$25 Million Investment in Campbellford Area
CAMPBELLFORD, ON, Oct. 18, 2017 /CNW/ - Ontario Power Generation (OPG) is maximizing electricity production at its historic Ranney Falls Generating Station (GS) by replacing the smallest generator with a modern 10 megawatt (MW) unit, which will more than double the station's capacity.
Replacing the existing century-old unit makes economic sense and is a cost effective way of adding clean renewable generation to Ontario's electricity mix.
"We're proud of our role as stewards of heritage assets," said Mike Martelli, OPG's President Renewable Generation and Power Marketing. "Ranney Falls is the next in a long line of OPG hydroelectric stations to be refurbished and upgraded. Electricity customers will benefit from this investment for generations."
"The Ranney Falls Generating Station is continuing its century's old legacy of hydroelectric excellence," said Lou Rinaldi, MPP for Northumberland—Quinte West. "This new generator will breathe new life and double its generating capacity. We are committed to maximizing our hydroelectric resources across the province and today's announcement is an excellent example of that plan."
OPG's Ranney Falls Generating Station was built in 1922 by OPG's predecessor, The Hydroelectric Power Commission of Ontario, and it has provided clean renewable electricity for almost a century.
- The new generating unit is expected to be operational in 2020
- About 70 skilled trade workers are currently working on the project
- A new water spillway will be installed, further improving public safety
- The new unit will produce enough energy each year to power about 10,000 homes
- The new generator will extend the station's life into the 22nd century
OPG generates safe, clean, reliable, low-cost power for Ontario. More than 99 per cent of this power is free of smog and carbon emissions. OPG's power is priced 40 per cent lower than other generators, which helps moderate customer bills.
SOURCE Ontario Power Generation Inc.
For further information: Ontario Power Generation, 416-592-4008 or 1-877-592-4008, Follow us @opg