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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 06:01 PM
Original message
Worry about 2 Ontario reactors cost overruns (already expected to cost $26B Canadian)
Edited on Sat Feb-20-10 06:07 PM by kristopher
Last year...
AECL concerned about Ontario reactor cost overruns

June 10, 2009 by admin

As Ontario comes close to deciding who it will pay $20 billion to build two new nuclear reactors, the Canadian bidder is already worried that it will face large cost overruns. The warnings are contained in the secret documents left by a former member of Natural Resources Minister Lisa Raitt’s staff at CTV’s Ottawa bureau recently.

In the documents is a page dealing with the bid by Atomic Energy Canada Ltd. (AECL), which hopes to win the contract. On that page is the following statement: “… There is the risk there could be large cost overruns.” It goes on to say that certain conditions the federal government imposed on AECL “have resulted in the AECL consortium submitting a highly-priced bid.”

Ontario would be likely to ask AECL to lower its price, it said.

The last nuclear plant constructed in Ontario was the Darlington project, which went over-budget by about $15 billion when it was finally opened nearly 20 years ago. Ontario’s hydro customers are still playing off that debt...

http://www.nuclearcounterfeit.com/?p=978



Now...
Ont. admits expiry of AECL nuclear bid a problem

Updated: Wed Feb. 17 2010 4:56:20 PM

The Canadian Press

TORONTO — Ontario's plans to build two new nuclear reactors could suffer yet another delay this month with the expiration of the only bid accepted by the province, from Atomic Energy of Canada Ltd., the government conceded Wednesday.

The province announced in 2006 that it wanted to build two new nuclear reactors to supply electricity, and eventually rejected two foreign bids, from AREVA of France and Westinghouse of the United States, in favour of Atomic Energy of Canada Ltd.

Ontario also found AECL's bid was far too expensive -- at a reported $26 billion -- and has been trying to negotiate a better contract. That's been difficult since the federal government decided to restructure the nuclear agency, said Premier Dalton McGuinty.

"The federal industry is up in the air and we're not exactly sure where it's going, who's going to end up owning it." McGuinty told reporters...
http://toronto.ctv.ca/servlet/an/local/CTVNews/20100217/Darlington_costs_100217/20100217/?hub=TorontoNewHome
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 06:21 PM
Response to Original message
1. Gee, who would unrec this?
I gave it a rec and it still has <0 recs.
So there were at least two unrecs.

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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 06:25 PM
Response to Reply #1
2. There are a few topics which seem to garner knee-jerk unrecs...
This appears to be one of them.
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 09:03 PM
Response to Reply #2
6. It's up to +7 now. (NT)
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 10:15 PM
Response to Reply #6
7. Now it's down to +6
so it got at least another unrec.
There seems to be a group of people who are trying to hide this information.
What could possibly be motivating them?

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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 01:32 AM
Response to Reply #6
9. Down to +5. (nt)
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 12:55 PM
Response to Reply #6
15. Down to +4, which pushes it off the Greatest page.
Mission Accomplished!

From the "On The Fence" section of the "Top Tens" page:
Environment/Energy
Worry about Ontario 2 reactors cost overruns (already expected to cost $26B Canadian)
61% recs / 39% unrecs : 14 replies : By kristopher


How many recs and unrecs were there?
A simple problem of two equations with two unknowns.

1) recs - unrecs = 4
2) recs = .61 (recs + unrecs)

recs - unrecs = 4
so unrecs = recs - 4

Substituting into equation 2:

recs = .61 (recs + unrecs)
so recs = .61 (recs + (recs-4))

recs = .61 (2 recs - 4)
recs = 1.22 recs - 2.44
.22 recs = 2.44
recs = 2.44 / .22 = 11

unrecs = recs - 4 = 11-4 = 7

so 11 people rec'ed this, and 7 people unrec'ed it.

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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 03:55 PM
Response to Reply #6
22. Back up to +6
Edited on Sun Feb-21-10 03:56 PM by bananas
It's no longer on the "On the Fence" page, so can't tell absolute numbers.
But it got at least 2 votes to go from +4 to +6, so there are at least 13 people who rec'ed this, and at least 7 trolls who unrec'ed it.


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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 03:57 PM
Response to Reply #22
23. Sell!
;-)
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Zoeisright Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 06:40 PM
Response to Reply #1
3. Nuke nuts can't stand hearing how much these plants cost.
Or about the overruns on cost, or how the poison they product is uncontrollable.
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 09:24 AM
Response to Reply #3
10. Just keep saying: "Too cheap to meter! Too cheap to meter! Cheep, cheep, cheep!"...
Edited on Sun Feb-21-10 09:26 AM by Tesha
...like they do and keep repeating mantras like this.

'Cause without huge government subsidies (in both overt and
covert ways), *NOBODY* would ever consider building an
enriched-uranium fission power plant nowadays.

And that's just considering the economics of the white elephant.
No civilization with a conscience would ever create a legacy of
nuclear waste such as is produced by fuel mining, enrichment,
and disposal.

Tesha
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Feb-20-10 06:40 PM
Response to Original message
4. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 08:02 PM
Response to Original message
5. Yeah, we're still getting the surcharges on our Hydro bill
Ontario Hydro has lost so much money, they're charging EVERYONE for the cost overruns for these nuke plants.

As you can imagine, nuke plants aren't popular even with the people who AGREE with nuclear power.
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OnlinePoker Donating Member (837 posts) Send PM | Profile | Ignore Sun Feb-21-10 09:32 AM
Response to Reply #5
12. When I lived in Ottawa in '96-'03
I lived in a suburb called Nepean. They had their own hydro company called (not surprisingly) Nepean Hydro. The company was debt free and a not for profit organization. We paid for the electricity we used at market rates and for the local infrastructure. The Mike Harris government forced the amalgamation of all local hydro authorities into a conglomerate called Hydro One (is it back to being called Ontario Hydro now?) and we started getting surcharges on our bills to retire the debt. Overnight, our hydro went from debt free to $36 Billion in the hole, and somehow it was our fault and we had to pay for it.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 11:19 PM
Response to Original message
8. CANDU is a failed design.
The fact that Ontorio would reject cheaper foreign designs in favor of the CANDU design with its massive history or low uptime, failures, complex repairs, and higher costs is very telling.

Natioanlistic pride getting ahead of science.

CANDU was a good experiment often times science requires research into multiple different angles. In this case CANDU was a good experiment that never lived up to its paper potential.

There isn't a single CANDU reactor anywhere that today is safer cheaper, safer, or have higher uptime (capacity factor) than the best "conventional" PWR or BWR. In 1950s when nuclear reactors has capacity factor of 50% the CANDU uptime of 88% was amazing. Today when cheaper, simpler PWR are pushing 92% the larger, more complex CANDU design stuck at 88% uptime is a failure. Throw in the cost of millions of gallons of heavy water and it simply doesn't make sense.

http://en.wikipedia.org/wiki/CANDU_reactor#Economics

Canada seems unwilling to accept this though. So they will keep building them despite nobody in the world willing to buy them anymore.
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 09:29 AM
Response to Reply #8
11. The advantage of CANDU is that it burns un-enriched fuel.
And when one considers the costs of the entire nuclear fuel
cycle, that's still a significant benefit.

This is especially true when you consider that essentially the
same enrichment chain that produces enriched reactor fuel
can produce Highly-Enriched Uranium for nuclear weapons.

If you're not doing *ANY* enrichment, you aren't doing clandestine
production of HEU.

I still have a lot of respect for the CANDU effort.

Tesha
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 10:53 AM
Response to Reply #11
13. The bad news is fuel costs make up about 5% of a reactors lifetime costs.
While enriching "can" leads to HEU. Uranium reactors (including CANDU) produce plutonium as a fission product. Plutonium is a far more effective weapons material than HEU.

The CANDU design made sense in 1960s. The nuclear industry was plauged by downtime and long, slow expensive refeulings. Refueling that should take 2-3 months were taking 6-9 months. The entire time a PWR or BWR is refueling it is producing 0 kwh of energy.

However technology didn't stand still. Refueling times decreased with experience down to about 2 months. Burnup (length of time fuel can be fissioned before refueling) increased dramatically. The combination as well as improved uptime raised capacity factor for US reactors to about 92%.

CANDU reactors in Canada have capacity factor of 88% and around the world it is far lower.

CANDU mades sense in 1960s but it failed to live up to the promise.
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 11:11 AM
Response to Reply #13
14. Another attempt at a circle jerk...
Edited on Sun Feb-21-10 11:25 AM by kristopher
With the nuclear industry every problem is an example of a "failed promise" and something that demonstrates "what we shouldn't be doing"; while they insinuate ("they rejected cheaper bids for nationalism") that there IS an acceptable solution.

However when you sit down and list all of "failed promises" and their solutions, they end up canceling each other out and you are left with nothing but the HUGE bill from yet another political boondoogle that was justified with doubletalk.
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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 01:06 PM
Response to Reply #13
16. Does that cover all the costs associated with spent fuel disposal?
nope

....that will keep costing and costing and costing for centuries.

yup
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 02:10 PM
Response to Reply #16
17. that argument would only apply if the CANDU didn't produce waste...
except it does.

So CANDU reactor no longer makes economical sense.

You can be anti-nukker and still get that point.

Despite your position on nuclear energy you can look at two reactor designs logically and say Reactor A is worse than Reactor B (even if you dislike both A & B).
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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 02:20 PM
Response to Reply #17
18. No, the cost of disposing spent fuel from US light water reactors is >$100 billion and counting
Edited on Sun Feb-21-10 02:52 PM by jpak
That was the cost of Yucca Mountain - and that does not include the cost of disposing the 750,000 metric tonnes of highly toxic and highly corrosive uranium hexafluoride currently housed in thousands of corroding steel casks produced by US uranium enrichment plants to make all the nucular fuel.

nucular sucks all the way

yup



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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 02:23 PM
Response to Reply #18
19. Utilities paid disposal cost.
Edited on Sun Feb-21-10 02:24 PM by Statistical
0.1cents per kWh for last 30 years. The govt has collected $30 billion in disposal fees and not disposed of the waste. If number of reactors remains around 100 that would generate another $80 billion by the time they reach end of life.

Also about half of high level waste is the result of weapons programs, and naval reactor spent fuel neither of which are the responsibility of the utilities.

So you have to consider the cost of any long term storage needs to be seperated out into cold war waste and nuclear energy waste.

The truth is the govt collected billions from the utilities to dispose of the waste and then never did anything with it.
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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 03:00 PM
Response to Reply #19
21. Wrong again - the Nuclear Fuel Fund will generate a maximum of $28 billion over the lives of current
reactors.

Yucca Mountain would have cost >$100 billion - taxpayers would have to pick up the rest.

To make matters worse - dozens of reactor operators are suing taxpayers for >$56 billion to recover the costs of dry cask and spent-fuel-pool storage.

Oh yeah - thanks to Ronald Reagan, taxpayers OWN all spent fuel created by commercial US power reactors.

yup

Things you won't hear on teh FAUX News
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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-22-10 02:03 PM
Response to Reply #21
28. You need to add those two numbers together (and extrapolate)
in order to see your error.

They paid "x" dollars to the government for storage (shorthand)... then they have paid "y" for their on-site storage (that under the plan was not their responsibility - and assuming that the number is accurate).

Take x+y and you're quite close to that $100 billion. Add in "z" (future fees and storage costs" and you're talking about a number far larger than a "mere" 100B
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 05:47 PM
Response to Reply #18
25. That's why I would question 5% as the "fuel" costs of reactors that burn Enriched Uranium.
I expect there are quite a few "off the books" costs that are not
being fully accounted for, many of which are buried in the Federal
Budget.

Tesha
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 05:43 PM
Response to Reply #13
24. Actually, PU239 *ISN'T* effective for the casual bomb builder.
Anybody, even you or I, could build a "gun type" bomb using
Highly-Enriched Uranium. But Plutonium requires an implosion-
type bomb, and it takes much more technical expertise to get that
one right.

As a proof point, note that the gun-type device we dropped on
Japan ("Little Boy") was completely untested, but the design of
the implosion-type device ("Fat Man") had been full-scale tested
at Trinity (Alamagordo).

Tesha
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 09:44 PM
Response to Reply #24
26. The casual nuclear weapons builder?
I understand your point, but I'm not sure that mitigates the danger from plutonium waste very much.

Toxicity and nuclear proliferation by nation-states are at least as significant as casual bomb builders, I'd imagine...
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-22-10 01:49 PM
Response to Reply #11
27. The main issue we face is how to move the world from carbon fuels.
Do you see this design as acceptable for that purpose?
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-22-10 03:37 PM
Response to Reply #27
29. I don't see any fission reactor as acceptable.
But in its day, CANDU was a design that addressed
some of the challenges facing its contemporary peers.

Tesha
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joshcryer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-22-10 03:47 PM
Response to Reply #27
30. The main issue is how to move the world from carbon fuels quickly.
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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-21-10 02:32 PM
Response to Original message
20. Oh well, its only money
whereas our high-consumption lifestyles are non-negotiable, of course.
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Nihil Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-23-10 05:46 AM
Response to Reply #20
31. Ding!
> Oh well, its only money
> whereas our high-consumption lifestyles are non-negotiable, of course.

Brief yet accurate.
:hi:
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