Uranium is $128.30/kg
After enrichment, conversion and fabrication that’s $3400/kg for 4.95% fuel.
At 36-45MWd/kg and a net thermal efficiency of 25% or $12.5/MWh up front.
With a 90 month lead time (72 month fuel cycle and 18 months inventory) at 3% this is $16.2/MWh
Again, this is missing the point. Alberta does not care at all to decarbonize and signing this could help them build off grid SMRs down the road in remote areas to power oil and gas machinery. PEI signed it because it may be a one and done solution for them to decarbonize. These are not concrete plans but they are also not signing it without some reason it could benefit them.