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HomeMy WebLinkAboutHuron Expositor, 2009-07-29, Page 17• News The Huron Expositor. • July 29, 2009 Pct 17 Bruce Power withdraws applications to build two new nuclear stations as electricity demand drops Maria Canton 41111.1101111.0 Bruce Power has withdrawn its ap- plications to build two new nuclear stations, citing the recession and a plummeting demand for electricity as its reasons. The company announced yesterday it had notified the Canadian Nucle- ar Safety Commission and the Ca- nadian Environmental Assessment Agency that it is withdrawing its site licence applications and suspending its environmental assessments for both the Bruce County site and the Nanticoke site on Lake Erie. "It is driven by the economic down- turn. The demand for electricity has dropped precipitously and, as a re- sult of that, the activities around adding new nuclear build to the electricity grid at this stage is not a good prospect," said Murray Elston, vice-president of corporate affairs for Bruce Power. "This is a big decision for us. We've been extremely positive about the initial assessments for both sites and we thought the prospects were good for moving ahead with the new build projects, but we had to take stock of the work we had done, look at the work that 1 was to be done and look at the current busi- ness climate, and we decided to stop until the economy is pro- viding us with better details about energy consumption re- bound." The unexpect- ed announce- ment — Bruce Power has long had ambitious plans to build new reactors in Ontario — domes on the heels of a request last week and an uncertain from the Independent Electricity the reasons. Market Operator for the energy pro- vider to shut down a reactor because of low demand. 4111MBED `It is driven by they economic dove. The demand for electricity has ropped precipitously as a result of that, the divities.arouryl adding new nuclear Wild to the s � w eie gr t this stage is not agood prospect,' -- Murray Elston, Bruce Power vice president of corporate affairs Unit 8 re- mains offline and marks only the second time in the compa- ny's history — the first was in June — that it has shut down a reactor be- cause of low de- mand. Furthermore, the cancella- tions come only a month after the Ontario government halted plans to build new re- actors at Dar- lington, where it cited high costs future as two of While the bulk of energy use has dried up along with the loss of dozens of manufacturing plants in Ontario, a cool, wet summer is also factoring in to poor demand as fewer people are running air conditioning units, Elston added. The plan now is to focus instead on refurbishing units 3-8 at Bruce Power. Units 1 and 2 are now be- ing refurbished and are slated to be back online in earlier 2010 at a cost of upwards of $3 billion. "We'll develop the business cases for each h of the units . , and we have to get approvals for each one and we also have to make sure we stage the work on those units in a way that ensures the province has enough electricity provided," said Elston. The decision to pull the plug on the new reactors, says the.company, will have no impact on its plans to bring nuclear energy to either Alberta or Saskatchewan. Both of those govern- ments are expected to release policy statements on the potential role of nuclear energy there later this year. our new websi e is up & running! book your ad now! F 0,:-;; 26MK9➢SSyy_ Why? Website advertising works! FAST FACTS... • Our the is accumulating over 16,000 viewers per month! • There are over 5, 200 pages viewed on our site per month! • Each advertisement is shown at least 2,600 times per month! • You can place an ad on our site for as little as $2.41 /day. • It will cost as little as $14.42 to have your ad exposed 1000 dynes! M •ti011ett CS•t•reitY . aratwra txi4tsr: • oaroao„arw,• • Marae% •l1MlDA • OMCi tmss • IMM.iOI/t drill[ 1001104 NNW* NO • M4N.Ot' Ndlbt6k 4ASY • 'Moats OP A! • ;sor»Aki. eitid•N • • !'o. ��.y • $ eww is 61ot. + MNArkts. MAMA • lorsilet 4 RSYdY't ANO tICSAIOVIE MO &NAM • tltti rKriE#{ RI ADVANTAGES... ANIMATION: an animated advertisement will be created for you, which will draw a lot of attention. FREE UPDATES: do you have' any monthly promotions you would like to advertise? We can update the text on your advertisement monthly • as a free service. Call Max Bickford to book your spot! 468 x 60 pixels $150/month The banner ad appears at the top of all news pages of the site, with a link to your website or contact page. ,33 6s>43 540sncYa •. WinJ�Y4•&aA PPPAN SSV:p.97655..M.X.W. K1,3514 `00C-60406.K.TR.:4P:441444..P.W4:i'M',519iSRBR)05.W..VM/AW.W..SWAXvA.: 527-0240 or email seaforthads@bowesnet *corn £s: 160 x 80 pixels $ 75/month The ate ads appear vertically down t o centre of all news pages of the site with a link to your website or contact page. There are a total of 36 tile ads which con- tinually rotate within thes' ' t t1