Canada has been a global leader in nuclear energy research, technology and development for 65 years. We want to utilize our country’s proven nuclear technology and natural resources to supply steady, sustainable and affordable electricity for the province.
Energy Alberta is proposing to build a world-class nuclear power generating station in the Peace River area of Northern Alberta that would include two to four 1,000MW-class CANDU® MONARK™ reactors. The facility would produce up to 4800MW of electricity to the grid, representing up to 30% of the province’s existing electricity generation.
The federal government has pledged to triple Canada’s nuclear capacity to help meet its target of net-zero emissions by 2050. This shift toward nuclear energy stems from the fact that nuclear power is the only readily scalable, zero-emission energy source capable of delivering reliable and affordable electricity around the clock.
Energy Alberta is ready to answer this call. In an increasingly volatile global energy market, nuclear power offers a zero-emission path to energy independence. CANDU® reactors use natural uranium mined and processed in Canada providing lower costs and a stable, secure energy supply which is essential for the growth and development of communities.
- Scott Henuset, President and CEO of Energy Alberta
Canada’s nuclear industry is an economic engine, offering high-paying jobs to skilled workers, and significant revenue for provincial and federal governments.
89,000 people
employed.
$22 billion in annual
GDP contribution.
15% of Canada’s
electricity.
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80 million tonnes of CO2 emissions per year are avoided.
Nuclear Energy runs 24/7,
365 days a year.
Canada is the second
largest uranium producer
in the world.
Energy Alberta is currently in the early engagement phase of the process. This includes introducing the Project to those who have an interest in our proposal and developing a detailed Project overview.
Energy Alberta has assembled a team with extensive nuclear experience and initiated the planning required to advance a nuclear generation project in Canada, including early consultations with government, community leaders and Indigenous groups.
Energy Alberta plans to submit an Initial Project Description in 2025 that will initiate a federal Impact Assessment (IA) for the Peace River Nuclear Power Project. The IA process, led by the Impact Assessment Agency of Canada (IAAC) and the Canadian Nuclear Safety Commission (CNSC), will evaluate the potential effects of the project on the environment, health, society and economy. It will also assess the impact on Indigenous peoples and their rights.
An IA is a phased planning process spanning over multiple years, involving extensive community and public engagement, as well as comprehensive environmental and socioeconomic studies. Upon completion of the IA process, the federal government determines whether the project is in the public interest and grants approval for it to proceed.
Open, extensive and thorough engagement is a vital component to the success of our Project. We are building and sustaining meaningful relationships based on mutual respect and trust with local communities and Indigenous Nations and others who have an interest in our Project.
Canada’s nuclear technology has been operating safely for close to 65 years. The industry is one of the most regulated in the world and its facilities are the most protected critical infrastructure in Canada.
Canadian nuclear generating stations utilize CANDU® reactors – heavy water reactors developed by Canadian scientists and engineers. CANDU® stands for Canada deuterium uranium, reflecting its use of deuterium oxide (heavy water) as a moderator and coolant and uses natural (not enriched) uranium as a fuel. Canada is also one of the largest producers of uranium in the world.
CANDU® reactors have accumulated more than 900 years of safe operating experience across seven countries around the world.
There are 19 operating CANDU® reactors in Canada – 18 in Ontario and one in New Brunswick.
Canada has exported CANDU® technology around the world with 30 reactors in operation globally. As well, India operates 16 reactors that are based on the CANDU® design.
Our news and updates section is your go-to source for the latest happenings, announcements and stories about Energy Alberta. Explore how we’re working to transform energy production in the province.
Energy Alberta was proud to participate in the SMR Canada Summit 2025, contributing to a panel discussion on the Peace River Nuclear Power Project.
In March, Energy Alberta had the opportunity to meet with the Peace River business community to share information about the Peace RiverNuclear Power Project and hear directly from local business leaders.
On March 11th, Energy Alberta hosted an open house in the County of Northern Lights to present early details of the Peace River Nuclear Power Project and gather valuable feedback from the community.
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