Ontario must spend $40B fixing nuclear plants, $30B more on wind power, report declares...
Toronto: A provincially appointed body is recommending Ontario refurbish or replace its fleet of 12 nuclear power plants at a cost of $30 billion to $40 billion, according to a report released yesterday.
It also recommends transforming Ontario into a North American leader in the use of wind technology, bringing the total projected cost to about $70 billion.
The Ontario Power Authority (OPA) report warns Ontario will face a massive energy shortage when the government makes good on a promise to phase out Ontario's four remaining coal plants by 2009. At the same time, existing nuclear plants will also have to be taken out of service if they are not upgraded in about 10 years, leaving Ontario with an energy gap of about 24,000 megawatts by 2025, equivalent to 80 per cent of the province's current capacity.
