Alaskan town opts for “pocket reactor”
Japanese manufacturer Toshiba has told the town it will install its new 4S (super-safe, small and simple) reactor free of charge by 2012. The unit, which would be buried about 30 metres underground, would only have to be refuelled about every 30 years.
Interest in pocket nuclear plants is growing among developing countries and island nations, advocates say. Unlike solar and wind power, the plants would generate power 24/7 and at a fraction of the cost of a diesel generator, they say.
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Calgary electricity retailer urges government to scrap overhaul of power market
CALGARY - Jason Kenney's government is facing renewed pressure to cancel a massive overhaul of Alberta's power market that one player says will needlessly spike costs by hundreds of millions of dollars.
Nick Clark, who owns the Calgary-based electricity retailer Spot Power, has sent the Alberta government an open letter urging it to walk away from the electricity model proposed by the former NDP government.
"How can you encourage new industry to open up when one of their raw material costs will increase so dramatically?" Clark said. "The capacity market will add more costs to the consumer and it will…
