# North America's First Small Modular Reactor Faces Delays and Budget Overruns Ontario Power Generation confirms the Darlington SMR project will miss its 2030 deadline. - **Source:** [Canary Media](https://www.canarymedia.com) - **Published:** 2026-11-11 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/2f284f6f-95a6-44b1-86e8-a685d7aebe98 ## Project Timeline and Budget Slippage Ontario Power Generation announced that the Darlington small modular reactor project will miss its October 2030 completion target. The initiative, which previously held a budget of 7.7 billion Canadian dollars, is currently undergoing a comprehensive reassessment. Officials expect this updated evaluation of costs and construction schedules to be finalized by mid-2027. ## Technological Foundation of BWRX-300 The Darlington project utilizes the GE Vernova Hitachi BWRX-300 design, which employs light-water technology similar to existing global nuclear fleets. This reactor is engineered to generate 300 megawatts of carbon-free electricity. While significantly smaller than traditional large-scale reactors, it serves as a critical test for modular nuclear deployment across North America. ## Historical Context of Nuclear Delays Nuclear construction in North America has frequently struggled with significant cost and schedule overruns. For instance, the Vogtle units 3 and 4 in the United States required an additional seven years and 17 billion dollars to complete. These historical precedents highlight the inherent difficulties in executing complex, first-of-a-kind large-scale energy infrastructure projects. ## Broader Industry Ambitions and Support Despite current setbacks, nuclear energy maintains strong policy backing from both Canadian and U.S. administrations. Ontario Power Generation plans to construct four units at the Darlington site with a total projected cost of 20.9 billion Canadian dollars. Federal and provincial investment funds have already committed up to 3 billion dollars for stakes. ## The Learning Curve Hypothesis Proponents argue that small modular reactors will become more economical through mass manufacturing and repeatable construction processes. The theory suggests that while the first unit is expensive, subsequent units will benefit from a learning-curve effect. Currently, this remains a hypothesis, as only two commercial SMR plants are operating globally in Russia and China. ## Engineering and Supply Chain Factors Ontario Power Generation attributes the current update to ongoing engineering work by GE Vernova Hitachi. These efforts impact construction execution and supply chain performance for the first-of-a-kind reactor. The developer noted that evolving market conditions, including global inflation and various geopolitical risks, are also contributing factors to the project's current status. ## Precedent of the Vogtle Project The Vogtle nuclear project serves as a cautionary tale for the industry. Although the second reactor was 30 percent cheaper to build than the first, the project is primarily remembered for its massive total price tag. This history creates pressure for the Darlington team to manage costs effectively to maintain future investor confidence. ## Implications for Future SMR Efforts The scale of these overruns is critical for the future of the BWRX-300 design. If costs balloon significantly, it could create a chilling effect on other developers, such as the Tennessee Valley Authority or Blue Energy. Success at Darlington is viewed as essential for validating the commercial viability of modular nuclear technology. ## Sources covering this story - https://www.canarymedia.com/articles/nuclear/small-modular-nuclear-reactor-late-canada — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._