Russia to build nuclear plant in Kaliningrad
Rosatom chief Sergei Kiriyenko inked the deal on August 27 for the construction of the plant about 120 km from the capital of the Baltic Sea exclave between Poland and Lithuania.
The plant will have two reactors with a total capacity of 2300 MW by the first stage of construction in 2015. When plans for the plant were announced in April, Kiriyenko highlighted the export potential of the project.
The Rosatom head also said the company was prepared to allow up to 49 per cent of the plant to be held by foreign investors. But the plan for a nuclear plant in the European enclave has provoked protests among neighbouring countries over environmental and safety concerns.
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Ontario's electricity 'recovery rate' could lead to higher hydro bills
TORONTO - A new provincial COVID-19 measure, designed to give Ontario ratepayers "stability" on their hydro bills this summer, could result in slightly higher hydro costs over the next four months.
Ontario Premier Doug Ford's government announced over the weekend that consumers would be charged a single around-the-clock electricity rate between June and November, replacing the much-derided time-of-use model ratepayers have complained about for years.
Instead of being charged between 10 to 20 cents per kilowatt hour, depending on the time of day electricity is used, hydro users will be charged a blanket rate of 12.8 cents per kWh.
"The new rate will…
