Thursday, September 30, 2010

Darlington Nuclear Plant -- The Cost Clairvoyant


Gibbons pointed out Ontario has a bad history of cost overruns concerning nuclear projects. He figures the actual cost of the rebuild could be between $21 billion to $35 billion.

Ted Gruetzner, manager of the power company’s media relations, said the OPG disputes Gibbons’ numbers, adding they are preparing a detailed analysis to figure out the projects future price.

“Gibbons is being a clairvoyant on costs,” Gruetzner said.

I just love this 'War of the Sound Bites'.  I think it's a bit rich, considering that we'll never know the full cost of the Niagara Tunnel 'for commercial reasons'.  

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