5 ms·
Can you provide a citation for the $500B? Because Carney has mentioned federal money in that amount for projects Canada-wide that include "energy" generally, bu
by throw0101c 3mo ago
Can you provide a citation for the $500B? Because Carney has mentioned federal money in that amount for projects Canada-wide that include "energy" generally, but not nuclear specifically.
I did find this (potential?) $100B number on Ontario nuclear energy:
* https://archive.is/https://www.thestar.com/politics/provincial/doug-ford-s-100-billion-bet-why-ontario-is-spending-big-on-nuclear-even-as/article_edb88fbe-6746-4529-bde3-da73b1bc1c62.html https://archive.is/https://www.thestar.com/politics/provinci...
but if you take that number and 'ammortize' it over the average 40-year life span of reactors, it comes to $2.5B/year (in capex), which is about ~1% of the provincial budget. I'm not sure how much raw GW capacity that would add, or how many GWh would be generated annually, to do the math on the per-kWh (capex?) cost.
The article goes over the pros and cons of various points in the energy mix debate.
- bryanlarsen 3mo agoIt was "only" $400B: https://www.theglobeandmail.com/business/commentary/article-how-will-free-spending-ford-pay-for-ontarios-400-billion-nuclear-plans/ https://www.theglobeandmail.com/business/commentary/article-...