Category Archives: New Brunswick Power

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

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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

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Losing power

(April 15, 2005) Federal taxpayers are on the verge of acquiring a new and potentially massive burden – paying electricity bills for consumers in provinces with the country’s most mismanaged power systems. Continue reading

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Losing power

(April 15, 2005) Federal taxpayers are on the verge of acquiring a new and potentially massive burden – paying electricity bills for consumers in provinces with the country’s most mismanaged power systems. Continue reading

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N.B. hoping for at least $400 million from Ottawa to fix nuclear plant

(February 25, 2005) Fredericton: The New Brunswick government is looking for a major cash infusion from Ottawa for refurbishment of the aging nuclear power plant at Point Lepreau, N.B. Continue reading

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New nuke sinkholes

(January 14, 2005) Atomic Energy of Canada Limited (AECL) has cost federal taxpayers an estimated $17-billion in failed attempts to develop commercially viable nuclear reactors. Even the sales that AECL has made have proven to be wildly unprofitable, going back a generation to its perplexing reactor sale to Argentina, when AECL agreed to price its contract in pesos. Today, the federal Crown corporation is poised to blow more billions. Continue reading

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Proposed power plant may kill plan to fix Lepreau

(October 29, 2004) A decision on whether to dump or fix up New Brunswick’s aging nuclear power plant could be swayed by a private firm’s plans to build a giant gas-fired generator, says the province’s energy minister. Continue reading

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Lepreau refurbishment review falls short

(April 23, 2004) Refurbishing NB Power’s troubled Point Lepreau nuclear power station will cost New Brunswickers $3,373 per household if the assurances issued last week by the former chairman of the now bankrupt nuclear company British Energy hold true. If Ontario’s recent nuclear refurbishment experience is repeated, the cost could exceed $9,000 per household. Continue reading

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NB Power CEO appointed to OPG board

(January 30, 2004) On Dec. 23, 2003, the new Ontario Liberal government appointed James Hankinson to the board of Ontario Power Generation. Mr. Hankison was the CEO of the provincial Crown corporation of NB Power from 1996-2002. Continue reading

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Lepreau retrofit likely – response

(June 4, 2003) Before New Brunswick commits to a megaproject overhaul of the Point Lepreau nuclear reactor, take a look at the mess with AECL’s MAPLE reactor projects and the commercial disaster happening with the Ontario government’s Pickering A project. Continue reading

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