Energy2:46 PM ET

GE Vernova Hitachi small nuclear reactor in Ontario delayed, faces cost overruns

By BORSA NewsroomPublished Nov 11, 2026, 2:46 PM ESTUpdated Nov 11, 2026, 2:47 PM EST

The first small nuclear reactor in North America is delayed past October 2030 and over budget. Ontario Power Generation cited engineering and supply chain issues. The cost per kilowatt is over $14,000, far above natural gas. The news pressures nuclear startups Oklo, X-Energy, and NuScale Power.

Sentimentbearish 30

Bearish · 30 of 100

Impact60

medium · sector-wide

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

GE Vernova Hitachi's small reactor in Ontario is delayed past October 2030.