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Category Archives: Nuclear Economics
Ontario warned nuclear repair bill could top $1B
(November 15, 2004) Toronto: The perils of Pickering returned to haunt the Ontario government Monday as Ontario Power Generation warned that its efforts to restore another of the problem-prone nuclear plant’s reactors could end up costing $1 billion. Continue reading
Restarting Bruce reactors tricky
(September 10, 2004) Critics point to Bruce’s repair needs. Power companies say plant is needed. Continue reading
Pickering backup system to cost OPG $250 million
(August 21, 2004) More than double earlier estimate, reactors worse off than expected. Continue reading
Expose the truth about the nuclear industry
(April 28, 2004) We have learned that the federal government has quietly begun giving its friends in the nuclear industry new access to the public purse, in order to fund plans for massive nuclear power growth. Continue reading
Federal nuclear firm $160M over budget on new reactors
(March 31, 2004) Toronto: Atomic Energy of Canada Limited’s only domestic project for new reactors is running $160-million over budget and four years behind schedule even as the company is pushing to sell the Ontario government advanced nuclear power plants worth billions of dollars. Continue reading
Cameco bids on nuclear plant
(March 1, 2004) Vancouver: Uranium producer Cameco Corp. has rolled into the U.S. electricity market by bidding $333-million (U.S.) for a 25.2-per-cent stake in a Texas nuclear power plant, the first step in what it hopes will become a substantial U.S. presence. Continue reading
More delays plague Pickering restart
(February 6, 2004) Work on two units of the Pickering A nuclear station has been suspended, according to a message sent to staff of the plant, owned by Ontario Power Generation Inc. Continue reading
Candus can’t do it, nuke critics say
(January 2, 2004) Critics of nuclear power said a $12 billion proposal by Atomic Energy of Canada Ltd. to build eight new nuclear reactors in Ontario to generate electricity has little credibility, given the nuclear industry’s track record. Continue reading
Execs fired as reactor refit costs soar
(December 5, 2003) Toronto: Rebuilding four ageing reactors at the Pickering nuclear generating station will cost as much as $3-billion more than originally expected and take five years longer than planned, a report released yesterday states. Continue reading
Hydro prices take flight
(October 3, 2003) Electricity prices in Ontario skyrocketed briefly after a major generator, possibly another nuclear unit, was unexpectedly shut down yesterday morning. Continue reading
Energy Probe 