Bruce Power looks to Alberta nuclear plant
Duncan Hawthorne, chief executive of Bruce Power, said the company was considering building a C$6 billion ($6 billion), 2,000 MEW twin-reactor complex in northern Alberta as it agreed to acquire Energy Alberta Corp. recently.
Bruce is a partnership that includes pipeline company TransCanada Corp., uranium producer Cameco Corp., BPC Generation Infrastructure Trust and two unions. Bruce also runs the eight-reactor Bruce A and Bruce B generating stations in Ontario. The plants produce 4,700 MW now and will add another 1,500 MW after two units are refurbished.
Hawthorne said the company agreed to acquire Energy Alberta because the firm had already begun the process of getting approvals for siting the project, saving Bruce Power six to nine months of work.
The acquisition gives Bruce Power exclusive rights to use Atomic Energy of Canada Ltd's Candu reactor technology in the province. Bruce Power also plans to study the feasibility of using the reactors to produce hydrogen in off-peak hours.
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Nunavut's electricity price hike explained
Nunavut - Ahead of the Nunavut government's approval of the general rate increase for the Qulliq Energy Corporation, many Nunavummiut wondered how the change would impact their electricity bills.
QEC's request for a 6.6-per-cent increase was approved by the government last week. The increase will be spread out over two years, with the first increase (3.3 per cent) effective May 1, 2018. The remaining 3.3 per cent will be applied on April 1, 2019.
Public housing units, however, are exempt from the government's increase altogether.
The power corporation also asked for a territory-wide rate, so every community would pay the same base rate…
