Nuclear energy a fading dream

Energy dream fades in New Brunswick

  By Megan O’Toole, Canwest News ServiceAugust 27, 2009

“……………The $1.4-billion refurbishment of New Brunswick’s Point Lepreau nuclear generating station, home to the first Candu 6 reactor in the world, was undertaken with the mantra “on time and on budget” as its driving force. But unforeseen delays and cost overruns have since plagued to the project–already half a year behind schedule–with ratepayers on the hook for replacement power costs.

“Every day it’s late . . . it’s a million dollars, roughly, on the books of New Brunswick,” Energy Minister Jack Keir said.

Meanwhile, plans for a second, private sector-funded reactor at Lepreau have not moved past the discussion phase, another indication that the initial momentum powering the government’s self-sufficiency agenda may have started to falter………”

Energy dream fades in New Brunswick

August 28, 2009 - Posted by Christina Macpherson | 1, business and costs, Canada | antinuclear, nuclear, nuclear costs