Clean, reliable nuclear energy will continue to be the backbone of
Ontario's electricity supply
TORONTO, Feb. 18 /CNW/ - The Organization of CANDU Industries (OCI)
applauds the government of Ontario's continued commitment to maintain
the province's nuclear fleet as the backbone for base load electricity
supply. The announcement today about the Minister of Energy's directive
to the OPA to secure base load nuclear power for half of Ontario's
power supply means greater energy security, cleaner air and increased
reliability for electricity consumers.
"The Ontario government's commitment to nuclear power is great news to
the thousands of men and women working in Canada's nuclear industry,
and great news for Ontario businesses and consumers who depend on
clean, reliable and reasonably priced electricity," says OCI General
Manager David Marinacci. "We are now urging the government to forge
ahead and negotiate terms for the two new units so Canada's nuclear
industry can maintain its competitive position for other opportunities
in the marketplace."
Canada has been building reactors around the world almost continuously
since the 1980s. This steady pipeline of business has kept our nuclear
supply chain companies vibrant and fully mobilized. The strength of the
Canadian supply chain is a considerable asset that will be enhanced by
quick decisions by the Ontario government to build new reactors here in
The Canadian nuclear industry is a $6.6 billion a year industry,
generating more than $1.5 billion in federal and provincial revenues
through taxes, and more than 70,000 direct, indirect and spin-off jobs.
The Canadian Energy Research Institute (CERI) recently reported that
Canada's exports of nuclear related materials and services totalled
approximately $1.2 billion in 2008.
The Organization of CANDU Industries (OCI) represents more than 160
Canadian companies supplying goods & services for CANDU reactors in
domestic & export markets. OCI companies provide engineering services &
manufactured components for the CANDU industry and although it
functions separately from design authorities & utilities, OCI members
participate in design, manufacture, construction & commissioning of
CANDU plants here at home and abroad.
SOURCE Organization of CANDU Industries
For further information:
Organization of CANDU Industries