Canada has approved up to CAD74m (€50m, $54m) in federal funding for small modular reactor development in Saskatchewan with potential deployment of a first plant in the mid-2030s and more units to follow.
The funding will support pre-engineering work and technical studies, environmental assessments, regulatory studies and community engagement to help advance the project, led by state utility SaskPower
SaskPower has already chosen the GE-Hitachi BWRX-300 SMR for potential deployment in Saskatchewan, subject to a decision to build that is expected in 2029.