News Archive Article

Tories, NDP blast Bruce cost overruns

TORONTO, ONTARIO - The $300 million cost overrun in the Bruce nuclear station refurbishment is an indictment of the Liberal government's energy plan, critics warn.

In the wake of recent revelations in the Star that the price tag for overhauling two reactors near Lake Huron is rising, the opposition parties expressed alarm.

So far, what had been proposed as a $2.75 billion project is now expected to top $3 billion with electricity consumers footing about $150 million of the additional costs.

Progressive Conservative Leader John Tory said he doesn't buy Energy Minister Gerry Phillips's explanation for why the project is already 10 per cent over budget when it's just over half completed.

"I see the minister says the reason for the cost overrun is in part because they decided to speed up the process. I think when you see the government acknowledging that their timetable... is responsible it indicates what I've said all along: These people have no plan for energy," said Tory.

"They're dithering on decisions they should be making faster. They're speeding things up that cost the taxpayers and others a lot more and they have no plan," said Tory, who supports nuclear power, which accounts for about half of Ontario's electricity.

NDP Leader Howard Hampton, who opposes any expansion of Ontario's nuclear capacity, said the Bruce debacle is "another example that (the) Liberal electricity plan of ‘go nuclear, go big’ means ‘go very expensive.’"

"There will be more cost overruns at the Bruce. This is not the end. This is the beginning," said Hampton. "Ten per cent at this stage is quickly going to grow to 20 or 30 per cent by the end of this contract."

Related News

tesla charging station

South Australia rides renewables boom to become electricity exporter

MELBOURNE - The politics may not change much, but Australia’s electricity grid is changing before our very eyes – slowly and inevitably becoming more renewable, more decentralised, and challenging the pre-conceptions of many in the industry.

The latest national emissions audit from The Australia Institute, which includes an update on key electricity trends in the national electricity market, notes some interesting developments over the last three months.

The most surprising of those developments may be the South Australia achievement, which shows that since the closure of the Hazelwood brown coal generator in Victoria in March 2017, South Australia has become a net…

READ MORE
justin trudeau

Ottawa hands N.L. $5.2 billion for troubled Muskrat Falls hydro project

READ MORE

San Diego community energy program

California Public Utilities Commission sides with community energy program over SDG&E

READ MORE

EV growth in Europe

Parked Electric Cars Earn $1,530 From Europe's Power Grids

READ MORE

map of power grid

Military Is Ramping Up Preparation For Major U.S. Power Grid Hack

READ MORE