http://www.cleanairalliance.org/fao/
[Welcome to the 'nuclear renaissance', Canadian style. If the facts
don't support your case, substitute convenient fictions and present with
false bravado. In this piece, the Ontario Clean Air Alliance (a
non-profit organization which relies heavily on volunteers) picks apart
the creative fiction paid for by Ontario taxpayers to justify continued
dumping of more taxpayer money into the nuclear fission black hole.
links in on-line article]
November 21, 2017
The Financial Accountability Officer of Ontario (FAO) has issued a
report on the costs of nuclear power that relies on outdated and
incorrect information to draw a highly misleading picture of the risks
of continuing to pursue high-cost nuclear projects in Ontario. This is a
very disconcerting – and highly inadequate — piece of work from an
agency that is supposed to provide an impartial, evidence-based look at
major economic decisions facing the province.
The FAO’s flawed conclusions about the costs of Ontario’s plan to
rebuild 10 aging reactors relies on the following false assumptions:
1. The FAO assumes the price of nuclear power will peak at 9.5 cents per
kWh despite the fact that OPG is seeking to raise its price of nuclear
power to 16.5 cents per kWh to pay for re-building the Darlington
Nuclear Station.
2. The FAO assumes that the cost of importing water power from Quebec
would be 12 to 16 cents per kWh despite the fact that last year Ontario
and Quebec signed a seven-year electricity supply contract for 2 billion
kWh per year at a price of 5 cents per kWh. The FAO also ignored the
fact that this summer Hydro Quebec offered to sell us 8 billion kWh per
year for 20 years at a price of only 5 cents per kWh and that the
average price paid for power exported by Quebec in its most recent
fiscal quarter was 4.2 cents per kWh.
3. The FAO assumes that the nuclear re-build cost overruns will not
exceed 50% despite the fact that every nuclear project in Ontario’s
history has gone massively over budget – on average by 2.5 times. It
also ignores that fact that initial stages of the Darlington rebuild
project are already over budget.
4. The FAO assumes that the cost of increasing transmission capacity
between our two provinces by 3,300 megawatts (MW) would be $2 billion
despite the fact that a May 2017 IESO report said that we could upgrade
our capacity by 4,050 MW for only $1.6 billion – a fraction of the cost
of rebuilding reactors.
