Saskatchewan feasibility study released
SASKATOON – Nov. 27, 2008 – Nuclear energy could contribute 1,000 megawatts of electricity to Saskatchewan’s generation mix by 2020, according to a feasibility study released today by Bruce Power.
The study concluded that a region spanning from Lloydminster, including the Battlefords and Prince Albert, was the most viable host for a nuclear facility. It is estimated that a new plant would create 2,000 jobs during construction and 1,000 permanent jobs over 60 years of operation.
“Since the beginning of this process, we have been optimistic about the opportunity in Saskatchewan for a new nuclear plant that could create employment and reduce greenhouse gas emissions,” said Duncan Hawthorne, Bruce Power’s President and Chief Executive Officer. “This study offers credibility to that optimism and gives us the facts we need to take the next steps.”
With the feasibility study now complete, the company will work with SaskPower to investigate the following issues:
- Future power demand;
- Improvements to Saskatchewan’s electrical grid; and
- The potential role nuclear power could play in both the province’s energy mix and potential power export markets.
Now that a region has been identified, Bruce Power will also consider suitable parcels of land and begin meeting with community and aboriginal leaders where appropriate. Following that, the company may select a suitable location for an environmental assessment. This would take up to three years to complete and would involve extensive technical and environmental studies along with significant consultation.
In December, Bruce Power will release additional information on an assessment being conducted in collaboration with the Canadian Hydrogen Association considering the role next generation nuclear, hydrogen, wind and solar could play in the province.
In keeping with Bruce Power’s commitment to openness, a report outlining the key findings of the feasibility study is available at www.brucepower.com.
About Bruce Power
Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers’ Union and The Society of Energy Professionals.
For further information, please contact:
Steve Cannon 519-361-6559 email@example.com
24-hour Duty Media Officer 519-361-6161