The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Decision to keep Pickering Nuclear Station going does not make financial sense

Clean Air Alliance 21st June 2018,  Today Ontario Premier-Designate Doug Ford failed to seize his opportunity
to lower Ontario’s electricity costs by $1.1 billion per year by
directing Ontario Power Generation (OPG) to close the Pickering Nuclear
Station in August when its licence expires.

On the contrary, Mr. Ford announced that he will allow the 4th oldest nuclear station in North
America to continue to operate in the middle of the GTA until 2024. Mr.
Ford’s decision does not make financial sense for Ontario’s electricity
consumers. The annual savings from closing the Pickering Nuclear Station
would be 183 times greater than the savings from firing Mayo Schmidt, the
CEO of Hydro One. According to the Canadian Manufacturers & Exporters
association, the Pickering Nuclear Station’s performance is
“persistently abysmal…by any objective standard.”


June 25, 2018 - Posted by | Canada, politics

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: