It has plenty of downside as SMRs are still unproven. I'm expecting no government support whatsoever beyond not holding up approvals. I suspect this would be built at Genesee.Great news. Hopefully they garner similar interest as carbon capture and storage with natural gas.
As long as any large government support is on the back end, this is a little downside thing.
Probably tied to the grid as an alternative to the once proposed Genesee 4 and 5 projects. No existing oil sand operation would take the risk on SMR or replace their existing steam plants. Perhaps a greenfield SAGD plant might, but those are unlikely to occur.Is this to be tied to the grid, or lower the carbon footprint of the Oil Sands? I recall discussion about the latter some time ago...
Delivering at a repeatable and predictable cost is unproven.It has plenty of downside as SMRs are still unproven. I'm expecting no government support whatsoever beyond not holding up approvals. I suspect this would be built at Genesee.
OPG should be able learn from SMR deployment at Darlington.
There is a different SMR company that is targeting industrial heat. Much smaller scale than these.Probably tied to the grid as an alternative to the once proposed Genesee 4 and 5 projects. No existing oil sand operation would take the risk on SMR or replace there existing steam plants. Perhaps a greenfield SAGD plant might, but those are unlikely to occur.
Let OPG take most of the risk at Darlington at see what happensDelivering at a repeatable and predictable cost is unproven.
I suspect as things get moving 'Canada' will be building/ordering one to two of these every year. That changes all sorts of supply chain risks. Getting to there from here though, you have 10 years of valley of death.
Bingo.Let OPG take most of the risk at Darlington at see what happens