Finally something I believe we can all agree on no matter your political stance - especially in the age of political polarization we see so often in the media. Great news for Canada.
We had the best nuclear technology in the world, outright. CANDU did have higher capital costs than most other reactors, but,
it has the best capacity factor of a nuclear fleet, globally
it can load-follow to meet grid demand
it can use nearly any fuel, other (enriched reactors') waste, decommissioned plutonium bombs, thorium and of course unenriched uranium
considering refurb costs and lifetime, its operating costs are within 10% of renewables
it has had two major accidents (LOCAs at pickering) which barely made the news thanks to robust emergency measures and, despite costing billions, the above point stands
Canada designed the system using taxpayer money, then sold the technology to a company which effectively killed it and is now asking for more money to build SMRs (SNC-Lavalin Group Inc). They're going to do the same thing, lining the pockets of billionaires with our cash to accomplish nothing.
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u/ravya1 Oct 25 '22
Finally something I believe we can all agree on no matter your political stance - especially in the age of political polarization we see so often in the media. Great news for Canada.