From early development through construction and into long-term operations, the Peace River Nuclear Power Project is designed to deliver lasting benefits - supporting families, strengthening local businesses and driving regional growth.
This is a legacy-building project - one that will create stable careers and economic prosperity for decades to come. Based on economic impact reports for similar projects, over its lifetime, it is expected to deliver significant benefits:
Source: PWC The Economic Impact of a Westinghouse AP1000 Reactor Project in Canada
The site preparation and construction phase - potentially beginning as early as 2028 - will represent one of the largest workforce mobilizations in Alberta’s history.
At peak construction, there will be thousands of direct jobs, along with significant indirect and induced employment. This means opportunities extend well beyond the site, including roles in transportation and logistics, equipment and manufacturing supply, and local services that support a growing workforce - such as retail and hospitality jobs.
At every stage, local and Indigenous businesses will have opportunities to participate - helping build Alberta’s nuclear supply chain and support regional growth.
.png)
.jpg)
Nuclear facilities do more than generate electricity - they can produce medical isotopes used in cancer treatment, diagnostic imaging and the sterilization of medical equipment.
Canada is already a global leader in isotope production. These materials are used in more than 40 million medical procedures each year worldwide.
Nuclear power stations in Ontario currently produce a significant share of the world’s isotopes - supporting both Canada’s healthcare system and global demand for life-saving medical tools.
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.
.png)
80 million tonnes of CO2 emissions per year are avoided.
Nuclear Energy can run 24/7,
365 days a year.
Canada is the second
largest uranium producer
in the world.
While major hiring and procurement activities will ramp up in future phases, the foundation is being built today. By getting involved early you can position yourself or your business to be part of one of Alberta’s most significant infrastructure projects when the time comes.
Learn more about the opportunitiesOur 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.
.jpg)
September 30 is a day to remember, reflect and listen. On National Day for Truth and Reconciliation, we recognize the lasting impacts of the residential school system and encourage our team and community to make space for Indigenous voices, stories and experiences. It is also an opportunity to consider what reconciliation means in the places where we live and work - not only today, but throughout the year.
On September 27, people around the world will mark World Rivers Day - an opportunity to recognize the extraordinary value of rivers and the importance of protecting them for the future. For Energy Alberta, it’s also an opportunity to celebrate a river that is central to the region where we are planning the Peace River Nuclear Power Project.
When people think about nuclear energy, one of the first questions they often ask is: How much does it cost? It's an important question - but it's also one that deserves a broader conversation. Like any major infrastructure project, the value of nuclear energy isn't measured by upfront capital costs alone. It's measured over decades of reliable electricity generation, long-term economic benefits and the lasting impact it can have on communities, workers and businesses.
Subscribe to receive Project updates.
We want to hear from you. Have questions, feedback or want to work with us? We’re here to help.
Get in Touch
