Refurbishment plan rejected

3 November 2002

A plan to spend around $553 million to refurbish the 20-year-old Point Lepreau plant in New Brunswick has been rejected by the New Brunswick Public Utility Board (PUB) because of the high economic risks.

Ken Little, vice president for regulatory affairs for New Brunswick Power, said the PUB had failed to take into consideration "development criteria such as the environmental advantages of the refurbishment, particularly in controlling CO2 emissions." New Brunswick Power is proposing to retube the reactor and refurbish other components in order to extend the plant's life to 2032.
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