No injuries reported at Atikokan Generating Station
The cause of the event is under investigation. Local emergency crews, assisted by the station emergency response team responded to the emergency and work is now underway to repair the damage.
Ontario Power Generation Inc. is an Ontario-based electricity generation company whose principal business is the generation and sale of electricity in Ontario.
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IEA: Electricity investment surpasses oil and gas for the first time
LONDON - Investments in electricity surpassed those in oil and gas for the first time ever in 2016 on a spending splurge on renewable energy and power grids as the fall in crude prices led to deep cuts, the International Energy Agency (IEA) said.
Total energy investment fell for the second straight year by 12 per cent to US$1.7 trillion compared with 2015, the IEA said. Oil and gas investments plunged 26 per cent to US$650 billion, down by over a quarter in 2016, and electricity generation slipped 5 per cent.
"This decline (in energy investment) is attributed to two…
