To kick off the New Year, Ontario Power Generation (OPG) has applied to the Ontario Energy Board for a whopping 72.6% increase in the price it is paid for nuclear power.
OPG says it needs to almost double what it charges for power from its nuclear plants starting in 2027 to pay for building new reactors at the Darlington Station and to rebuild the long-past-its-prime Pickering Nuclear Station.
This application really confirms that these projects are among the most expensive ways to meet our need for electricity. We could expand solar, wind and storage at a fraction of the cost and avoid seeing our power bills go through the roof.
But the Ford government is pushing forward with a laundry list of insanely expensive nuclear projects instead – with no real idea what these projects will cost.
The post Massive increase in nuclear power rates. Welcome to 2026! appeared first on Ontario Clean Air Alliance.
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