nuclear-news

Why is Ontario Government bent on building a new nuclear reactor, at a much greater cost than solar or wind technologies?

 Ontario Power Generation (OPG), which is 100% owned by the Government of
Ontario, is proposing to build a first of its kind GE-Hitachi 300 megawatt
(MW) boiling water reactor at its Darlington Nuclear Station, east of
Oshawa.

OPG has still not submitted GE-Hitachi’s proposed reactor design
to the Canadian Nuclear Safety Commission for review and potential
approval, despite claiming that construction of the reactor will be
completed by 2028.

According to Lazard, one of the most respected names in
global financial services, the cost of electricity from a new nuclear
reactor is 1.7 times greater than the cost of offshore wind, three times
greater than the cost of solar power, and 3.6 times greater than the cost
of onshore wind.

 Clean Air Alliance 3rd Aug 2023

August 6, 2023 - Posted by Christina Macpherson | Canada, politics