Ottawa approves plan to bury nuclear waste
The vehicles would carry waste fuel, now stored at the province's nuclear power reactors, to a holding site about 50 metres below ground at what Natural Resources Minister Gary Lunn called a "willing community."
Officials of the industry-led Nuclear Waste Management Organization said that site could be in one of the four provinces with nuclear activity – Ontario, Quebec and New Brunswick, all with reactors, and Saskatchewan, with uranium mines. After roughly another three decades, the nuclear waste would be shifted to a permanent mausoleum as far as a kilometre underground at the same location.
"There's a strong likelihood in the years ahead that they'll be able to reuse the spent fuel to recover even more energy out of it," Lunn said.
The decision effectively rubber-stamps the scheme proposed in 2005. The nuclear industry would pay most of the research, construction and maintenance costs, estimated at $24 billion.
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Price Spikes in Ireland Fuel Concerns Over Dispatachable Power Shortages in Europe
DUBLIN - Irish grid-balancing prices soared to €3,774 ($4,284) per megawatt-hour last month amid growing concerns over dispatchable power capacity across Europe.
The price spike, triggered by an alert regarding generation losses, came only four months after Ireland and Northern Ireland launched an Integrated Single Electricity Market (ISEM) designed to make trading more competitive and improve power distribution across the island.
Evie Doherty, senior consultant for Ireland at Cornwall Insight, a U.K.-based energy consultancy, said significant price volatility was to be expected while ISEM is still settling down.
When the U.K. introduced a single market for Great Britain, called British Electricity Trading and…
