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Though its design is incomplete, nuclear safety regulator says the construction of a new reactor should move forward [Globe and Mail, The (Toronto, Canada)]

GE Aerospace (GE)  More Company Research Source: Globe and Mail, The
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Canada's nuclear safety regulator has recommended that the country's first new power reactor in decades should receive the go-ahead to begin construction, even though its design is not yet complete. At a hearing Wednesday, staff from Ontario Power Generation argued that the Canadian Nuclear Safety Commission should grant a licence to construct a 327-megawatt nuclear reactor known as the BWRX-300 at OPG's Darlington Nuclear Generating Station in Clarington, Ont., about 70 kilometres east of Toronto. The application received unequivocal support from the CNSC's staff, despite the fact that several safety questions remain unresolved. “The level of design information needed for CNSC staff to recommend a licence to construct is not the final design, but the information must be sufficient to ensure that the regulations have been met,” Sarah Eaton, the CNSC's director-general of its Directorate of Advanced Reactor Technologies, said before the commission. It would be the first small [Read more]
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Stockreport

Though its design is incomplete, nuclear safety regulator says the construction of a new reactor should move forward [Globe and Mail, The (Toronto, Canada)]

GE Aerospace  (GE) 
More Company Research Source: Globe and Mail, The
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Canada's nuclear safety regulator has recommended that the country's first new power reactor in decades should receive the go-ahead to begin construction, even though its design is not yet complete. At a hearing Wednesday, staff from Ontario Power Generation argued that the Canadian Nuclear Safety Commission should grant a licence to construct a 327-megawatt nuclear reactor known as the BWRX-300 at OPG's Darlington Nuclear Generating Station in Clarington, Ont., about 70 kilometres east of Toronto. The application received unequivocal support from the CNSC's staff, despite the fact that several safety questions remain unresolved. “The level of design information needed for CNSC staff to recommend a licence to construct is not the final design, but the information must be sufficient to ensure that the regulations have been met,” Sarah Eaton, the CNSC's director-general of its Directorate of Advanced Reactor Technologies, said before the commission. It would be the first small [Read more]
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