Business · Energy & Commodities · 1 hr ago

Darlington reactor project faces delay and cost overrun

Darlington reactor project faces delay and cost overrun

Ontario Power Generation says the first reactor at Darlington will be delayed and cost more than planned.

The project is in Clarington, Ontario, beside the existing Darlington nuclear station, and includes plans for four small modular reactors.

The first unit is no longer expected to meet its October 2030 in-service target and will exceed its previously estimated cost of $7.7 billion; the size of the overrun has not been disclosed.

The full project budget is $20.9 billion, and construction began in late April with work on the reactor building and supporting infrastructure now under way.

The project is the first small modular reactor to begin construction in a G7 country, making its progress significant for other countries planning similar reactors.

OPG says it is assessing the schedule and costs and working on ways to limit the impact.

The assessment is expected to be completed by mid-2027, when OPG expects to provide a cost and schedule outlook.

1 source

Related

What people are saying

Nicolle ButcherOPG president and chief executive officer
We have identified risks that will impact Unit 1’s schedule and budget
via Globe and Mail
Jonathan AllenGE Vernova Hitachi spokesperson
there are multiple interconnected contributions across engineering, procurement and construction, as well as evolving market conditions, including inflation and geopolitical risks.
via Globe and Mail