Ontario Power Generation (OPG) Advances New Nuclear Power Planning at Nanticoke Site, Allocates CAD 500,000 for Local Consultation

Ontario Power Generation (OPG) is planning new energy facilities at the site of the former coal-fired plant in Nanticoke, allocating CAD 500,000 for communication and planning with Haldimand County. The 900-acre site is being evaluated for future power generation possibilities, including small modular reactors (SMRs) or a standard nuclear power plant. This move aligns with Ontario's generational energy plan, aimed at meeting electricity demand projected to grow by 90% by 2050. The Nanticoke Generating Station was once the largest coal-fired power plant in North America, operating from 1972 to 2013 and safely decommissioned in 2019. OPG President and CEO Nicolle Butcher stated that the company understands the...

2026-08-04

CCTE Signs Supply Agreement with BWXT Canada to Advance Commercial Demonstration of ANEEL Fuel

U.S. nuclear fuel company Clean Core Thorium Energy (CCTE) announced on August 3 that it has signed a fuel manufacturing supply agreement with BWXT Canada Ltd. to further refine manufacturing conditions for the commercial demonstration of its ANEEL nuclear fuel platform. Under the agreement, BWXT Canada will provide qualified fuel assembly hardware for integration with ANEEL fuel pellets, and assemble them into complete, reactor-representative full-scale demonstration fuel assemblies at the Chalk River Laboratories under Canadian Nuclear Laboratories (CNL). CCTE is responsible for providing ANEEL fuel...

2026-08-04

Canadian nuclear fuel supplier Cameco announces Westinghouse Electric IPO plan

Canadian nuclear fuel supplier Cameco Corporation has announced that its joint venture, Westinghouse Electric Company, has confidentially submitted a preliminary registration statement for a proposed initial public offering. The IPO aims to further advance Westinghouse's business development in the nuclear power sector and bring new sources of funding to the company. Currently, Cameco holds a 49% stake in Westinghouse, with Brookfield Renewable Partners owning the remaining 51%. Westinghouse is one of the world's largest nuclear services companies and the supplier of the world's first commercial pressurized water reactor (PWR). Its technology platform covers the entire nuclear power value chain, with 41 of the...

2026-08-01

CEO of Atomic Energy of Canada Limited to Step Down After Term Ends in 2027

Atomic Energy of Canada Limited (AECL) announced on July 28 that, after consultation with the Chair of the Board, the company's President and Chief Executive Officer, Fred Dermarkar, has informed the Board that he will not seek reappointment after his term ends on February 7, 2027. AECL stated that Dermarkar believes that as the company enters a new and important phase of development, now is the appropriate time to initiate a leadership transition. He will continue to serve until the end of his term to ensure management continuity while the company advances its key strategic priorities and to support a smooth handover to new leadership. This personnel announcement comes at a time of active development in Canada's nuclear energy industry. Previously, the Canadian government...

2026-07-29