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Nuclear Power: Where’s the Business Case?
Nuclear Power: Where’s the Business Case? cover

What kind of Ontario do you want to live in? What type of legacy do you want to leave your children, and future generations? What role will energy fill in that future? How can we make our energy system more sustainable?

The International Energy Association has concluded that the biggest challenge facing a more integrated, distributed and sustainable energy system is the unfair competitive advantage created by heavy subsidies for conventional energy.

The Ontario Power Authority has finalized its draft of a 20-year plan to build new generation, upgrade the power grid, and invest in energy efficiency. This plan would formally allocate almost 50% of the Ontario ‘market share’ to nuclear generation for several decades.

The provincial finances are in grave shape. Higher health care and education costs are looming. There are precious few public dollars to spare. This is the worst time to commit half of Ontario’s future generation to nuclear, and take on decades more of public debt.

Read the full report

References:

For data referenced regarding nuclear cost overruns please refer to the following documents by the Ontario Clean Air Alliance:
The Darlington Re-Build Consumer Protection Plan by by Ontario Clean Air Alliance (Appendix A) (PDF)

Ontario's Stranded Nuclear Debt: A Cautionary Tale

For information regarding the proposed supply mix and the 50% nuclear set aside please refer to the proposed Long Term Energy Plan on the Ontario Power Authority's website:
http://www.powerauthority.on.ca/long-term-energy-plan

For information about the Ontario Feed-in Tariff program refer to:
Ontario Power Authority's feed-in tariff webiste

A Renewable World: Energy, Ecology, Equality by Herbert Gradet and Miguel Mendoca of the World Future Council

The graphs used in the report are from the following sources:
Page 2 - Estimate vs. Actual Cost for New Build Nuclear Projects ($Millions) by Ontario Clean Air Alliance (PDF), Appendix A

Page 2 - Estimate vs. Actual Cost for Nuclear Refurbishment Projects ($Millions) by Ontario Clean Air Alliance
(PDF), Appendix A

Page 3 - Annual Payments to Service and Pay Downs the Stranded Debt and Outstanding Balance by Ontario Clean Air Alliance (PDF)

Page 4 - Annual world nuclear reactor construction by World Watch

Page 11 - Solar's Great Leap Forward by Technology Review

Page 11 - Illustrative Nuclear Facility Construction Cost Index by Power Advocate

For information on the CANDU reactor design flaw refer to:
Technical Note: Positive coolant void reactivity feedback phenomenon in currently operating CANDU reactors

Related Downloadable Files
Adobe Acrobat Nuclear Power: Where’s the Business Case?
[1,436,870 bytes]
Published: December 2011
Adobe Acrobat Ontario must phase out all power subsidies – says Ontario Sustainable Energy Association
[1,250,961 bytes]
Press release
Toronto ON Dec 09, 2011
Adobe Acrobat CNSC - Technical note on positive coolant void reactivity feedback phenomenon
[120,819 bytes]
Canadian Nuclear Safety Commission
Technical Note: Positive coolant void reactivity feedback phenomenon in currently operating CANDU reactors
E-DOCS #3399585
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