NDP Energy critic Peter Tabuns urged the Liberal government to make public the full costs of two bids to build new nuclear reactors, including information about whether taxpayers will be on the hook for cost overruns.
Bids to build two new nuclear reactors next to the existing Darlington nuclear plans were submitted to the government today by Westinghouse and CANDU/SNC Lavalin.
A 2008 proposal to build a new nuclear plant at Darlington was said to total about $26 billion, and hence was abandoned by the McGuinty government.
“The government argues that nuclear power is affordable even though nuclear costs have soared since the Fukishima disaster and every nuclear project in Ontario has gone over budget by millions if not billions of dollars,” said Tabuns. “Ontarians need to know the full costs and terms of the two bids, including who will pay the inevitable cost overruns, so that potentially lower cost alternatives like importing hydro power from Quebec are considered before the government signs another misguided private energy deal.”