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Tax-payers could end up on the hook for Ontario’s upgrade of Pickering nuclear station

Ontario to squeeze more life out of Pickering nuclear station, City News,  THE CANADIAN PRESS JAN 11, 2016  Ontario’s Liberal government wants to squeeze four more years of life out of the Pickering nuclear station.

It will start a $12.8 billion refurbishment of the Darlington power station this fall.

Nuclear reactors at both stations owned by Ontario Power Generation (OPG) were originally scheduled to be decommissioned in 2020.

But cabinet decided to keep Pickering running until 2024 while the four nuclear reactors at the Darlington station are rebuilt to extend their lives by about 30 years…….

Ontario’s Progressive Conservatives and New Democrats are worried taxpayers will be on the hook for huge cost overruns with the Darlington rebuild, noting nuclear projects never come in on budget…… Ontario companies in the CANDU reactor supply chain.http://www.citynews.ca/2016/01/11/ontario-to-squeeze-more-life-out-of-pickering-nuclear-station/

January 13, 2016 - Posted by | general

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