Nuclear reactor bid details revealed
OTTAWA, ONTARIO - Documents left at a CTV News office by a then-aide to federal Natural Resources Minister Lisa Raitt have exposed insider details of the bidding to build two new nuclear reactors in Ontario.
CTV says the Atomic Energy of Canada Ltd. documents suggest the federally owned firm is concerned about going over budget if it's selected. Also bidding are Areva Group of France and U.S.-based Westinghouse Electric Co.
The documents say there's a risk the firm could encounter large cost overruns, which could be passed on to taxpayers, and conditions imposed by Ottawa resulted in AECL submitting a high bid.
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Australia's energy transition stalled by stubbornly high demand
MELBOURNE - A more than 200% increase in installed solar power generation capacity since 2018 helped Australia rank sixth globally in terms of solar capacity last year and emerge as one of the world's fastest-growing major renewable energy producers.
However, to realise its goal of becoming a net-zero carbon emitter by 2050, Australia must reverse the trajectory of its energy use, which remains on a rising path in contrast with several peers that have curbed energy use in recent years.
Australia's total electricity consumption has grown nearly 8% over the past decade, compared with contractions over the same period of more than…
