[p2p-research] the Ontario government has shelved its nuclear power plans

[Michel Bauwens]

Turns out Amory Lovins has not been debunked as much as some people think:




Tyler Hamilton, energy reporter for the Toronto Star, reported
yesterday<http://www.thestar.com/comment/columnists/article/665644>that
the Ontario government has shelved its nuclear power plans because the
bid it received from Atomic Energy of Canada Limited to build two new
reactors came in three times higher than expected.

The bid to build two reactors by AECL was $23.3 billion dollars, a pretty
penny no matter how you slice it. More importantly, the construction costs
work out to about $9,865 per kilowatt of electricity generating capacity.

For comparison purposes, a Lazard study from
2008<http://www.narucmeetings.org/Presentations/2008%20EMP%20Levelized%20Cost%20of%20Energy%20-%20Master%20June%202008%20%282%29.pdf>looking
at the costs of different energy generation technologies has
concentrated solar thermal topping out at $6,300 per kilowatt.


http://www.salon.com/tech/htww/2009/07/15/the_ridiculously_high_cost_of_nuclear_power/?source=newsletter


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