Bruce Power drops plans for new reactors
TIVERTON, ONTARIO - Bruce Power is dropping plans to build new nuclear reactors in Nanticoke and in Bruce County, blaming a declining demand for electricity.
The private company, which operates six nuclear reactors at its site in Kincardine, is withdrawing its site licence applications for the new reactors.
The company told the Canadian Nuclear Safety Commission it will also suspend environmental assessments in both locations.
Energy Minister George Smitherman had publicly opposed Bruce's plans to build new nuclear reactors, and accused the company of trying to influence government policy.
Smitherman said last year that Bruce had "no government support in any form"' for its bid to construct new reactors at Nanticoke.
The Ontario government announced last month that it was delaying its own plan to build two new reactors at Darlington after cost estimates soared billions of dollars beyond expectations.
Related News
Hydro One’s takeover of U.S. utility sparks customer backlash: ‘This is an incredibly bad idea’
TORONTO - “Please don’t sell us to Canada.” That refrain, or versions of it, is on full display at the Idaho Public Utilities Commission, which admittedly isn’t everyone’s go-to entertainment site. But it is vitally important for this reason: the first big test of the expansionist dreams of the politically tempest-tossed Hydro One rests with its successful acquisition of Avista Corp., provider of electric generation, transmission and distribution to retail customers spread from Oregon to Washington to Montana and Idaho and up into Alaska.
The proposed deal — announced last summer, but not yet consummated — marks the first time the…
