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Ontario, Canada's economic hub, announced Monday the suspension of its plan to build two new nuclear reactors, citing concerns about vendor Atomic Energy Canada Limited's viability, and pricing. The provincial government said AECL's bid to build the two new nuclear power plants at its Darlington station, 43 miles (70 kilometers) east of Toronto, by 2018 was the only one to meet its terms and objectives. The project was to be the first step in the modernization of Ontario's aging nuclear fleet. France's Areva and Westinghouse Electric Company, a subsidiary of Japan's Toshiba, had also bid on the project in February.

The cost to build a new nuclear power plant in Texas has risen to $10 billion, up from early estimates, but much below price tags of other proposed U.S. nuclear projects, an executive with NRG Energy Inc's nuclear development arm said on Tuesday. The "all in" cost to build two 1,350-megawatt nuclear reactors in South Texas has risen 40 percent from 2006 estimates which did not include financing costs, Steve Winn, chief executive of Nuclear Innovation North America (NINA), told the Reuters Global Energy Summit. While higher, NINA's current estimate is more than $10 billion under estimates from other nuclear developers that operate in states where regulators determine how much money utilities can charge customers for new power plants.