Well, this bigwig is saying that the credit crisis is going to impact the unbelievable splurge in new nuclear plants. I would say that this would affect the job situation of geologists, except that they never use them!
The US was going to offer loan guarantees for the first 3 plants, but without credit, this would be useless. Meanwhile, back at the ranch (Ontario), this offers us great opportunities. We can just buy a reactor reservation from a failed US bid, and install a 'real' reactor (AP1000), instead of going for the local wannabe. The only trouble is that neither Ontario site has enough room for 4 AP1000's. They are forced to go with AECL, with their high-risk, new engineering, super squished design.
I forgot to mention that this makes Bruce C and Alberta even more of a wild fancy, since they have been relying on pension funds (Ha, Ha!)
ReplyDelete