In a significant move towards a sustainable energy future, the government of Ontario has partnered with Nova Scotia to promote the development of small modular reactors (SMRs). This collaboration was formalized during a signing ceremony in Halifax, attended by Ontario”s Minister of Energy and Mines, Stephen Lecce, and Nova Scotia”s Premier and Minister of Energy, Tim Houston.
The agreement leverages Ontario”s leading position in SMR technology to support Nova Scotia”s shift towards cleaner energy solutions while strengthening Canada”s reputation in nuclear innovation. “The world is watching Ontario as we lead the largest expansion of nuclear energy on the continent and build the G7″s first small modular reactor,” Lecce stated. He emphasized that this partnership not only promotes technological advancement but also aims to generate well-paying jobs across the nation.
Each SMR is designed to generate up to 300 megawatts (MW) of clean electricity, sufficient to power approximately 300,000 homes. The initiative is expected to create around 18,000 construction jobs in Ontario, contributing an estimated $500 million annually to the provincial economy. In light of global economic uncertainties, Lecce highlighted the importance of interprovincial collaboration in fostering job creation and enhancing economic resilience.
Nova Scotia”s participation is seen as a critical development for the province”s energy strategy, allowing it to gain insights from Ontario”s advancements in nuclear technology. Premier Houston remarked, “Nova Scotia is open to exploring the full range of clean energy options that can help meet our province”s future energy needs, build grid resilience and protect ratepayers.” He noted the opportunity to learn from Ontario”s experiences in deploying nuclear technology.
The initiative aligns with Ontario”s comprehensive energy plan, “Energy for Generations,” which aims to ensure a reliable and affordable power supply to foster economic growth and support new housing developments. The Ontario government”s strategic investments in energy infrastructure are also creating a stable environment for Indigenous communities, municipalities, and businesses to confidently invest in the province”s energy future.
This partnership not only addresses immediate energy demands but also seeks to safeguard jobs, support the workforce, and drive long-term economic growth in both provinces.
