Ontario's government has approved Ontario Power Generation to construct Canada's first small modular reactor (SMR) at the Darlington site, capable of generating 300 megawatts of power. Estimated at $7.7 billion, this SMR will be part of a larger $20.9 billion project featuring four reactors to meet increasing electricity demands. Approximately 80% of spending will benefit local Ontario companies, while the Canadian Nuclear Safety Commission is involved in project oversight. The first reactor aims to connect to the grid by 2030, potentially allowing Canadian firms to export this technology internationally.
"Ontario’s Minister of Energy and Mines, Stephen Lecce, announced the approval of Canada’s first small modular reactor, which will significantly bolster the province's electricity supply."
"Ontario Power Generation will spearhead construction of four small modular reactors, with the first projected to finish by 2029, addressing a growing demand for electricity."
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