Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, October 31, 2011

The Canadian Electricity Infrastructure Deficit

The Canadian Electricity Infrastructure Deficit

It’s time for Canadians to focus on the urgency of making multi-billion-dollar investments to upgrade, repair and expand the electricity infrastructure across Canada.Capital investment in electricity infrastructure declined dramatically in the 1990s.  After reaching a peak of $15 billion in 1991, investment fell rapidly to just $5.3 billion in 1997 as a result of overcapacity, poor economic conditions and electricity prices that had outpaced inflation as the new facilities built in the prior ten years caused rates to rise. 

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