Ontario Power Generation (OPG) and Electricité de France (EDF) will collaborate to assess the feasibility of deploying EDF's large nuclear reactor technology in Canada. A letter of interest (LOI) was signed as industry and government representatives from around the globe gathered in Paris for the World Nuclear Exhibition. The two companies will initially explore the technical and licensing requirements for "EPR" technology deployment within Canada's regulatory landscape.

They will also seek to understand the potential to leverage Ontario and Canada's robust nuclear supply chain, to ensure maximum benefit to the provincial economy, should an EDF reactor be deployed in Canada. Key Facts: To effectively decarbonize the broader economy, Ontario'sIndependent Electricity System Operatorsays demand for clean, reliable baseload electricity will rise sharply in coming years and has called for almost 18,000 MW of new nuclear capacity by 2050. With a five decades-plus history operating and refurbishing large nuclear stations, OPG is also building North America's first fleet of small modular reactors (SMRs) at its Darlington New Nuclear site.

The first of four 300 MW SMRs will be completed by the end of 2028, and online by the end of 2029. EDF is the larger nuclear operator worldwide. The state-owned multinational electric utility company currently operates 56 reactors at 18 sites in France and nine reactors in the United Kingdom.