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
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
Government-owned utilities have a costly, longstanding habit they can’t seem to kick: megaprojects. Continue reading Government’s mega utility projects spell mega-ruin
Canadian consumers and governments are straining to keep up with the costs of large electricity generating projects being constructed by publicly owned utilities.
Government-owned power utilities across Canada are pushing ahead with multi-billion dollar megaprojects, while undermining the regulators put in place to protect consumers from such reckless behaviour, according to a new analysis from the Consumer Policy Institute. Continue reading How megaprojects bankrupt public power utilities and leave regulators in the dark: report
Ontario is repeating its failed public power experiment. Continue reading Ontario’s public power failure redux
Ontario Power Generation (OPG) is confident that its new megaproject will do the impossible: come in on time and on budget. Continue reading This time is different: OPG says its megaproject not like the others