NB
Telegraph-Journal | Readers' Forum
As published on page A9 on May 13, 2005
ENERGY OPTIONS
Nuclear
will put its money where its mouth is - given chance
Gordon Edwards of the Canadian Coalition for Nuclear Responsibility published a
guest column in your paper (May 7). The very first line made the claim:
"when nuclear proponents toss dollar figures around, watch your wallet.
They are experts at costing you more than you ever dreamed of paying."
To counter his arguments, let's take a look at the newest CANDU reactors that
have been built. Cernavoda, Wolsong (2-4), and Quishan (4-5) were brought into
service between 1996 and 2003. All of these six nuclear reactors were built on
time and on budget. The Quishan units were, in fact, under budget and
constructed in record time.
AECL is continuing this record with a second Cernavoda unit which is currently
on-time and, yes, on budget for completion.
Take note that none of these reactors are being built in Canada. Here, reactor
costs have traditionally been high. The difference between here and the
overseas success is plain to see: political manoeuvring and poor business
decisions are the major hindrance to on-time and on-cost nuclear projects.
Consider the Darlington nuclear station in Ontario which almost doubled in cost
from initial estimates. About 40 per cent of the total (or almost all of the
increase) was in interest charges incurred during long, politically motivated
delays.
Closer to today, Ontario's Pickering Unit 1 is on schedule to be returned to
service by September with the only cost increase well within the expected range
for any large capital project - nuclear or not.
Give Point Lepreau the same political backing as the overseas projects, take
the same diligent engineering approach being used on Pickering Unit 1 and the
workers of Point Lepreau will continue to produce their 630 MW of energy
cheaply and safely.
ANDREW DALEY
Toronto