Agreement Establishes Collaboration Framework for Exploring an AP1000 Project in AlbertaWestinghouse Electric Company and Energy Alberta have signed a memorandum of understanding (MoU) to collaborate in defining the next steps in considering the deployment of an advanced AP1000® modular reactor in Alberta.
Under the agreement, the companies will conduct joint technical and commercial discussions, business development efforts and engagement. The collaboration will build upon Energy Alberta’s engagement with Indigenous Nations and Communities in the province as part of the work underway to build Western Canada’s first nuclear plant in the Peace River area of Alberta with Westinghouse’s industry-leading technology and experience helping new-to-nuclear jurisdictions.
“Collaborating with a trusted, clean technology provider marks a significant step forward in unlocking the full potential of nuclear energy for Alberta and Western Canada,” said Scott Henuset, CEO and President of Energy Alberta. “Energy Alberta is committed to laying the groundwork for a cleaner, more reliable and resilient energy future for Albertans that supports broad-based industrial growth and long-term sustainability. This strategic collaboration is an important step in our process underway to consider the best technology for the Project from a safety and delivery perspective. The Project not only positions Alberta as the Western Canadian leader in nuclear power, but also paves the way for significant economic growth and job creation across the region."
“There’s strong momentum to help Alberta meet its growing energy needs, and the potential for nuclear energy to be the solution is undeniable. The collaboration between Westinghouse and Energy Alberta to explore the deployment of AP1000 technology demonstrates the private sector’s readiness to build a better, brighter energy future for our province,” said Nathan Neudorf, Alberta Minister of Affordability and Utilities. “This initiative proves that now is the best time to engage Albertans on nuclear energy and how to shape the path ahead.”
“Alberta is in an exciting position to be Canada’s next greenfield nuclear province, and Westinghouse is ready now to bring its proven and already operating AP1000® advanced modular reactor to meet Alberta’s nuclear ambitions,” said John Gorman, President of Westinghouse Canada. “We’re also looking forward to working with Alberta’s strong and experienced industrial supply chains to deliver a large-scale ‘made-in-Alberta’ nuclear plant. Not only will this create good paying skilled trade and manufacturing jobs while diversifying the economy, it will provide export opportunities for suppliers that join the Westinghouse supply chain.”
Owned by Canadian energy powerhouses Brookfield and Cameco, Westinghouse is the only nuclear vendor with an advanced, proven and fully operational advanced Generation III+ modular reactor technology that is ready to be deployed in Canada and generate electricity by as early as 2035. A four-unit AP1000 facility in Canada can power at least three million homes while supporting $28.7 billion Canadian dollars in GDP during construction and $8.1 billion in GDP annually in ongoing operations.
