October 11, 2013 – This past Wednesday, the Ontario Energy Network (OEN) hosted its October luncheon featuring Colin Andersen, CEO of Ontario Power Authority (OPA)—just one day after the province’s auditor general reported that the cancellation of the Oakville power plant will have a net cost of at least $675 million.

Andersen took the podium, where he addressed the AG report and stood behind the OPA’s estimated cost at $310 million—previously announced in April—and attributed the difference in estimates to different assumptions used to calculate future costs and savings. He also noted the AG report states that 2/3s of the costs and 100% of the savings associated with the Oakville relocation will occur in the future. (Photos A. Dalton)