Four small modular reactors at Darlington to cost $21 billion to build
- Ontario announced in early 2025 it will build four small modular reactors at Darlington Nuclear Generating Station near Bowmanville.
- The decision follows rising electricity demand projected to increase by 75% by 2050 and the government's push for more nuclear capacity.
- The project includes constructing the first BWRX-300 reactor this year, with a total estimated cost of about $21 billion in 2024 dollars.
- The $21 billion estimate covers interest and contingencies, with the first reactor costing $6.1 billion plus $1.6 billion in shared infrastructure.
- Completion is expected by 2030, but the high costs exceed industry targets, reflecting challenges in making SMRs cost-competitive.
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Four small modular reactors at Darlington to cost $21 billion to build
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full ArticleFour small modular reactors at Darlington to cost $21 billion to build – 105.9 The Region
Ontario is set to spend nearly $21 billion to build four small modular reactors east of Toronto. Officials say construction on the first modular reactor at the site of the Darlington Nuclear Generating Station will begin this year and should be completed by 2030. The Canadian Nuclear Safety Commission approved Ontario Power Generation’s plan last month to build the first of four reactors at the site in Bowmanville, Ont. The Independent Electrici…
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