Ontario Considers Record-Breaking Nuclear Facility for Port Hope Region

Ontario will explore building its largest nuclear power station near Port Hope after securing initial support from local authorities and Indigenous communities, Energy Minister Stephen Lecce said on Wednesday.

Ontario Power Generation plans to begin impact assessments this year at the Wesleyville site, targeting construction permits in the 2030s and operations in the 2040s.

The proposed facility would generate 8,000 to 10,000 megawatts of power, exceeding the capacity of any existing nuclear plant in the province.

“We have a demand forecast of 75% more power in the province, four-and-a-half cities (the size) of Toronto,” Lecce told a news conference, adding the expansion “will reduce emissions and massively grow our economy.”

The announcement advances Lecce’s November directive for OPG to evaluate three potential power generation sites. While Port Hope moves forward, discussions continue for possible developments at Nanticoke in Haldimand County and Lambton in St. Clair.

The Wesleyville location carries historical significance, having originally been designated for an oil-fired power station in the late 1970s before economic pressures halted construction.

Port Hope municipality and the Williams Treaties First Nations have expressed willingness to continue discussions about the nuclear project, marking the first positive response to OPG’s community engagement efforts.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

The Court Ruling And What Emerita Still Has In Play | David Gower – Emerita Resources

Related News

Taxpayers Lend $500M to Struggling Algoma Steel, Get Nothing in Return

Algoma Steel (Nasdaq: ASTL) announced Monday it had secured $400 million from Ottawa and $100...

Tuesday, September 30, 2025, 03:40:00 PM

Ontario Wants to Delay Shutdown of Aging Nuclear Power Plant Due to Electricity Shortage

The Ontario government wants to extend the life of the Pickering Nuclear Generating Station until...

Thursday, September 29, 2022, 02:39:04 PM

Alberta Commits To January 2027 Nuclear Strategy Deadline In MOU With Ottawa

The Canada–Alberta memorandum of understanding isn’t just about pipelines. The text assigns a concrete nuclear...

Friday, November 28, 2025, 10:18:00 AM

Canada Reviews Chinese EV Tariffs as Farmers Face $1B Losses From Chinese Retaliation

Canada is reviewing its 100% tariff on Chinese electric vehicles as the federal government weighs...

Thursday, September 18, 2025, 08:41:20 AM

Ford May Seek Ontario Vote Over Costs of US Tariff Response

Ontario Premier Doug Ford suggested holding an early election if his government must spend billions...

Wednesday, January 15, 2025, 11:53:00 AM