REGINA - Following a thorough assessment of several Small Modular Reactor (SMR) technologies, SaskPower has selected the GE-Hitachi BWRX-300 for potential deployment in Saskatchewan in the mid-2030s.
“This is an important milestone as Saskatchewan works towards a cleaner, more sustainable future,” said Don Morgan, Minister responsible for SaskPower. “Today’s announcement further acts on the Saskatchewan Growth Plan goal of advancing potential development of zero-emission small modular reactor technology.”
SaskPower’s assessment focused on several key factors including safety, technology readiness, generation size, fuel type and expected cost of electricity.
The selection follows an independent and comprehensive assessment process that also included close collaboration with Ontario Power Generation (OPG) and a review by Calian, an independent engineering firm with extensive experience in Canada’s nuclear industry.
“We are excited that SaskPower has chosen our technology as it looks to SMRs for the generation of carbon-free electricity,” said Jay Wileman, President & CEO, GEH. “We believe the BWRX-300 is an ideal solution for SaskPower and customers that want to make an impact on climate change and energy security in a meaningful timeframe. Decades of design and licensing experience coupled with our proven and existing fuel supply chain position the BWRX-300 as the leading SMR solution.”
“Today marks the beginning of an exciting relationship between SaskPower and GE-Hitachi, a leader in the nuclear energy field that has the potential to benefit SaskPower and Saskatchewan for many decades to come,” said Interim President and CEO at SaskPower, Troy King. “We are committed to reducing our greenhouse gas emissions while providing safe, reliable, and sustainable power for our customers, and GE-Hitachi’s SMR technology could play a powerful role in this future.”