QUÉBEC, Oct. 3, 2012 /CNW Telbec/ - Gentilly-2 generating station, which
has been operating safely and reliably since 1983, will stop producing
electricity on December 28, 2012.
In confirming the facility's closure, Hydro-Québec's President and Chief
Executive Officer, Thierry Vandal, highlighted the expertise and great
professionalism of its staff, stating that "the uncertainty surrounding
the refurbishment project in the past few years has never compromised
Gentilly-2's safe, efficient operation. I would like to thank all
employees, and I know that I can count on them throughout the upcoming
phases leading to the facility's decommissioning."
Hydro-Québec assures its employees and their union representatives that
the next stages will be carried out with the expert help of several
staff members and in compliance with existing collective agreements.
In accordance with its licensing conditions, Gentilly-2 will remain in
operation until the end of 2012, following which Hydro-Québec will
prepare the facility for dormancy with a view to its dismantling
several decades from now. These preparations will extend over an
18-month period ending in mid-2014. Among other things, they will
involve defueling the reactor, treating the heavy water and
deactivating several systems.
Once this is done, the generating station will remain dormant for some
40 years, after which the spent fuel will be removed from the site, the
facility dismantled and the site restored. These steps will last until
2062 and will be executed safely, in compliance with existing
Hydro-Québec will also participate in information sessions as part of
the decommissioning process, which will be supervised by the Canadian
Nuclear Safety Commission (CNSC).
The decommissioning of Gentilly-2 will cost $1.8 billion over a period
exceeding 50 years.
Hydro-Québec is releasing its report on the Gentilly-2 refurbishment
project. Based on a detailed analysis, it has concluded that the
project is no longer justified from a financial standpoint.
Several factors have had an impact on the project's business case. Major
problems incurred in similar projects at Point Lepreau (New Brunswick)
and Wolsong (South Korea), along with the uncertainty surrounding the
sale of Atomic Energy of Canada Limited (AECL), led Hydro-Québec to
postpone the start of work several times. Today, in light of the
feedback it has obtained on the complete refurbishment cycle, the
company has reassessed the cost of the project to $4.3 billion. This
corresponds to a unit cost of 12.3¢ per kilowatthour, taking into
account the investment required as well as $2 billion in future costs
related to the spent fuel and long-term decommissioning of the
The increase in project costs, combined with falling market prices, has
prompted Hydro-Québec to recommend to the Québec government that the
generating station be closed.
Hydro-Québec's report on Gentilly-2 is available at www.hydroquebec.com/media.
For further information:
Marie-Élaine Deveault, Press Officer
Tel.: 514 289-4307