New Niagara hydro tunnel finally opens:
Good news/bad news story in Niagara Falls today (March 22, 2013). I’m surprised there hasn’t been more media coverage. According to the Toronto Star,
A new hydro tunnel at Niagara Falls officially gushed water today, cranking up electricity production at the Sir Adam Beck Generating Station
…
That will produce enough extra power to light up a city the size of Barrie.
Yay!
But:
The project was budgeted for $985 million, but the final bill came in at $1.6 billion — costs that will ultimately be borne by electricity ratepayers.
Yeesh.