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Related: About this forumOntario to indefinitely defer new Darlington nuclear reactors: energy plan
Ontario to indefinitely defer new Darlington nuclear reactors: energy plan
Washington (Platts)--3Dec2013/729 am EST/1229 GMT
Ontario will indefinitely defer construction of two new nuclear power reactors at Ontario Power Generation's Darlington site; back away from firm plans to refurbish operating units at Darlington and Bruce Power's Bruce A site; and may order the shutdown of OPG's six-unit Pickering plant prior to the units' scheduled 2020 closing date, the provincial government said in a long-term energy plan issued late Monday.
The province, which owns OPG, said that advances in energy conservation, enhanced efficiency and a slowdown in electricity demand growth have prompted it to revise a 2010 long-term energy plan that called for building two new reactors at Darlington, as well as refurbishment of 10 units combined at that station and at Bruce A.
In late June, Candu Energy and Westinghouse submitted competing bids to OPG to build two reactors at Darlington, a year after the utility requested these companies bid on the project.
"This represents up to $15 billion in capital investments that are not currently required," the plan said...
Washington (Platts)--3Dec2013/729 am EST/1229 GMT
Ontario will indefinitely defer construction of two new nuclear power reactors at Ontario Power Generation's Darlington site; back away from firm plans to refurbish operating units at Darlington and Bruce Power's Bruce A site; and may order the shutdown of OPG's six-unit Pickering plant prior to the units' scheduled 2020 closing date, the provincial government said in a long-term energy plan issued late Monday.
The province, which owns OPG, said that advances in energy conservation, enhanced efficiency and a slowdown in electricity demand growth have prompted it to revise a 2010 long-term energy plan that called for building two new reactors at Darlington, as well as refurbishment of 10 units combined at that station and at Bruce A.
In late June, Candu Energy and Westinghouse submitted competing bids to OPG to build two reactors at Darlington, a year after the utility requested these companies bid on the project.
"This represents up to $15 billion in capital investments that are not currently required," the plan said...
http://www.platts.com/latest-news/electric-power/washington/ontario-to-indefinitely-defer-new-darlington-26511700
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Ontario to indefinitely defer new Darlington nuclear reactors: energy plan (Original Post)
kristopher
Dec 2013
OP
NDP say Bruce Power got $500 million more than entitled after missing deadline
kristopher
Dec 2013
#1
kristopher
(29,798 posts)1. NDP say Bruce Power got $500 million more than entitled after missing deadline
NDP say Bruce Power got $500 million more than entitled after missing deadline
The Canadian Press
Wed, 4 Dec 2013 12:37:00 CST
TORONTO, Cananda - The New Democrats are demanding answers about a decision by the Ontario Power Authority that they say cost electricity ratepayers up to $500 million.
NDP energy critic Peter Tabuns says Ontario electricity ratepayers were entitled to a rebate of up to $500 million after privately-run Bruce Power missed a key deadline last year, but it was not hit with a penalty in the contract with the government.
Energy Minister Bob Chiarelli says Bruce invoked what's known as a "force majeure" claim, stating that something happened beyond their control that caused the company to miss the contract deadline.
Chiarelli says he doesn't know the details of the incident at the nuclear plant, and he's pretty sure the $500 million figure is wrong, but he doesn't have a correct one....
The Canadian Press
Wed, 4 Dec 2013 12:37:00 CST
TORONTO, Cananda - The New Democrats are demanding answers about a decision by the Ontario Power Authority that they say cost electricity ratepayers up to $500 million.
NDP energy critic Peter Tabuns says Ontario electricity ratepayers were entitled to a rebate of up to $500 million after privately-run Bruce Power missed a key deadline last year, but it was not hit with a penalty in the contract with the government.
Energy Minister Bob Chiarelli says Bruce invoked what's known as a "force majeure" claim, stating that something happened beyond their control that caused the company to miss the contract deadline.
Chiarelli says he doesn't know the details of the incident at the nuclear plant, and he's pretty sure the $500 million figure is wrong, but he doesn't have a correct one....
Ooops, forgot the link for Baggins http://preview.tinyurl.com/l6wf2sc
Chiarelli says he doesn't know the details of the incident at the nuclear plant, and he's pretty sure the $500 million figure is wrong, but he doesn't have a correct one...
Nihil
(13,508 posts)2. If that's the whole story then it is very good news.
> The province, which owns OPG, said that advances in energy conservation,
> enhanced efficiency and a slowdown in electricity demand growth have
> prompted it to revise a 2010 long-term energy plan
i.e., as long as we don't subsequently find that it is actually "enhanced efficiency"
in coal-fired power plants and increased usage of natural gas plants.
If it is user efficiency & conservation that's driving it (combined, obviously, with
the increasing renewable contribution) then it is very good news.