No public money will be used? Yeah, right! #NuclearPower #Canada #Alberta #AtkinsRéalis #SNCLavalin "As Alberta grapples with the climate crisis and the need to reduce carbon emissions, it may look to replace the role of fossil fuels in its electricity grid with another controversial energy source — nuclear. Calgary-based company Energy Alberta, which was involved in a previous attempt to bring nuclear power to the province, has been quietly working on a new proposal since late last year, including meeting with Premier Danielle Smith and other officials. Scott Henuset, president and CEO of Energy Alberta, told CBC News that the project details are still being finalized, but that the company's plan is to build a nuclear power plant with two — and eventually as many as five — Candu reactors in Alberta's Peace Region, about 400 kilometres northwest of Edmonton. A specific site has not yet been chosen, and the company is evaluating multiple locations about 25 kilometres north of the town of Peace River. The reactors would have a lifespan of 60 to 70 years, and the total power plant would be licensed for a maximum output of 4,800 megawatts. (Alberta's largest natural gas-fired power plant, the Genesee Generating Station, can produce about 1,300 megawatts.) Since learning of the project, five local jurisdictions in the region have created a joint committee to advocate for nuclear power. "If it's going to land somewhere in Alberta, our feeling is, why not land in our region where we would benefit from the economic side of it?" said Terry Ungarian, reeve of the County of Northern Lights and chair of the regional energy committee. ... Henuset said the company is still a couple of years away from an accurate cost estimate for the project, which will ultimately determine whether it moves forward. But he said $35 billion for four reactors would be "a decent ballpark figure," and no public money would be required. "We're using private-sector money and we will need government help on securing backstops for financing and agreements, but we don't need government money," Henuset said. No commercial nuclear reactor has ever been built in Canada without public funding. ... No new Candu design has been licensed, sold or built since the early 1990s. In 2011, the federal government sold off its reactor business to AtkinsRéalis, formerly known as SNC-Lavalin, while retaining ownership of the Candu design. Energy Alberta's project hopes to use Monark reactors, a new Candu design still in the design and approval phase. Gary Rose, executive vice-president of nuclear at AtkinsRéalis, has said he hopes the design will progress quickly enough to allow for a construction licence application by mid-2027. Each Monark reactor would produce 1,000 megawatts and have a lifespan of approximately 70 years. The backup choice for Energy Alberta is the Enhanced Candu 6 design, which was completed more than a decade ago but never found a buyer and has never been built. ..."
A fleet of CANDU-6 units in Alberta would be a great way to help decarbonize its baseload grid power generation. However, the transition from natural gas to nuclear will take time, given that many of the current NG plants have another 20 or more years of operating life.
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2moIf Big OIL wants a nuclear plant to make their oil sands products look greener (rather than burning natural gas to make steam to get the oil out of the sands and generate some electricity) then Big OIL should backstop the risks. Why should the public purse take the risk? There isn’t enough people living in the Peace River area to justify the electricity from a nuclear power plant. Thanks for posting Ivan Prock, P.Eng., BEng, MS