Ontario Power Generation has finalized an agreement to construct a large nuclear reactor in Port Hope, Ontario, which is expected to create significant local employment.
Ontario Power Generation (OPG) has signed a deal with the municipality of Port Hope, located east of Toronto, to build a new large nuclear reactor. The development is backed by Ontario's Energy Minister, Stephen Lecce, who emphasized its potential to generate 1,700 jobs locally and over 10,000 jobs across the province. This nuclear project represents a key initiative in Ontario's energy strategy, highlighting a shift back towards nuclear power as a means of addressing energy needs in the province.
The proposed reactor in Port Hope is set to play a pivotal role in creating what is described as the world’s largest nuclear energy station, capable of powering approximately 10 million homes. According to Minister Lecce, submitting the initial project description to the Impact Assessment Agency of Canada marks a significant milestone in the regulatory process necessary for advancing this project. Furthermore, Port Hope Mayor Olena Hankivsky expressed her optimism about the agreement, suggesting it will catalyze long-term economic growth and provide a boost to the local community.
This initiative aligns with Ontario's recent investments in nuclear energy, including a substantial refurbishment of the Darlington nuclear station at a cost of $12.8 billion, ongoing construction of four small modular reactors at the same site, and plans for a new large-scale plant at Bruce Power in Tiverton, Ontario. With this renewed focus on nuclear power, the province aims to ensure a stable and reliable energy supply, while simultaneously fostering job creation and economic development in the region.
