“Ontario officials have given final approval to construct a GE Vernova Hitachi Nuclear Energy small modular reactor (SMR) that the company predicts will be the first SMR operating in the ‘Western world.’

Early site preparation is complete and construction will start soon, GE Vernova said. The reactor is expected to be online by 2030.

• Four total units are eventually planned for the site. All four units are expected to be operating by 2035.
• The total project cost for all the units would be $20.9 billion Canadian ($15.06 USD), Stephen Lecce, the province’s energy minister, said at a news event. 

State of play: The planned reactors will help meet what provincial officials expect to be a 75% rise in Ontario’s power demand by 2050, Lecce said.”

From Axios.