Torrie Smith’s analysis finds that there are major advantages to proceeding with decommissioning work immediately rather than following OPG’s proposed approach of leaving the plant dormant for 30 years before proceeding. The first advantage is cost and cost certainty. Torrie Smith calculates that direct decommissioning can save $800 million to $1.2 billion on the total cost of decommissioning, in part by avoiding the costs of securing and maintaining the site for 30 years. It also ensures that the financial risk of a first-of-its-kind project is not pushed forward for 30 years, but dealt with today.
Clean Air Alliance 30th March 2016 read more »