Source: Bruce Power
Cassandra Kyle, Saskatchewan News Network; Canwest News ServicePublished: Wednesday, June 18, 2008
SASKATOON -- A feasibility study into the potential for a nuclear energy plant in Saskatchewan will be complete by the end of the year, according to the president and CEO of Bruce Power LP, a nuclear power producer in Ontario.
The announcement of the study on Tuesday is the first step in the company's Saskatchewan 2020 initiative, a plan to find potential plant locations, gauge public opinion, evaluate the customer base and decide whether or not to build the province's first nuclear power plant. Bruce Power's Duncan Hawthorne, who made the announcement in Saskatoon, said the province's growing need for energy and availability of uranium are key factors in the company's decision to look west.
"I think we take the view that the market can support the introduction of a nuclear plant. How much and how that plant enters the market is really a function of the feasibility study," Hawthorne said.
The company is already considering a 4,000 megawatt plant in Alberta's Peace Country, but Bruce Power's feasibility study in Saskatchewan doesn't mean its project in Alberta will not continue.
"People, I think, will read this as an either-or situation and I don't see it as that. When you look at the demand growth potential in both Alberta and Saskatchewan you can easily form the view that you can do both," Hawthorne explained, adding the company has not singled out any potential sites in Saskatchewan.
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