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Classified in: Environment
Subject: CPG

OPG and Bruce Power collaborate on clean energy future


Cooperation ensures nuclear projects are proceeding on time and budget

BOWMANVILLE, TIVERTON, ON, June 29, 2023 /CNW/ - Ontario Power Generation (OPG) and Bruce Power continue to work together to successfully complete their respective refurbishment and Major Component Replacement (MCR) projects, a joint report released today shows.

The two generators, with nuclear assets that provide 60 per cent of Ontario's electricity, released the 2022 Nuclear Collaboration Report. The report outlines how the two companies are working together to refurbish their nuclear reactors by sharing lessons, resources, tooling, and equipment. This unique cooperation has resulted in many efficiencies, reduced costs, limited execution risks, and ensured projects are completed safely, with quality, on time and on budget, providing value to Ontarians.

The Darlington Nuclear Refurbishment Project (DNRP) and the Bruce Power MCR Project are multi-year, multi-phase mega-projects that will provide the Province of Ontario with low-cost, carbon-free and reliable electricity for the next 30 years and beyond.

More than 90 per cent of expenditures related to the mid-life refurbishment of these reactors is being spent in Ontario, creating significant jobs and economic growth.

Learn more about the two companies' collaborative efforts here.

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"The refurbishments and major component replacements underway at Ontario Power Generation and Bruce Power will secure another 30-plus years of clean, reliable and low-cost electricity to power Ontario's growth," said Todd Smith, Ontario's Minister of Energy. "I'm pleased to see OPG and Bruce Power working together to reduce costs, complete the work safely, and deliver these mega-projects on-time and on-budget."

"As we look toward a clean energy future, Bruce Power and OPG understand the importance of nuclear in meeting the ambitious goals of our province to provide a stable, reliable source of carbon-free energy," said Mike Rencheck, Bruce Power's President and CEO. "Our collaborative efforts will ensure we continue to supply Ontario schools, businesses and hospitals with the clean energy they need, while generating no carbon emissions and supplying cancer-fighting isotopes for the medical community at home and around the world."

"Ontario is fortunate to have one of the world's cleanest electricity grids, thanks to nuclear and hydro. Refurbishing these two stations, and hopefully Pickering Nuclear as well, will go a long way toward ensuring a strong, clean, prosperous future," said OPG President and CEO Ken Hartwick. "Collaboration is key in the nuclear power industry. Our commitment to sharing lessons learned, innovations, and ensuring knowledge transfer has proven our ability to complete large, complex projects on or ahead of plan for the safe and reliable operation of both stations for decades to come."

About OPG

As one of North America's largest, most diverse electricity generators, OPG invests in local economies and employs thousands of people across Ontario and the US. OPG and its family of companies are leading the development of new clean technologies, refurbishment of existing assets, and electrification initiatives to power the growing demand of a clean economy for decades to come. Learn more about how the company is advancing these initiatives while prioritizing people, partnerships, and strong communities by reading OPG's Climate Change Plan, Reconciliation Action Plan, and Equity, Diversity, and Inclusion (ED&I) strategy. 

About Bruce Power

Bruce Power is an electricity company based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province and life-saving medical isotopes around the world. Established in 2001, Bruce Power is Canada's only private sector nuclear generator, annually producing 30 per cent of Ontario's power. Learn more at www.brucepower.com.

SOURCE Ontario Power Generation Inc.


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