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Hydro Station Eyed For Maine

10-08-2008

Canadian Riverbank Development Corp. is considering a nuclear plant site in Maine for a $2 billion hydro station, the Lewiston Sun-Journal reports.

The plant - called an Aquabank - would operate in six- to eight-hour bursts and generate 1,000 megawatts of power, more than Maine Yankee used to and more than all of Maine's hydro dams combined. It would make a profit by using power when the price is low and selling when it's high.

The project would be one of the first of its kind anywhere.

For the complete story, click here.

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