Friday, April 19, 2013

Setting the record straight on affordable, clean nuclear

"Bruce Power sent this letter in response to an article that appeared in the Toronto Star and Metro News on April 18."

We would like to take this opportunity to set the record straight on an article that appeared in the Metro News on April 18 that inaccurately portrayed the cost of nuclear power.
While the report that was cited and commissioned by the Independent Electricity System Operator was accurate, the conclusions drawn by Metro News need to be corrected with further information from the report.
The article cites that nuclear energy contributed to 42 per cent of the global adjustment costs on electricity bills last year and suggests this makes nuclear generation costly to ratepayers– this is not the full story. While the global adjustment cost can be a complicated item to explain in relation to our energy system, this inaccurate conclusion related to nuclear can be easily explained.
Nuclear generation produced 56 per cent of Ontario’s electricity last year. 
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