Ontario’s Energy Prices are now among the highest in North America, according to Navigant Counsulting Inc. and the Globe and Mail. Ontario power prices rival rates set in U.S. By MARTIN MITTELSTAEDT AND LUMA MUHTADIE, Globe and Mail SOURCE: NAVIGANT CONSULTING Wednesday, September 25, 2002 – Print Edition, Page A20 … Continue reading
Don’t bother fixing the aging, inefficient, costly nuclear plants – shut them down. So says Eric Reguly in a half page opinion piece in the Globe and Mail. By ERIC REGULY – Globe and Mail Tuesday, September 17, 2002 – Print Edition, Page B17 British Energy’s financial collapse was swift, … Continue reading
One activist calls the waste site at the Bruce nuclear plant “A terrorist’s dream come true“. And if the CNSC grants OPG special status for the Western Waste Management Facility, says another, its like guaranteeing the Canadian public will pick up the tab for any accident at the site. (CP … Continue reading
[The article below refers to, among others, Mr. Kevin Kamps. Kamps is a Nuclear Waste Specialist with the Nuclear Information and Resource Service in Washington, D.C. He made a presentation to the Canadian Nuclear Safety Commission hearing (Sept. 12-13, 2002 in Ottawa) concerning an application by Ontario Power Generation to … Continue reading
Bruce Power appeared before the Canadian Nuclear Safety Commission and failed to satisfy the regulator of its ability to meet the fiscal commitments of its license to operate the Bruce nuclear facility. Bruce Power fails to satisfy commission Emergency ‘shutdown’ money in question By STEVEN CHASE AND PAUL WALDIE Friday, … Continue reading
A British Energy press release (PDF) today announced a bailout from the British government of about a Billion $ Canadian. The funds are to provide BE with working capital until Sept. 27. The move comes after a weekend of press coverage of British Energy’s financial plight in the Toronto Star … Continue reading
Sep. 8, 01:00 EDT – Toronto Star Editorial Only two years ago when British Energy PLC took over effective control of the Bruce nuclear facility, the Scotland-based company was riding high. It was strong and it was solvent. But then came last week’s bombshell: British Energy announced that unless it … Continue reading
By PAUL WALDIE Saturday, September 7, 2002 – Print Edition, Page B3 British Energy PLC’s financial problems could cause electricity shortages in Ontario next year and drive up power prices for consumers, analysts warn. British Energy owns 82.4 per cent of Bruce Power LP, which runs eight nuclear reactors in … Continue reading
Sep. 7, 01:00 EDT – Toronto Star Bruce reactors will return to service on time, Ontario says Area residents concerned about financial troubles John Spears and Kate Harries staff reporters Ontario Energy Minister John Baird says he’s seen no signs that the financial trouble of Bruce Power’s majority owner will … Continue reading
Regulator warns Bruce Power Orders financial guarantee from British Energy unit or reactors may be shut down By PAUL WALDIE With files from Bloomberg and Reuters Friday, September 6, 2002 – Print Edition, Page B1 Canada’s nuclear regulator has ordered the operator of Ontario’s Bruce nuclear station to provide a … Continue reading
