B&W Canada will provide engineering, tooling development, training and site work at Bruce nuclear plant
Agreement could lead to Candu, China National Nuclear Corp. building nuclear power plants that use recycled uranium
Britain will guarantee all loans for the project’s construction and grant a fixed above-market electricity price for 35 years
Plan is meant to encourage power grid modernization, innovation
Electricity production reduced to 35 per cent capacity; utility forced to find other power sources
But two fuel storage pools remain without
Fukushima disaster revealed lack plans to counter terrorism
Solution includes construction of two new reactors in Ontario, others internationally
Canada is sitting on a gold mine of nuclear fuel and rare earths, says researcher
Says it feared consequences of new safety measures.
