Saskatchewan Unveils Plan for 2,600 Megawatts of Nuclear Power
Premier Scott Moe announced a nuclear energy strategy to build large-scale reactors and small modular reactors to support industrial growth and energy security by 2050.
The Government of Saskatchewan released a strategic plan titled "Delivering Energy Security Through Nuclear Power," aiming to produce at least 2,600 megawatts of nuclear power by 2050. The initiative focuses on constructing two large-scale nuclear reactors in northwestern Saskatchewan, potentially along the North Saskatchewan River, with the first unit expected to be online by 2042. These reactors are targeted to provide a capacity exceeding 2,000 MW.
In addition to large-scale plants, the province has selected the Rafferty site near Estevan for further study regarding the deployment of small modular reactors (SMRs), with a goal of delivering at least 600 MW. The government intends to finalize technology selection for the large reactors by 2027 and move into detailed siting and development readiness by 2030.
Premier Scott Moe stated the plan will support a rising population and industrial growth in mining and heavy oil, while creating new supply-chain opportunities in regions such as Lloydminster and North Battleford. He also noted the potential for exporting electricity to the United States and neighboring provinces. While a final cost estimate has not been provided, the province is open to private sector financing and Indigenous equity partnerships. SaskPower will lead the evaluation of locations and conduct consultations with local communities and Indigenous peoples.