Bruce Power to invest $13 billion to refurbish nuclear station on Lake Huron
[ http://www.thestar.com/news/queenspark/ ... -jobs.html ]
December 3, 2015
“The agreement makes 23,000 jobs possible and supports an estimated $6.3 billion in annual, local economic development,” Energy Minister Bob Chiarelli said Thursday.
By: Robert Benzie Queen's Park Bureau Chief, Published on Thu Dec 03 2015
Privately owned Bruce Power will invest $13 billion to refurbish the world’s largest nuclear station.
In a first for Ontario, the company will assume all the financial risk from any cost overruns in the overhaul of six of Bruce’s eight reactors on Lake Huron that is to begin in 2020.
While that is four years later for a refurbishment expected to start in 2016, the delay is because the company has determined there is additional life in the reactors, the oldest of which were built in the 1970s.
“The agreement makes 23,000 jobs possible and supports an estimated $6.3 billion in annual, local economic development,” Energy Minister Bob Chiarelli said Thursday.
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Upgrades for Darlington, Bruce nuclear plants expected to create 25,000 jobs, could take 15 years to complete – December 5, 2015
[ http://www.durhamregion.com/news-story/ ... -years-to/ ]
Clarington This Week December 5, 2015
DURHAM -- Ontario is finally giving its aging nuclear fleet a multibillion-dollar facelift.
"The planned refurbishments will create almost 25,000 jobs and generate $5 billion annually in economic activity," Premier Kathleen Wynne said Wednesday.
"We're moving ahead with significant steps right now to ensure that the refurbishment of Darlington and Bruce are done right. So that refurbishment is in the planning stages."
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