Could a new nuclear reactor double or triple electricity rates in New Brunswick?

The NB Power Review Panel report recommended considering building a new large nuclear reactor at the Point Lepreau site in New Brunswick. Based on recent experience in other jurisdictions, a new large reactor of the types likely to be considered for Lepreau could cost between $15 and $26 billion. That would be a far higher capital expenditure than the original Point Lepreau reactor, which itself came in at more than $5 billion in 2026 dollars. Read the story by Mark Winfield from York University and Susan O’Donnell, CRED-NB core member. Published by the NB Media Co-op, HERE.