They're very popular and on the minds of governments around the world as a way to balance the renewables they currently have on their grids. It's really important to have diversification in your energy sector. Certainly, we have that in Ontario, where we get 50% to 60% of our electricity from our nuclear fleet and 25% of our electricity from our hydroelectric fleet at places like Niagara Falls and with run-of-river in northern Ontario and different places. Then we have a mix of wind and solar that is intermittent and needs to be balanced with storage, which we now have in abundance, both battery storage and pump storage.
We need everything to make our economy, but the key with nuclear is having its baseload power there all the time when you need it. With the growing demand that we're seeing from data centres and AI factories, you have to have the baseload power that nuclear provides. If you were to try to run data centres on wind and solar power, you wouldn't be able to do it.
If you're looking at the price of electricity—the levelized cost of electricity, as we call it in the sector—over the 100-year lifespan of a nuclear plant, then you will see that nuclear power is going to be able to compete with wind and solar and renewable power. These are assets that you're going to have for a century.