Ontario is leveraging the expertise of Ontario Power Generation (OPG) and its subsidiary Laurentis Energy Partners to support a new collaboration agreement with SaskPower to develop Small Modular Reactors (SMRs) in Saskatchewan.
Laurentis Energy Partners and SaskPower have entered into a five-year Master Services Agreement which will support SMR deployment in Saskatchewan. Under this agreement, which will serve as a foundation for a long-term strategic partnership, Laurentis Energy Partners will leverage Ontario’s nuclear knowledge and expertise to support SaskPower’s nuclear program management, project licencing and operational readiness.
Earlier this year, SaskPower and OPG also renewed an agreement to continue working together on new nuclear development, including SMRs, in both Saskatchewan and Ontario. Under the agreement, the utilities will provide mutual support by sharing lessons learned, technical resources and expertise, best practices, and operating experience.
This work builds on Ontario, Saskatchewan, New Brunswick and Alberta’s Strategic Plan for the Deployment of Small Modular Reactors, released in March 2022, that highlighted how SMRs could provide safe and reliable power to meet communities’ growing needs, create good-paying jobs and help provinces meet their environmental goals.
Courtesy of Ontario Energy.