Ontario Suspends Building of New Nuclear Plants
Earlier this month, the government of Ontario (Canada’s largest province by population) suspended the process for the building of two new nuclear reactors, citing skyrocketing costs and responsibility to taxpayers as the main deterrent.
“Emission-free nuclear power remains a crucial aspect of Ontario’s supply mix,” Smitherman said Monday. “Unfortunately, the competitive bidding process has not provided Ontario with a suitable option at this time.”
The proposed 10 year, multi-billion dollar project may eventually be restarted, but government spokespeople confirmed that all bidders have been asked to extend their proposals indefinitely.
