Bruce Power is applauding the release of Ontario’s Integrated Energy Plan: Energy for Generations, which sets out a vision for the future of the province’s energy system and provides clear actions to power the province and the economy.
The Integrated Energy Plan lays out priorities related to meeting the growing need for affordable and reliable energy, ensuring customer choice, expanding Ontario’s leadership by identifying opportunities to build on the province’s clean energy economy, and extending Ontario’s global nuclear leadership. The vision commits to working in partnership with Indigenous communities in the buildout of Ontario’s energy system to advance economic reconciliation and enable Indigenous leadership and participation in the energy sector.
“At the turn of the century, our great grandparents had the vision to build Ontario’s hydroelectric dams, later our grandparents started the build-out of Ontario’s nuclear fleet, and today, that responsibility falls on us to build for the future,” said Stephen Lecce, Minister of Energy and Mines. “While every jurisdiction around us scrambles for affordable power, our government is thinking ahead, building for our children and grandchildren. Energy for Generations represents the ambition and long-term thinking necessary to deliver critical nation-building priorities that solidify Canada’s self-reliance. As energy demand soars, our plan leverages ‘Made-In-Ontario’ to build affordable, clean, and always reliable power, built by and for Canadians.”
Bruce Power continues to play a key role in the production of emissions-free electricity, providing approximately one third of the province’s power while also producing a stable supply of cancer-fighting medical isotopes that are used to treat patients around the world.
“Bruce Power is proud to play a central role in building a clean, reliable, and affordable energy future,” said Eric Chassard, Bruce Power’s President and Chief Executive Officer. “As a company that’s Canadian at our core, we’re committed to powering the growth of our economy and communities with made-in-Ontario nuclear innovation. Our investments in life-extension and pre-development work for Bruce C support the province’s growing economy and population while ensuring we remain a global leader in emissions-free electricity. We’re proud to be an essential part of Ontario’s Integrated Energy Plan — delivering sustainability and energy security for generations to come.”
The report recognized Bruce Power’s ongoing Life-Extension Program and Major Component Replacement Project, with the refurbishment of Units 3-8 on schedule to be completed by 2033 to ensure 7,000 megawatts of peak output for the people of Ontario. The government report also mentioned the potential option of refurbishing Units 1 and 2 for a second time and that it would be based on an assessment of system needs by the Independent Electricity System Operator (IESO) and value to the ratepayer.
In 2023, the Ontario government launched the pre-development work for the first large-scale nuclear plant in the province since 1993. If approved, Bruce C could add up to 4,800 MW of reliable generation at the Bruce site, enough to power 4.8 million homes. Bruce Power last year submitted an Initial Project Description to the Impact Assessment Agency of Canada, launching the federal approval process for the potential project.
To support potential large-scale new nuclear builds, the government is establishing a New Nuclear Technology Panel, which will include senior leadership from Bruce Power, Ontario Power Generation, the IESO and the government. The panel will ensure the co-ordinated selection process that considers a wide range of policy objectives, such as safety, cost-effectiveness, energy security and the potential to maximize economic and job benefits across Ontario.
“Bruce Power will continue to contribute one-third of the province’s electricity to Ontario’s clean grid well into the future, and the resulting economic benefits and good, high-skilled jobs created locally will last for decades to come,” said Huron-Bruce MPP Lisa Thompson. “I applaud the fact these impacts are recognized in the new Integrated Energy Plan.”
As a proudly Canadian-owned company, 95 per cent of Bruce Power’s spending is done in Canada and it encourages its partners to buy local and buy Canadian. The Ontario government’s Integrated Energy Plan aligns closely with Bruce Power’s Canadian at our Core campaign.
About Bruce Power
Bruce Power is an electricity company based in Bruce County, Saugeen Ojibway Nation Territory, 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 nuclear power to families and businesses across the province and cancer-fighting medical isotopes around the world. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
