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.
Related News
Beating Covid Is All About Electricity
Hydropower Plants to Support Solar and Wind Energy
Washington State's Electric Vehicle Rebate Program
USA: 3 Ways Fossil Energy Ensures U.S. Energy Security
Fish boom prompts energy conglomerate to spend $14.5M to bury subsea cables
Biggest offshore windfarm to start UK supply this week
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue