New reactors would have 'no significant environmental effects'
The environmental impact statement is "another key step towards the potential construction of Bruce C," stated the partnership, which includes Cameco Corp., TransCanada Corp. and the Ontario Municipal Employees Retirement System, along with the Power Workers' Union and the Society of Energy Professionals.
As currently envisaged, the development at the existing Bruce power site near Kincardine would provide 4,000 megawatts of electricity by about 2016 Bruce Power's findings are being submitted to a three-member review panel which will conduct its own analysis and public hearings, then make a recommendation to the federal cabinet.
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Energy groups warn Trump and Perry are rushing major change to electricity pricing
WASHINGTON - A coalition of 11 industry groups is pushing back on Energy Secretary Rick Perry's efforts to quickly implement a major change to the way electric power is priced in the United States.
The Energy Department on Friday proposed a rule that stands to bolster coal and nuclear power plants by forcing the regional markets that set electricity prices to compensate them for the reliability they provide. Perry asked the Federal Energy Regulatory Commission to consider and finalize the rule within 60 days, including a 45-day period during which stakeholders can issue comments.
On Monday, groups representing petroleum, natural gas, electric power and…
