the Canadian Nuclear Safety Commission to ensure it meets all regulatory requirements.
“We are extremely fortunate to have OPG’s valuable nuclear regulatory and utility expertise,” said John Hopkins, NuScale Chairman and Chief Executive Officer.
OPG has also signed Memorandums of Understanding with Bruce Power and Ontario’s Global First Power, which formalize how the companies can work together to pursue potential SMR opportunities in Canada.
- SMRs are much smaller than a traditional reactor
- They generate heat and power through nuclear fission
- They are factory constructed and delivered to site
- There are currently more than 150 proposed SMR designs world wide