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OPG to begin construction on Canada’s first grid-scale small modular reactor in 2025

The first SMR will cost $6.1 billion, along with costs for systems and services common to all four SMRs of $1.6 billion. Costs are expected to decline with each subsequent unit as efficiencies are gained, similar to the Darlington Refurbishment Project.

Barbara Patrocinio
Barbara Patrocinio
OPG to begin construction on Canada’s first grid-scale small modular reactor in 2025

Stephen Lecce, Minister of Energy and Mines of Ontario speaks at a press conference in Toronto on Thursday, April 17, 2025. THE CANADIAN PRESS/Arlyn McAdorey