Energy Alberta Seeks Peace River Nuclear
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Energy Albertacalgaryherald
•Business
Business & Economics
Varcoe: Calgary energy firm revives nuclear ambitions, kick-starts approval process for Alberta project
74% Informative
Calgary -based Energy Alberta has submitted an initial project description to the Impact Assessment Agency of Canada for its proposed Peace River Nuclear Power Project .
The company hopes to obtain a licence to build two to four 1,000-megawatt Canadian -designed Candu Monark reactors at the site.
A final decision is expected by late 2025 .
The government is consulting with other provinces and working on the safety and regulation framework surrounding nuclear developments.
Energy Alberta forecasts construction on the project would peak at 5,000 workers, and a twin reactor would create 1,200 to 1,500 jobs.
The industry will have to build supply chains, address the handling of nuclear waste and manage public perceptions.
VR Score
78
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76
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80
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semi-formal
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English
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