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A New Brunswick reaction to the exorbitant costs of Point Lepreau nuclear power station.

When the Point Lepreau Nuclear Generating Station was refurbished over three years and re-opened in 2012, NB Power did not complete a number of associated repairs, despite the lengthy time and high cost of the refurbishment.

As a result, the nuclear plant has experienced many problems since the refurbishment and has been performing poorly. Since 2023, the NB nuclear plant has been managed by Ontario Power Generation, three managers costing $2 Million per year, under a three-year contract. I’m unsure if these people actually live in New Brunswick and pay taxes here or if New Brunswick is sending the money directly to Ontario.

At the start of April, the Lepreau nuclear plant was shut down for a scheduled 100 days to do the associated upgrades/repairs that NB Power hopes will improve the performance. The cost of the repairs was estimated at more than $300 million including the replacement power for this year’s repairs and another scheduled repair session in 2025. The first repairs were scheduled to end last week but instead of starting up again, the engineers noted a major problem with the main generator. Note that most of these engineers and workers doing this scheduled upgrade / repair are from Ontario, so it’s unclear how much of this cash is staying in the province. 

Today we learned that the repair to the generator will cost an extra $70 million and the plant is down at least till September, which they say is a best case scenario. 

So, when all this is over, what can New Brunswickers expect? At the end of the story below is this kicker: “Even by 2030, NB Power still thinks the plant will be mired in the basement, performance wise.”

What a F*** disaster. It’s absolutely nuts that our small province with a population of only 800,000 people has a nuclear reactor. In addition to the nuclear waste and other problems the reactor creates, we can’t afford it and we do not have the capacity in-province to look after it!

July 24, 2024 - Posted by | business and costs, Canada

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