TIVERTON, ON, Oct. 14, 2016 /CNW/ - Bruce Power extends its congratulations to Ontario Power Generation (OPG) as it officially begins the first of four refurbishments at its Darlington nuclear facility today.
"OPG has meticulously planned and prepared for its refurbishment program, and we have been pleased to collaborate with them by sharing the experiences we gained during the Units 1 and 2 Restart project," said Mike Rencheck, Bruce Power's President and CEO. "As outlined in the Ontario government's 2013 Long-Term Energy Plan, clean nuclear power will continue to be the backbone of Ontario's electrical system for generations, and this plan begins to take shape with this first scheduled refurbishment."
Bruce Power's first refurbishment project, in Unit 6, will begin in 2020, while five other units will follow. The LTEP has outlined an integrated schedule between Bruce Power and OPG that will ensure the people of Ontario have enough baseload power during the two decades of nuclear refurbishment.
Renewal of Ontario's nuclear fleet will inject billions of dollars annually into Ontario's economy through direct and indirect spending on operational equipment, supplies, materials and labour income, while also creating and sustaining about 18,000 direct and indirect jobs across the province each year.
"Clean nuclear provides 60 per cent of Ontario's electricity every year, while continuing to be the second-lowest cost source in the province's supply mix," Rencheck said. "A healthy and renewed nuclear industry is vital to healthy, clean air, keeping electricity costs down for families, and investing in Ontario's economy."
About Bruce Power
Bruce Power operates the world's largest operating nuclear generating facility and is the source of about 30 per cent of Ontario's electricity. The company's site in Tiverton, Ontario, is home to eight CANDU reactors. Formed in 2001, Bruce Power is an all-Canadian partnership among Borealis Infrastructure Trust Management (a division of the Ontario Municipal Employees Retirement System), TransCanada, the Power Workers' Union and The Society of Energy Professionals. A majority of Bruce Power's employees are also owners in the business.
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SOURCE Bruce Power