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Nuclear power may be best energy option: McGuinty
Nuclear power may be the best option to fulfil Ontario’s future electricity needs, despite its obvious downsides – including Chornobyl-type accidents and the need to store radioactive waste, Premier Dalton McGuinty said Wednesday.
"That’s an issue," McGuinty said of the risks associated with nuclear power, including the devastating Chornobyl accident in 1986 that led to thousands of deaths.
Nuclear our best option, premier says
Nuclear power may be the best option to fulfil Ontario’s future electricity needs, despite its obvious downsides including Chornobyl-type accidents and radioactive waste, Premier Dalton McGuinty said Wednesday.
Natural gas is too expensive, wind power is unreliable, coal plants pollute the air and Ontario’s hydroelectric potential has largely been maxed out – leaving nuclear power expansions “on the table” for the province, McGuinty said.
Fixed-price electricity gains popularity in Ont.
More Ontarians are turning to long-term, fixed-price electricity contracts following last week’s announcement that regulated prices are rising May 1, but experts caution that prices would have to rise dramatically for the contracts to pay off.
"Signing one of those (long-term) contracts is extremely pessimistic,” says Tom Adams, executive director of Energy Probe, a national consumer group. "What they’re offering is peace of mind at a huge premium."
Fixed-price electricity gains popularity in Ont.
More Ontarians are turning to long-term, fixed-price electricity contracts following last week’s announcement that regulated prices are rising May 1, but experts caution that prices would have to rise dramatically for the contracts to pay off.
"Signing one of those (long-term) contracts is extremely pessimistic,” says Tom Adams, executive director of Energy Probe, a national consumer group. "What they’re offering is peace of mind at a huge premium."
Energy dilemma
More Ontarians are turning to long-term, fixed-price electricity contracts following last week’s announcement that regulated prices are rising May 1, but experts caution that prices would have to rise dramatically for the contracts to pay off.
"Signing one of those (long-term) contracts is extremely pessimistic," says Tom Adams, executive director of Energy Probe, a national consumer group.
"What they’re offering is peace of mind at a huge premium."
Nuke fears not enough
Nuclear power may be the best option to fulfil Ontario’s future electricity needs despite its obvious risks, Premier Dalton McGuinty said yesterday.
"That’s an issue," McGuinty said of fears associated with nuclear power, including the devastating Chernobyl accident in 1986 that led to thousands of deaths.
"But I think we should look at our particular history in this country," McGuinty said, noting that there have been no major nuclear accidents in Ontario, where reactors have operated for more than two decades.
Nuclear power top option for Ontario
Nuclear power may be the best option to fulfil Ontario’s future electricity needs, despite its obvious downsides – including Chornobyl-type accidents and radioactive waste, Ontario Premier Dalton McGuinty said Wednesday.
Natural gas is too expensive, wind power is unreliable, coal plants pollute the air and Ontario’s hydroelectric potential has largely been maxed out – leaving nuclear power expansions "on the table" for the province, Mr. McGuinty said.
Electricity bills to rise 3 to 15 per cent
Most Hamilton residents will only get singed by their local hydro utility after the Ontario Energy Board unveiled last week a series of price shocks across the province.
Households will start paying on May 1, 5.8 cents per-kilowatt-hour, per month up to 600 kilowatts from May to October. Beyond the 600 kilowatt hours, residents will pay 6.7 cents. Customers are now paying five cents per-kilowatt-hour and 5.8 cents per-kilowatt-hour.
The threshold will rise to 1,000 kilowatt hours from November to April.
Electricity future: Not gas, nuclear or hydro
Electricity Future: Not Gas, Nuclear or Hydro
Shuffle delays hydro strategy
A surprise Ontario government cabinet shuffle that returned Dwight Duncan to the Energy portfolio has further delayed a key report outlining the province’s strategy to prevent electricity shortages, sources said yesterday.
The report – a formal response to December recommendations that $40 billion be spent on upgrading and expanding existing nuclear plants to prevent blackouts – was expected weeks ago.

