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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France hopes to keep Brussels sweet with new electricity pricing scheme
PARIS - France has unveiled a new electricity pricing mechanism, hoping to defuse months of tension over energy subsidies with Brussels and its neighbors.
The strain has included a Franco-German fight over the reform of the bloc's electricity market, with Germany accusing France of wanting to subsidize its industry via artificially low energy prices, while Paris maintained it should have the right to make the most of its relatively cheap nuclear energy. That fight has now been settled.
On Tuesday, the French government presented a new mechanism — complex, and still-to-be-detailed — to bring the average price of electricity closer to €70…
