Capital Power and Ontario Power Generation partner to advance new nuclear in Alberta - Seite 2

“Small Modular Reactors have the potential to play a major role in the province’s search for the right energy mix to supply clean, reliable and affordable electricity to Albertans,” said Hon. Nathan Neudorf, Minister of Affordability and Utilities, Government of Alberta. “This partnership represents an exciting and important step forward in our efforts to decarbonize the grid while maintaining on-demand baseload power.”

“Ontario looks forward to leveraging our world-class nuclear expertise to advance the next generation of SMR technology in other jurisdictions across Canada and around the world,” said Hon. Todd Smith, Ontario’s Minister of Energy. “SMRs will help secure new investments that will create good-paying jobs and safely and reliably power communities to meet their growing needs.”

“Alberta is focused on being a leader in delivering a reliable, affordable and decarbonized energy system so our province can grow, prosper and excite others to do the same. SMRs are a critical component of the clean power generation supply mix and hold promise for the oil sands,” said Hon. Brian Jean, Minister of Energy and Minerals, Government of Alberta. “We look forward to working with Capital Power and OPG in creating the right framework to eventually bring SMRs onto Alberta’s power grid.”

"SMRs are small but powerful, with the potential to help reduce emissions across the economy,” said Hon. Rebecca Schulz, Minister of Environment and Protected Areas, Government of Alberta. “This is an exciting step forward and could help us keep energy reliable and affordable for years to come.”

About Capital Power

Capital Power is a growth-oriented power producer committed to net zero by 2045. Our balanced approach to the energy transition prioritizes reliable, affordable and decarbonized power that communities across North America can depend on.

Capital Power owns approximately 7,700 megawatts (MW) of power generation capacity at 30 facilities across North America. Projects in advanced development include approximately 213 MW of renewable generation capacity in Alberta and North Carolina, 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and approximately 350 MW of natural gas and battery energy storage systems in Ontario.