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Which Technology Would You Choose

Which Technology Would You Choose

There are other ways to accomplish the same results at lower prices, and with no danger of nuclear disaster.

One is geothermal power, where holes are drilled to depths where water reaches more than 100 C. This water is used to generate electricity from turbines. The process is sustainable, has a smaller footprint and risks no danger. Then there are microgrids, where communities supply their own electricity with solar panels or wind turbines. Surplus power can be stored in central battery facilities, as backups for off-hours of sunshine and wind.

Ontario Clean Air Alliance estimates that solar power costs between 3.6 to 5.2 cents per kilowatt-hour and wind between 3.3 and 6.4 cents. According to the Canadian Small Modular Reactor Steering Committee, power from a small modular nuclear reactor at Ontario’s Darlington station would cost 16.3 cents per kWh.

If you were investing $970-million, which technology would you choose?

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