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.
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