News

Minister Corrects Statement Re: New Multipurpose Reactor

Posted at 06/18/10 - 10:07 AM

The Minister of Natural Resources was quoted incorrectly by a June 14 Ottawa Citizen article, as saying "the estimated $1 billion cost of a new reactor would be an 'irresponsible' investment."

In a June 18 news release, Cheryl Gallant provided the entire statement as follows:

"Canada has some of the greatest minds in the world and we are giving them the tools they need to diversify our sources of medical isotopes and reduce the production of radioactive waste. Canada pioneered the creation of technetium-99 from a nuclear reactor and we are now looking to a new form of production in Canada; one with the potential to create new scientific opportunities and new intellectual property. The Expert Review Panel noted that a research reactor has the lowest technological risk for producing a secure supply of isotopes but recognized that it was the most expensive and least economically viable option. Simply replacing the NRU would not develop the diversity and redundancy that the Panel believed were necessary for security of supply. The estimated $1 billion cost of a new reactor, which does not include the costs of associated processing facilities, and of which isotope production would only ever cover a small fraction, make such an investment irresponsible on the basis of isotopes alone."

This view is compatible with CREATE's vision. CREATE believes that an assessment of the benefits of the R&D missions will show that the costs of a new research reactor are justified. For example, knowledge gained from a multi-purpose research reactor would help Canada to safely extend the operating life of its power reactors and save Canada billions of dollars in electricity generation costs.

 

Author: CREATE
Comments: 64

Your name: 
Your e-mail: 
Your comment: 
Code:  «

 

Previous Posts
TitleDateSeen
CREATE Disbands - March 201503/20/15 - 10:15 AM22252
CREATE spokesperson honored with Queen Elizabeth II Diamond Jubilee Medal05/15/13 - 12:41 PM76927
AECL to move to "GOCO" model03/01/13 - 11:25 AM37731
County and local municipalities support CREATE and Chalk River Laboratories04/16/12 - 05:31 PM56724
In the News: Expressions of Interest in AECL submitted04/12/12 - 05:28 PM54513
CREATE Submits Expression of Interest in AECL03/31/12 - 04:13 PM33208
CREATE Responds to Federal Announcement Over AECL07/03/11 - 09:02 PM38262
Eastern Ontario Wardens Call for Partnership to Support the future Chalk River National Laboratory 04/06/11 - 09:05 PM38788
CREATE Encourages Co-operation Over AECL02/04/11 - 07:19 AM29450
Liberals Claim "Will" to Build Future for AECL12/16/10 - 11:07 AM87036
Senate Bill to Limit Sale of AECL12/01/10 - 10:53 AM36141
Engineers Discuss Opportunities and Pitfalls in AECL Restructuring11/17/10 - 10:44 AM44524
Private Groups Prepare to Bid on a Contract to Operate CRL11/03/10 - 10:26 AM34995
Local Team Sports CREATE Logos08/23/10 - 01:10 PM87708
CREATE Presents to Killaloe-Hagarty-Richards Town Council07/28/10 - 09:06 PM32005
Panel Calls for a New Research Reactor07/15/10 - 11:26 AM27591
Resolution Passed by Renfrew County07/02/10 - 01:13 PM69863
Eastern Ontario Wardens Back CREATE07/02/10 - 09:14 AM47593
Deep River Backs CREATE06/09/10 - 10:49 AM57605
CREATE in the News05/26/10 - 07:56 AM23972
Renfrew County Backs CREATE05/27/10 - 07:26 AM28959
Renfrew to Back CREATE05/23/10 - 07:20 AM35104
Another Reply from the Minister of Natural Resources05/17/10 - 07:26 AM52352
CREATE Endorsed by Head, Clara & Maria05/16/10 - 09:01 PM32516
CREATE to present to Renfrew County Council05/10/10 - 10:05 AM32931
Reply from Minister of Natural Resources05/07/10 - 09:57 AM32894
CREATE presents to the Town Council of Deep River04/22/10 - 07:45 AM26597
News for Facebook Users04/15/10 - 09:09 PM76783
CREATE Responds to Federal Announcement on Medical Isotopes04/06/10 - 07:29 AM45438
CREATE in Capital News Online04/06/10 - 07:15 AM41166
CREATE testifies at Parliamentary Committee04/01/10 - 01:59 PM101807
CREATE in World Nuclear News12/02/09 - 01:58 PM33731
Reply from Jack Layton03/10/10 - 01:51 PM35152
Reply from the Prime Minister02/23/10 - 08:58 AM33363
CREATE's Petition in the News02/11/10 - 09:00 AM30490
CREATE submits report to Natural Resources Canada for Chalk River National Laboratory (CRNL)10/21/09 - 07:00 AM117162
Employees Support a New Concept to Create Chalk River National Laboratory10/01/09 - 07:00 AM50888
Employee Consultation Meetings09/28/09 - 07:32 PM29183
News feed: RSS feed