Ottawa is prepared to send up to $74 million in funding to support small modular reactor development in Saskatchewan.
SaskPower has said a decision on whether to build a modular reactor is expected to be made in six years.
Ottawa is prepared to send up to $74 million in funding to support small modular reactor development in Saskatchewan.
SaskPower has said a decision on whether to build a modular reactor is expected to be made in six years.
By the time the “viable” option has a “track record” will be too late. We have to get off fossil fuels far sooner than that. But our Sask party government are the ones who aren’t interested in pushing the timeline.
Politically, it’s better if they just leave it ambiguous.
SaskPower took a pasting for the $1.5B fiasco that was the CCS project at Boundary Dam. It was late, over-budget and so far underperforming, to put it charitably. The Parliamentary Budget Office estimated that it has essentially doubled the cost of electricity generated by Unit 3, the only unit currently running with the CCS system.
It also added about 25MW of parasitic load to what is a small unit (~140MW). At the time of construction (2009-2013), the napkin math suggested that they could have installed somewhere around 300MW (nameplate) of wind for that amount of money, while hugely reducing overhead costs. Costs for wind and solar have both dropped enormously since then.
Senior management, even those friendly with the SaskParty, are pretty reluctant to be on the bleeding edge again. On the plus side, some fairly large wind projects have come online already, bringing them up close to 700MW of wind capacity.