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The Energy Debate

Guest post by: The Osborne Group

Article Overview: We discuss the energy debate

The Energy Debate

Ontario has big plans to add electrical generation from new nuclear plants. Governments seem to have forgotten or want to ignore that nuclear is the most expensive way to make kilowatts, over $5000 a kw; takes years to come on line; costs billions; no plant has come in on budget; and government has to be the insurer of last resort. Natural gas plants are relatively simple, cost under a $1000 a kw BUT don’t create mega job numbers. Should Ontario electrical users pay a big rate premium to create nuclear electric jobs?

It is even cheaper and no capital cost to buy kWh’s from Quebec on the new unused grid interconnect but alas, not many Ontario jobs.

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Article Tags: debate, energy, government, Quebec



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