Foreign reactor bids could cause $29M expense

subscribe

The price tag for specialized nuclear consultants will be as much as $29 million if rivals of Atomic Energy of Canada Ltd. bid on Ontario's new reactor contract, documents show.

Canada's nuclear-safety watchdog lacks expertise in the type of light-water reactors made by AECL's competitors and would have to bring in specialists to review licence applications if competitors enter bids.

"It is estimated that there will be two applications with this design requiring outsourced technical expertise at an estimated cost of $29 million over five years," says a memo prepared by the Canadian Nuclear Safety Commission.

Those applications would come from Areva of France and Westinghouse Electric of the U.S.

There are no light-water reactors in Canada – AECL makes Candu heavy-water reactors – so the commission never needed much expertise in the area, says another memo.

Commission spokesperson Aurèle Gervais said the $29 million would not be spent if no firm applies for a light-water reactor licence.

Related News

Germany shuts down its last three nuclear power plants

BERLIN - Germany is no longer producing any electricity from nuclear power plants.

Closures of the Emsland, Isar II, and Neckarwestheim II nuclear plants in Germany were expected. The country announced plans to phase out nuclear power in 2011. However, in the fall of 2022, with the Ukraine war constraining access to energy, especially in Europe, Germany decided to keep these existing nuclear reactors operating for an additional few months to bolster supplies.

“This was a highly anticipated action. The German government extended the lifetimes of these plants for a few months but never planned beyond that,” David Victor, a professor of…

READ MORE

Ontario energy minister asks for early report exploring a halt to natural gas power generation

READ MORE

big batteries to lose out from electricity grid rule

"Kill the viability": big batteries to lose out from electricity grid rule change

READ MORE

power lines

Electricity prices rise more than double EU average in first half of 2021

READ MORE

ev charger

Honda Accelerates Electric Vehicle Push with Massive Investment in Ontario

READ MORE