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Author Archives: Other News Sources
Areva keen to form ‘partnership’ with AECL
(July 10, 2007) Areva of France, the world’s biggest nuclear energy company, is keen to invest in or form a partnership with Atomic Energy of Canada Ltd. but says it hasn’t got a club whether Ottawa is ready to deal. Continue reading
Partial sale of Canada’s nuclear giant source of speculation
(July 6, 2007) Toronto: The partial sale of Canada’s Crown-owned nuclear giant is the source of speculation once again. Continue reading
Nuclear deal too costly: auditor
(April 6, 2007) Ontarians would have saved $1.5 billion on their hydro bills over the next 25 years had the government negotiated a smarter deal to refurbish the Bruce Power nuclear station, the provincial auditor general says. Continue reading
Mac’s nuclear reactor ‘just cannot go boom’
(March 31, 2007) If we’re going to have a nuclear reactor in our back yard, McMaster’s unit isn’t so bad. “You’ve got a device that just cannot go boom,” says Tom Adams, executive director of Energy Probe, a consumer and environmental research group. Continue reading
Posted in Nuclear Plant Security
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N.B’s Candu attitude
(February 24, 2007) The year 2016 may seem far off. But as a key data in New Brunswick’s plan to possibly expand its nuclear energy program, it is a looming deadline that must be acted on quickly, say those in the industry. Continue reading
Posted in New Brunswick Power
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Ottawa won’t say if taxpayers on hook
(January 24, 2007) Canada’s minister of natural resources was cagey yesterday when asked if the federal government is prepared to share the financial risk of building new Candu nuclear reactors in Ontario. Continue reading
New Energy Probe study finds AECL subsidies account for 12% of national debt
(January 12, 2006) Energy Probe has released a new study examining federal subsidies to Atomic Energy of Canada (AECL). According to Probe, since its inception in 1952, subsidies to AECL account for CAN74.5 bln of today’s federal debt. Further, Probe contends that had those subsidies been instead invested in the Canadian economy, their value today would be CAN194.6 bln, roughly equivalent to 11.5% of the market cap of the TSX. Continue reading
Ontario to mothball two CANDU reactors
(August 26, 2005) Only months after Canadian-made reactors were rejected in U.S. and Chinese markets, Canada’s 60-year-old civilian nuclear industry has suffered a potentially mortal blow at home. Facing a $1.6-billion repair bill, the government of Ontario decided this month to mothball two 540-megawatt Canada Deuterium-Uranium (CANDU) nuclear reactors more than a decade before their projected retirement date. Continue reading
Posted in Towards Shutdown
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N.B. Power faces costs of aging plant
(July 29, 2005) Fredericton: The New Brunswick government is expected to announce today its plans for a $1.4 billion refurbishing of its aging Point Lepreau nuclear power plant near Saint John. Continue reading
Posted in New Brunswick Power
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Ministers decide fate of N.B. power plant
(July 28, 2005) Fredericton: New Brunswick Premier Bernard Lord and members of his cabinet are meeting this afternoon to decide the future of the aging Point Lepreau nuclear power plant. At issue is whether to go ahead with a $1.4 billion refurbishent, and if so, how? Continue reading
Posted in New Brunswick Power
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Energy Probe 