Ontario nuclear plants could cost up to $294-billion, study finds — more than double the cost of renewables
By
Matthew McClearn
Summary
A new study by Power Advisory LLC estimates that Ontario's proposed Bruce C and Wesleyville nuclear power plants could cost between $221-billion and $294-billion, more than double the cost of expanding renewable energy supply. The report warns that typical residential customers would pay $240 to $456 more per year for electricity if the nuclear plants are built instead of renewables. Both projects, promoted by Bruce Power and Ontario Power Generation, are still in early stages.
Source
bskyOntario nuclear plants could cost up to $294-billion, study finds — more than double the cost of renewablestheglobeandmail.comKey quotes
· 3 pulledOntario's ambition to build two of the world's largest nuclear power plants could cost between $221-billion and $294-billion, more than double the cost of expanding its renewable energy supply, according to a new study.
The estimate by Power Advisory LLC, a consulting and analysis firm focused on the electricity sector, examined the proposed facilities known as Bruce C and Wesleyville.
Typical residential customer would pay $240-$456 more for electricity per year if plants were built instead of expanding renewables, report says
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