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Ontario forges ahead with $26.8B nuclear refurbishment in Pickering
The $26.8 billion project will create over 30,000 jobs and extend Pickering reactors' service by 40 years, boosting capacity to power 2.2 million homes.
- Energy Minister Stephen Lecce confirmed the province approved Ontario Power Generation's $26.8 billion plan to refurbish four CANDU reactors at Pickering on Wednesday.
- Energy Minister Stephen Lecce said the move aims to extend Pickering Nuclear Generating Station's life by four decades while boosting GDP and meeting Ontario's growing electricity needs.
- The project is expected to create roughly 30,500 jobs during refurbishment, maintain 6,700 operational jobs, and the government says 90 per cent of project spend will stay in Canada.
- The Canadian Nuclear Safety Commission must still approve the plan, and if granted, Ontario Power Generation will start refurbishment in early 2027 while exploring financing and `financial instruments` to limit ratepayer costs.
- Environmental Defence warns taking Pickering's reactors offline will increase natural gas reliance and greenhouse gas emissions, while the Ontario government had signalled its intent to refurbish earlier this year.
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Ontario forges ahead with $26.8B nuclear refurbishment in Pickering
Ontario's energy minister is announcing that a plan to refurbish four reactors at the Pickering Nuclear Generating Station to get nearly four decades more service out of them will cost $26.8 billion.
·Bradford West Gwillimbury, Canada
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Ontario forges ahead with $26.8B nuclear refurbishment in Pickering
Ontario's energy minister is announcing that a plan to refurbish four reactors at the Pickering Nuclear Generating Station to get nearly four decades more service out of them will cost $26.8 billion.
·Sault Ste. Marie, Canada
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Total News Sources13
Leaning Left6Leaning Right0Center2Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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