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Ontario's Bold $20.9B Plan to Boost Nuclear Energy

6/22/2025

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Summary

Story summary

Ontario is gearing up for a significant energy transformation, aiming to boost its nuclear capacity to tackle a staggering 75% increase in electricity demand by 2050. With a bold investment of CAD$20.9 billion in Small Modular Reactors (SMRs), the 'Energy for Generations' strategy promises not only enhanced energy security but also a boost to economic growth, with the first SMR set to come online by 2030.

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Story summary

Ontario is gearing up for a significant energy transformation, aiming to boost its nuclear capacity to tackle a staggering 75% increase in electricity demand by 2050. With a bold investment of CAD$20.9 billion in Small Modular Reactors (SMRs), the 'Energy for Generations' strategy promises not only enhanced energy security but also a boost to economic growth, with the first SMR set to come online by 2030.