Canada plans up to 10 new nuclear reactors by 2040 in $100B+ energy strategy
By
Nick Murray
Summary
Canada's Energy Minister Tim Hodgson announced plans for a "nuclear renaissance" involving the construction of up to 10 new nuclear reactors by 2040, with at least one located outside Ontario. The federal nuclear strategy could cost over $100 billion and aims to double Canada's electricity grid capacity, while also expanding exports of Canadian-made reactors and uranium to other countries.
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Key quotes
· 3 pulledEnergy and Natural Resources Minister Tim Hodgson said the nuclear strategy was necessary for Canada's ambition to double the capacity of its electricity grid.
The federal government is looking to build up to 10 new nuclear reactors over the next 15 years, with at least one of them outside of Ontario.
New federal nuclear strategy could cost more than $100B, officials say
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