Sunday, February 10, 2008  ACR1000 slated for New Brunswick
province  Go ahead for reactor depends on the financial future
of AECL  The Toronto Globle & Mail reports that a consortium of
private sector companies is teaming up with Atomic Energy of
Canada Ltd. (AECL) to finance and build an ACR1000 reactor in
New Brunswick. It will be a test of a new ownership model for
Canadian nuclear plants. It also would involve first-of-a-kind
construction of a reactor which is still in the design stage.
The cost of the new reactor has yet to be determined, but the
consortium that wants to build it will have to balance these
factors and more.  The project at Point Lepreau, N.B., would
mark the first time in the Canadian marketplace that a reactor
consortium financed the construction of a plant and continued to
own it while selling the power to the utility customer. The
province supports the construction of the 1,100 MWe reactor,
which would supply both domestic and export markets.  New
Brunswick Energy Minister Jack Keir