The nuclear option: N.L. needs more energy, and some advocates say nuclear power is a solution

Original Report: www.cbc.ca(full story)

Newfoundland and Labrador Hydro has indicated an immediate need for more energy due to rising demand and a push away from fossil fuels. The Public Utilities Board has requested N.L. Hydro to consider nuclear energy for its 2024 resource adequacy plan, despite current legislation prohibiting its inclusion. The province’s energy demand is projected to grow from nearly eight terawatt-hours (TWh) in 2023 to 9.2 TWh by 2034, mostly driven by electrification in various sectors. John Gorman, president of the Canadian Nuclear Association, advocates for nuclear because it is a reliable source of carbon-free electricity that can be implemented almost anywhere, particularly through small modular reactors. He emphasizes that Newfoundland has available uranium supplies for local use and export. Gorman also argues that nuclear energy could enhance economic opportunities and aid neighboring provinces. However, N.L. Hydro has dismissed nuclear energy at this planning stage due to prohibitive legislation, high capital costs, and the inflexibility of nuclear power to match the province’s current supply needs. Gorman suggests a reevaluation, citing that a diverse energy mix contributes to lower electricity costs, and small modular reactors could provide the necessary flexibility to support other energy forms. The province’s current energy planning must evolve, as Gorman highlighted the potential for nuclear to improve energy security, benefitting both the environment and Newfoundland’s economy. Nevertheless, N.L. Hydro has stated that future consideration of nuclear is contingent upon advancements in technology and changes in legislation, while the Public Utilities Board remains in the information-gathering phase.