Sunday, February 22, 2026

Latest

Saskatchewan Launches Evaluation of Large Nuclear Reactors

Saskatchewan began a formal review of large nuclear reactor technologies, marking the province’s third attempt to bring nuclear power to a region rich in uranium but lacking operational reactors.

The Government of Saskatchewan and utility SaskPower announced the evaluation will run parallel to an existing small modular reactor project near Estevan. Officials said bringing a large reactor online would take at least 15 to 20 years.

“Our Energy Security Strategy sets out a pathway to nuclear power generation from both SMRs and large nuclear reactors, using Saskatchewan uranium,” Minister Responsible for SaskPower Jeremy Harrison said at a January 28 announcement in Saskatoon.

Saskatchewan sits atop some of the world’s largest uranium reserves but has no nuclear power plants. Previous proposals in the early 1990s and 2008 were abandoned over concerns about costs and radioactive waste disposal.

SaskPower will evaluate proven technologies, including Westinghouse’s AP1000, France’s European Pressurized Reactor, and CANDU designs. The utility plans to identify a preferred design later this year, President Rupen Pandya said.

The province joins Ontario, New Brunswick, and Alberta in pursuing nuclear expansion under a 2022 interprovincial strategic plan. Small modular reactors carry estimated costs between three billion and five billion Canadian dollars per unit.

Critics question whether nuclear investments could limit funding for renewable alternatives. Saskatchewan environmental advocate Peter Prebble told CBC the province is taking an irresponsible approach to climate policy by prioritizing nuclear over other options.

SaskPower expects to announce a site for its first small modular reactor in the Estevan area later in 2026. A 2007 consultant report identified the Lake Diefenbaker region near Elbow as suitable for large reactors due to water supply requirements.

Flashback: Estevan Or Elbow Could Be The Site For Saskatchewan’s First-Ever Small Modular Nuclear Reactors, Estimated At $5B Each 

Harrison said the government does not plan to fund every dollar of a large reactor project, pointing to private financing models used in other jurisdictions. He called the initiative an enormous opportunity to add value to Saskatchewan’s uranium from mine to reactor.

The evaluation requires years of regulatory work, site selection, and consultation with Indigenous rights holders and communities before construction could begin.



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.

Leave a Reply

Video Articles

Can the World Actually Supply $6 Copper? | Greg Ferron – PTX Metals

1911 Gold: The Power Of A Mine Restart

Is Gold Repeating the 2005 Setup Before The Big Run? | Geordie Mark

Recommended

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

First Majestic Q4 2025: Record Revenue, Earnings, Annual Silver Output

Related News

Kazatomprom Cuts 2026 Uranium Guidance By 10%

Kazatomprom said its nominal 2026 uranium production will fall about 9%–10% (to 29,697 tU from...

Tuesday, October 7, 2025, 12:17:00 PM

Sweden Wants To Lift Ban On Mining Uranium

The Swedish government has initiated an investigation into the potential lifting of its ban on...

Tuesday, February 27, 2024, 10:32:00 AM

Kazatomprom Guides To Reduced Production: “Another Kazatomprom-sized Source Will Be Needed”

In its 2023 financial report, Kazakhstan-based Kazatomprom, the world’s leading uranium miner, has revised its...

Friday, March 15, 2024, 10:24:42 AM

Spain To Phase Out Nuclear Power By 2035

Spain has officially unveiled plans to shut down all of its nuclear plants by 2035...

Friday, December 29, 2023, 11:34:00 AM

F3 Uranium Hits 57,100 cps In Latest Drilling At Patterson Lake North

F3 Uranium (TSXV: FUU), whom was formerly known as Fission 3.0, started the trading week...

Tuesday, February 21, 2023, 08:24:51 AM