nbsp   How do the economic benefits of nuclear power compare to other sources in Canada?
[A. CANDU Technology] [B. The Industry] [C. Cost/Benefit] [D. Safety/Liability] [E. Waste] [F. Security/Non-Proliferation] [G. Uranium] [H. Research Reactors] [I. Other R&D] [J. Further Info] According to the 1994 Annual Report of Ontario Hydro (now known as Ontario Power Generation Inc.), nuclear power in Ontario currently had a 35% cost advantage over fossil power (average energy costs of CDN$0.05/kWh for nuclear vs. CDN$0.07/kWh for fossil). This cost advantage had increased quite sharply from a 9% advantage in 1990. In 2002 this cost advantage is still evident: a statement by Ontario Power Generation in January 2002 claimed that electricity from the refurbished Pickering A plant (see related FAQ) would cost CDN$0.03/kWh, compared with CDN$0.045/kWh for a new gas-fired cogeneration plant (i.e. one that generates industrial process steam as well as electricity), and CDN$0.05/kWh for a new combined-cycle gas turbine. Price volatility is another concern: these gas prices are based on a