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TransCanada considers Alberta nuclear source

30 April 2007 -- TransCanada Corp. said that building a nuclear power plant in Western Canada could be an option in the future, according to published reports.

"The way we look at it, nuclear is primarily an option for supplying electricity demand in Alberta, long-term" Hal Kvisle, president and chief executive was quoted as saying, following the company's annual meeting.

TransCanada is a partner in Bruce Power which runs North America's largest nuclear facility in Ontario.

Talk has continued in recent months about the possibility of building a nuclear power plant in northeastern Alberta to feed energy needs of oil sands projects. However, the operations need more steam than power, which most generate on site. Alberta's coal reserves make it the prime fuel source to produce electricity, despite increasingly stringent environmental regulations.




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