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Author: bytepusher Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 64279  
Subject: Re: Electricity Generating Gurus??? Date: 11/4/2003 11:18 AM
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I'm not convinced.

I am, the last new nuke built in the US started out with a price tag of $750M. For various reasons by the time they finished it it wound up costing $8B and the plant was smaller than the original design. The situation in the US has gotten worse not better. All other considerations aside one can sum up the arguments against any more nukes in the US in two words "liability insurance"....In Canada the only juristication that could afford the capital investment at this point is Ontario and again, I can sum the impediments to that up in one word "Darlington"...

New technology, smaller, safer local nuclear power plants

Like Darlington? Sorry, there are no great leaps here, there are some incremental improvements possible but not a lot...the CANDU heavy water reactor is, I'm convinced, the safest design in the market but it is less safe than its original design goals. Simple fact of the matter is that what we've learned about nuclear power in Canada since Pickering A was designed in the 60's is that it's a LOT more expensive to build and maintain than we previously thought, and this is getting worse and not better and furthmore it's marginally less safe than we thought it would be...

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