New Brunswick Power

Losing power

admin — Wed, 14 Nov 2007 12:53:43 -0500

National Post April 15/2005 read more »

New nuke sinkholes

admin — Wed, 14 Nov 2007 11:43:34 -0500

Financial Post January 14/2005
Atomic Energy of Canada Limited (AECL) has cost federal taxpayers an estimated $17-billion in failed attempts to develop commercially viable nuclear reactors. Even the sales that AECL has made have proven to be wildly unprofitable, going back a generation to its perplexing reactor sale to Argentina, when AECL agreed to price its contract in pesos. Today, the federal Crown corporation is poised to blow more billions.

Lepreau refurbishment review falls short

admin — Wed, 14 Nov 2007 12:55:48 -0500

Refurbishing NB Power's troubled Point Lepreau nuclear power station will cost New Brunswickers $3,373 per household if the assurances issued last week by the former chairman of the now bankrupt nuclear company British Energy hold true. If Ontario's recent nuclear refurbishment experience is repeated, the cost could exceed $9,000 per household.

The "Point Lepreau Refurbishment Review" authored by Dr. Robin Jeffrey, contains serious information gaps and analytical errors. read more »

NB Power CEO appointed to OPG board

rebecca — Sun, 06 Apr 2008 15:21:32 -0400

On Dec. 23, 2003, the new Ontario Liberal government appointed James Hankinson to the board of Ontario Power Generation. Mr. Hankison was the CEO of the provincial Crown corporation NB Power from 1996-2002.

Lepreau retrofit likely – response

admin — Wed, 14 Nov 2007 12:56:58 -0500

Letter to the Editor:

Before New Brunswick commits to a megaproject overhaul of the Point Lepreau nuclear reactor, take a look at the mess with AECL's MAPLE reactor projects and the commercial disaster happening with the Ontario government's Pickering A project.

AECL's MAPLE reactor projects are now over three years behind schedule due to major safety deficiencies and shoddy construction. read more »