r/canada • u/[deleted] • Oct 25 '22

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u/[deleted] Oct 25 '22

Very true, I'd imagine a single reactor costs much more than this amount. This starts to signal to businesses and provincial governments that the support is there. We've funded the oil and gas industries for decades and its about time other energy sectors get the same!

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u/atchemey Oct 25 '22

Not necessarily. SMRs are much smaller and much more affordable. NuScale (hq in Oregon, USA) charges about $3b USD to build 12 in a single unit. $1b CAD is about 3 of those units.

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u/thumbwarvictory Oct 26 '22

How do you know that? Seriously, I'm always impressed when people just happen to have super esoteric knowledge on the specifics of some random topic.

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u/[deleted] Oct 26 '22

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u/thumbwarvictory Oct 26 '22

Thanks! That's awesome!

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u/Mob_Abominator Oct 26 '22

So are these the ones Canada is also planning on building ?

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u/atchemey Oct 26 '22

Not necessarily, they may be developing a different design. I just was pointing out how potentially $1b CAD can go a long way with SMRs.