GTTSi’s Post

Capital Power and Ontario Power Generation have entered into an agreement to jointly assess the development and deployment of grid-scale small modular reactors (SMRs) to provide clean, reliable nuclear energy for Alberta. Through the agreement, the two companies will examine the feasibility of developing SMRs in Alberta, including possible ownership and operating structures. Capital Power and OPG will complete the feasibility assessment within two years, while continuing to work on the next stages of SMR development. #nuclearenergy #cleanenergy #epcprojects

OPG expects nuclear construction on the first North American SMR to begin in 2025. Nuclear power currently supplies over half of Ontario’s electricity and as part of the provincial government’s plan to meet electricity demands in the 2030s and 2040s, investing in new SMRs is crucial. The first reactor is expected to be completed by 2028, with subsequent SMRs coming online between 2034 and 2036. OPG’s President and CEO, Ken Hartwick, commented, “Our fleet approach to both early work and the project as a whole means we can leverage common infrastructure, such as shared roads, utilities, and water intake, which will help to drive down regulatory, construction, and operating costs.” As the demand for sustainable energy increases, there is a growing emphasis on and investment in the nuclear power sector. Denison is committed to supporting the industry through our uranium projects in the Athabasca Basin. For more information read the full article here: https://ow.ly/FGu550RKjFb #NuclearEnergy #OntarioPower #FutureEnergy

#nuclearenergy #energysecurity "The most important and valuable energy commodity in the world today is carbon free electricity that operates predictably and reliably.” “Nuclear produces more energy for the same amount of installed capacity than any other energy technology. It operates more than 90% of the time, in our case, operates 95% of the time. And that's nearly 3 to 4x greater than wind and solar.” “It's impossible not to conclude that if we're going to continue on the energy transition, that reliability is going to become just as important as sustainability.” “Unlike any other technology, nuclear is the only generation resource where we know and control where every gram of fuel

Near death experience? Nuclear energy is actively responding to the mandate for clean, reliable, affordable, safe energy 34/7/365 … “interest is growing in nuclear again as the U.S. faces significant wave of power demand from artificial intelligence data centers, a renaissance of domestic manufacturing and the electrification of the economy. KEY POINTS * NextEra is looking at restarting the Duane Arnold Energy Center in Iowa, CEO John Ketchum said. * The Duane Arnold plant ceased operations in 2020 after 45 years of service. * Demand for nuclear power is growing as the tech sector and utilities scramble for carbon-free energy.” #SustainingEnergyInnovation #Leadership #Innovation #CleanEnergy #Nuclear #NuclearEnergy #Energy #AllEmissionsMatter #AllTheAboveEnergy #NECenergy #EntropicQuantumUncertainty https://lnkd.in/epjtpvbR

The Canadian Nuclear Safety Commission's (CNSC) approval of the first commercial scale small modular reactor (SMR) facility at Ontario Power Generation's (OPG) Darlington nuclear power plant was granted last month. This rapid approval process acknowledged that the GE Hitachi's BWRX-300 SMR design is similar enough to the CANDU-850 reactors currently licensed to OPG at Darlington to allow OPG to use an existing CNSC approval for this expansion project. With construction underway for 4 x 300 MWe (1200 MWe), it remains to be seen how long it will take OPG to commission these first-of-a-kind boiling water reactors (BWR). Note: 1. The BWRX-300 is the 10th model of the GE BWR since 1955. 2. The total installed cost of this first commercial SMR facility will not reflect a complete new build as it will share existing balance of plant infrastructure belonging to the Darlington power plant (e.g., cooling water systems, control room, grid connections). 3. The GE Hitachi design is the first non-CANDU reactor to be built in Canada and the first reactor to operate on enriched uranium (4 to 5% U-235). 4. OPG estimates that the life-time GDP growth for Ontario from this 1,200 MW SMR facility is $13.7 billion or over $11 per Watt. This project represents the 3rd nuclear facility in Canada under development. The other two are: 1. Bruce C's 4,800 MW expansion project (EIA phase - https://lnkd.in/dy9DrVvi). 2. Chalk River nuclear research facilities' micro modular reactor in collaboration with Global First Power (https://lnkd.in/d6H7pDgX). Yes, Canada once again it reasserting itself on the global nuclear technology space! https://lnkd.in/dijpZ6Am #canadianenergy #cdnpoli ##ontariojobs #nuclear #nuclearenergy #nuclearpower #gridmodernization #powergeneration #abpoli #albertaenergy #geopolitics #smr

NUCLEAR POWER PLANTS – One of the most strategically valuable assets in the world today.   A second derivative impact of AI is an insatiable appetite for 24/7 reliable, clean power. Nuclear power.   USA - As of August 1, 2023, 93 nuclear reactors were operating at 54 nuclear power plants in 28 states. (source: US EIA)   Key takeaways from Constellation Energy’s (largest producer of nuclear power in the US) recent earnings call include:   AI/data centre growth, onshoring, electrification of transport, and zero emissions targets are going to accelerate demand growth for power. “U.S. electricity demand is forecast to grow twice as fast through 2030 as it has over the last decade.” Data Centre share of total U.S. electricity demand was circa 2.5% in 2022 and is estimated to grow to greater than 6% by 2030. "The most important and valuable energy commodity in the world today is carbon free electricity that operates predictably and reliably.” “Nuclear produces more energy for the same amount of installed capacity than any other energy technology. It operates more than 90% of the time, in our case, operates 95% of the time. And that's nearly 3 to 4x greater than wind and solar.” “It's impossible not to conclude that if we're going to continue on the energy transition, that reliability is going to become just as important as sustainability.” “Unlike any other technology, nuclear is the only generation resource where we know and control where every gram of fuel is, and we have set aside the funds to restore the sites to greenfield condition after eventual plant retirements many decades from now. So, in a nutshell, whether you're talking about sustainability, safety, reliability, waste management or long-lived durability, nuclear offers benefits at levels that no other resource can.” Source: Constellation Energy. #nuclearenergy #nuclearpower #electricity #constellationenergy #talenenergy #dukeenergy #ai #datacenters #onshoring #electrification

⚡ Wyoming is set to transform the energy landscape with TerraPower, a cutting-edge #NuclearPower plant backed by #BillGates. We have been talking about #Energy for a while and this massive project is expected to be operational by the 2030s, this advanced reactor marks a significant step toward clean, reliable, carbon-free electricity. 🌱⚙️ However, #NuclearPower still sparks concern among many people. Questions about safety, long-term waste storage, and potential risks remain on the table. But with this approach, new technologies are addressing these issues, making nuclear energy safer and more sustainable than ever before. This shift is particularly relevant for industries like our beloved #DataCenters, which demand ENORMOUS amounts of power to run 24/7. As data centers continue to expand, the need for reliable, eco-friendly energy sources becomes critical. Nuclear energy offers a solution—providing a stable, consistent power supply without the environmental impact of fossil fuels. Could nuclear power be the key to meeting the growing energy demands of the digital age while protecting the planet? 🌎💡 Soben #NuclearEnergy #DataCenters #Wyoming #CarbonFree #CostManagement #ProjectManagement #Soben

Edmonton’s Capital Power and Ontario Power Generation are joining together to assess the feasibility of developing small modular nuclear reactors to help power Alberta’s electricity grid. A conversation we need to have in British Columbia #bc. We cannot meet the demands of the next generation power needs on the current path that we are on as a province, and wind and solar wont cut it for baseload demand. #nuclearpower is now clean and useful as well as #naturalgas generation We are still living of the legacy from the vision of a government decades ago for hydro power but we need #leadership for the next 50 years. Who will take on the challenge? This is critical #energy #powergeneration #greenenergy #future BC Hydro https://lnkd.in/gEU3YDtA

“Candu Energy, part of SNC-Lavalin Group, has entered an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project, including the deployment of North America’s first commissioned grid-scale small modular reactor (SMR), the GEH BWRX-300, before the end of the decade.” The credible question of SMR’s as the magical fix for the data center industry’s pressure on electrical grids not only in Virginia, but world wide, caused quite a reaction. I wonder how many people understand the power crisis is here, now. The transmission infrastructure rush to bring power to data centers, is slicing and dicing through communities now……..impacting homes, private property, small businesses, environmental and historical resources and is predicted to double electricity bills in Virginia. So my recommendation is to get educated on the current rush to meet the load demand of one industry. Has anyone considered the reality that there is NO way monopoly utilities are going to invest billions in new transmission infrastructure and generation to then allow even the most amazing SMR technology to remove their best customers from the grid. There is an AI “gold rush” happening NOW, so waiting until the end of this decade for power is not a reasonable expectation.