Varcoe: As province studies nuclear energy, companies believe SMRs are the 'right fit' for Alberta
The Alberta government is seeking public feedback on the potential for nuclear energy, with some power companies showing increasing confidence in its prospects. A new report has concluded that small modular reactors (SMRs) are the right fit and technically feasible in the province.
On Monday, the UCP government announced an expert advisory panel to consult with Albertans about the development of nuclear energy in the province. Premier Danielle Smith emphasized the importance of getting feedback from the public on adding nuclear power to the grid.
Private sector companies like Capital Power and Ontario Power Generation have already begun studying the feasibility of developing SMRs in Alberta. The study conducted by these companies identified three potential regions in north-central Alberta as candidates for hosting SMRs.
The report highlighted the economic benefits of building SMRs in Alberta, including job creation and new tax revenues. It also emphasized the need for reliable power generation as Alberta’s power demand is forecasted to double by 2050.
In addition to SMRs, Energy Alberta has proposed a large-scale nuclear power generating station in the Peace River region. The company has requested a temporary pause in the federal regulatory process to allow for more community participation and awareness.
Nuclear power is relatively new to Western Canada and Alberta, and there is a need for public education on the technology. The industry has faced criticism in the past, particularly regarding waste management and capital costs.
Overall, the discussion around new sources of generation is crucial for Alberta’s future as the population grows and the province aims to attract new industries while working towards being net-zero by 2050. The use of nuclear energy may have applications in sectors like the oilsands, but significant work and planning are required before implementation.
As the province navigates the potential for nuclear energy, public engagement and feedback will be essential in shaping the future of Alberta’s energy landscape.
