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Ontario’s proposed nuclear plants could cost nearly $300-billion, study finds

Energy Markets & PricesInfrastructure & DefenseRenewable Energy TransitionESG & Climate PolicyFiscal Policy & Budget

A new study says Ontario's plan to build two of the world's largest nuclear power plants could cost between C$221 billion and C$294 billion, more than double the cost of expanding renewable energy supply. The comparison raises cost and capital-allocation concerns around the province's long-term energy strategy. The headline is most relevant to utilities, infrastructure spending, and the nuclear-versus-renewables policy debate.

Analysis

A new study says Ontario's plan to build two of the world's largest nuclear power plants could cost between C$221 billion and C$294 billion, more than double the cost of expanding renewable energy supply. The comparison raises cost and capital-allocation concerns around the province's long-term energy strategy. The headline is most relevant to utilities, infrastructure spending, and the nuclear-versus-renewables policy debate.

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