Closure of Canadian Gentilly-2 Nuclear Generating Station
OCTOBER 6, 2012
[…]
Hydro-Québec has confirmed the Gentilly-2 nuclear power plant which has been operating safely and reliably since 1983, will stop producing electricity on December 28, 2012. This follows the September 20 announcement by the Government of Québec on its decision to shut down Gentilly-2 rather than proceeding with a refurbishment.
[…]
The increase in project costs, combined with falling market prices prompted Hydro-Québec to recommend to the Québec government that the generating station be closed. In light of the feedback it has obtained on the complete refurbishment cycle, the company has reassessed the cost of the project to $4.3 billion.
[…]
The Canadian nuclear industry provides a broad spectrum of products and services that benefit Canadians, generating approximately $6.6 billion per year and contributing $1.5 billion in tax revenue and $1.2 billion in export revenues, and supports over 71,000 direct and indirect jobs.
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