Tag Archives: Brady Yauch

A whole new way to screw up hydro is underway in Ontario and B.C.

BC Hydro is following Ontario down a road where the price of electricity is political. Continue reading A whole new way to screw up hydro is underway in Ontario and B.C.

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Provincial finances are worse than they look as politicians hide their megaproject boondoggles

Political leaders are determined to bury the risk of pet megaprojects. Continue reading Provincial finances are worse than they look as politicians hide their megaproject boondoggles

Auditor General rips into the Fair Hydro Plan

Ontario’s Auditor General said the Fair Hydro Plan raises rates in the long-run, contravenes the province’s accounting standards and further erodes the independence of the Ontario Energy Board. Continue reading Auditor General rips into the Fair Hydro Plan

Key project at Darlington nuclear facility hundreds of millions over budget, delayed

A Global News investigation has uncovered a single component of the Darlington nuclear project could cost half a billion dollars, four-times initial estimates. Auditors say project “plagued” by problems. Continue reading Key project at Darlington nuclear facility hundreds of millions over budget, delayed

Another megaproject pushing public utilities to the brink

Nalcor’s Muskrat Falls hydro project will cost more than double original estimates, is years behind schedule and will impose triple-digit rate increases on electricity customers when it starts producing power. Continue reading Another megaproject pushing public utilities to the brink

Megaprojects like Site C bankrupt power utilities

The Site C dam exhibits many of the same traits afflicting other megaprojects: an undermining of the regulatory system, accounting tricks that mask the real cost of the project and an explicit guarantee of a taxpayer bailout.

Continue reading Megaprojects like Site C bankrupt power utilities