Canada’s Alberta province is investing C$7 million (about $5.2 million) to help Cenovus Energy study how small modular reactors could be used in northern Alberta to decarbonize oil sands production and what additional information might be needed to pursue their regulatory approval.

The governments of four Canadian provinces—Ontario, New Brunswick, Saskatchewan, and Alberta—have published a plan outlining the path forward for the advancement of small modular reactors, which could provide the nation with safe, reliable, and zero-emissions energy and create new export opportunities.

The 60-page document, A Strategic Plan for the Deployment of Small Modular Reactors, builds on an SMR feasibility study conducted under a memorandum of understanding signed in 2019 by the premiers of Ontario, New Brunswick, and Saskatchewan and in 2021 by the premier of Alberta. Prepared by Ontario Power Generation, Bruce Power, New Brunswick Power, and SaskPower, the study concluded that SMR development would support domestic energy needs, curb greenhouse gas emissions, and position Canada as a global leader in clean technologies and the fight against climate change.