Economy let us delay nuclear plan, says premier


NFPA 70E Training

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$199
Coupon Price:
$149
Reserve Your Seat Today
The worldwide recession has made it easier for Ontario to shelve plans for costly new nuclear reactors, admits Premier Dalton McGuinty.

McGuinty, whose government announced it was putting off a $20 billion expansion of the Darlington nuclear station, said "we have more breathing space than we originally thought" before new energy generation capacity is needed.

"The estimates that our best experts gave us three and four years ago are pretty different from those that we're getting right now," the premier told reporters at Georgian College.

"We didn't factor in the single greatest global economic recession in the past 80 years," he said.

That has led to more and more manufacturers and mills in the province shutting down and shaving demand for electricity.

"We've had a massive slowdown in economic growth. I think every year for the last four years we've required less and less electricity – not more, less," said McGuinty.

"Now that will turn around, there will be an increase in demand. We cannot meet all of that through renewables (like hydro, wind, and solar power) and aggressive conservation programs.

"There will be a need for more electricity."

McGuinty said federally owned Atomic Energy of Canada Ltd. is "the front-runner but definitely not the clear-cut winner based on the price" if and when any new nuclear reactors are eventually built.

The premier said his staff has been in touch with Prime Minister Stephen Harper's office in hopes that Ottawa, which is trying to sell AECL's reactor business, will help Ontario pay for new atomic needs.

Related News

New Electricity Auctions Will Drive Down Costs for Ontario's Consumers

IESO Capacity Auctions will competitively procure resources for Ontario electricity needs, boosting reliability and resource…
View more

Electricity use actually increased during 2018 Earth Hour, BC Hydro

Earth Hour BC highlights BC Hydro data on electricity use, energy savings, and participation in…
View more

BC residents split on going nuclear for electricity generation: survey

BC Energy Debate: Nuclear Power and LNG divides British Columbia, as a new survey weighs…
View more

EU draft shows plan for more fixed-price electricity contracts

EU Electricity Market Reform advances two-way CfDs, PPAs, and fixed-price tariffs to cut volatility, support…
View more

Report call for major changes to operation of Nova Scotia's power grid

Nova Scotia Energy Modernization Act proposes an independent system operator, focused energy regulation, coal phase-out…
View more

Electricity Demand In The Time Of COVID-19

COVID-19 Impact on U.S. Power Demand shows falling electricity load, lower wholesale prices, and resilient…
View more

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

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Download the 2026 Electrical Training Catalog

Explore 50+ live, expert-led electrical training courses –

  • Interactive
  • Flexible
  • CEU-cerified