France to build second EPR power plant
LE CREUSOT, FRANCE - France has given the go-ahead for its second new-generation European Pressurized nuclear Reactor (EPR) to be built, French President Nicolas Sarkozy said.
"In a few moments, I will announce the construction of a second EPR power plant in France," Sarkozy told workers on a visit to an industrial site in central France.
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Investigation reveals power company 'gamed' $100M from Ontario's electricity system
TORONTO - Hydro customers shelled out about $100 million in "inappropriate" payments to a natural gas plant that exploited flaws in how Ontario manages its private electricity generators, according to the Ontario Energy Board.
The company operating the Goreway Power Station in Brampton "gamed" the system for at least three years, according to an investigation by the provincial energy regulator.
The investigation also delivers stinging criticism of the provincial government's Independent Electricity System Operator (IESO), slamming it for a lack of oversight. The probe by the Ontario Energy Board's market surveillance panel was completed nearly a year ago, but was only made public in November because…
