Ontario has given Ontario Power Generation (OPG) the formal go-ahead to begin the refurbishment of four nuclear power units at the Pickering nuclear station.
The project, for Unts 5, 6, 7 and 8, marks one of Canada’s largest energy infrastructure commitments in decades. The decision clears OPG to advance detailed planning ahead of project execution in early 2027.
The estimated all-in cost of the project has been put at CAD26.8bn (€16.4bn, $19bn). According to the Conference Board of Canada modelling, the project is projected to add CAD38.2bn to Ontario’s GDP and CAD41.6bn nationally over its lifespan.
Want to keep reading?
Register free and get full access to NucNet for 14 days. No card required.
- Daily news briefing on the global nuclear industry
- Weekly, monthly and topical newsletters
- 24/7 coverage during nuclear incidents and safety events
- Full searchable archive, 30,000+ articles since 1991
- SMR and AMR project database
- Analysis, Focus pieces and infographics
- NucNet Style Guide for nuclear reporters and communicators
After the trial, keep a free account for a newsletter and a complimentary Plus article every two weeks. Or see our subscription plans for individuals and organisations.
See subscription options
