The Challenges and Barriers to Adopting Nuclear Power as a Sustainable Generation Alternative: Alberta's Electricity Grid

Abstract

This study examines Alberta's unique market-driven approach to electricity pricing and investments, focusing on the integration of nuclear power within its energy landscape. By conducting a gap analysis of Alberta's energy policies, regulatory frameworks, and economic market dynamics, the research evaluates the feasibility of adopting nuclear energy. Utilizing International Atomic Energy Agency (IAEA) frameworks, it assesses critical governmental, legal, and regulatory aspects, alongside nuclear safety culture, stakeholder involvement, and environmental protection measures. The study also explores the economic implications, market dynamics, and social perceptions of nuclear energy, aiming to identify barriers to its adoption in a deregulated market. Through a comprehensive analysis, it proposes strategies to overcome these challenges, contributing to the discourse on sustainable energy generation in Alberta. The research aligns with Sustainable Development Goals (SDGs) 7 (Affordable and Clean Energy), 9 (Industry, Innovation and Infrastructure), and 13 (Climate Action), emphasizing the importance of clean and innovative energy solutions for sustainable development and climate action.