Project

Alberta is entering a period of rapid change, with population growth, electrification and new industries all driving higher electricity use. At the same time, governments have committed to achieving a net-zero electricity grid by 2050. Meeting both goals will require careful planning and new sources of clean, reliable power.

As Energy Alberta progresses work on the proposed Peace River Nuclear Power Project, we are considering two advanced, Canadian-owned nuclear reactor technologies: Atkins Réalis’ CANDU® MONARK™, a new evolution of CANDU® technology, and Westinghouse’s AP1000®, a modern design based on widely used pressurized water reactor technology.

At a time when energy security and economic resilience are more closely linked than ever, Henuset has joined the Green Ribbon Panel - a national coalition of leaders working to advance practical, made-in-Canada energy solutions that strengthen Canada’s competitiveness and long-term prosperity.

Canada’s nuclear industry is fueling more than just electricity - it’s powering economic growth, creating tens of thousands of high-quality jobs and positioning the country to meet its ambitious climate targets. The latest Nuclear Economic Numbers Report from the Canadian Nuclear Association (CNA) shows the impressive momentum the sector has gained in just five years.

2025 delivered major milestones as Energy Alberta advanced the Peace River Nuclear Power Project - bringing Alberta and Western Canada closer to a future powered by clean, reliable and affordable electricity.

Canada is entering an energy moment unlike anything in our lifetime - and Alberta is right at the centre of it.