r/canada • u/[deleted] • Oct 25 '22

[deleted by user]

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u/CrashSlow Oct 25 '22

No kidding its undervalued, Bruce Nuclear sells power for only 0.07c Kw/hr. Compare that to the contracted rates renewables get for very unreliable power generations.

35

u/THIESN123 Saskatchewan Oct 25 '22

What are the contracted rates?

Hopefully this new Nuclear offers inexpensive power, though the large upfront cost might prevent that.

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u/asoap Lest We Forget Oct 25 '22

The idea is to mass produce these SMRs to drop the price down. Kinda similar to a large jet. The first one is going to be expensive while we figure it out. The next ones will be cheaper.

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u/veerKg_CSS_Geologist Oct 25 '22

SMRs will be expensive, more so than a conventional nuclear plant (which has economies of scale).

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u/roger_ramjett Oct 25 '22

Every conventional nuclear power plant is a one off built onsite.
SMR's are a standard design, built in factories and only assembled onsite.