Generating change to secure a brighter future

Powering Ontario Forward

BRUCE POWER 2022 ANNUAL REVIEW AND ENERGY REPORT

Top 100 Infrastructure Projects in Canada

Energy Industry Innovation of the Year

CANADA’S BEST EMPLOYER FOR DIVERSITY 2022

Top 100 Infrastructure Projects in Canada

Energy Industry Innovation of the Year

CANADA’S BEST EMPLOYER FOR DIVERSITY 2022

Mike Rencheck speaking at podium

A message from
the President and
Chief Executive Officer

We made great strides in all of these areas and, as you will see in our 2022 Annual Review, our company and our industry will play a key role in providing safe, clean and reliable energy to the Province of Ontario for decades to come and help Canada reach its climate change goals.

Our production of cancer-fighting medical isotopes took a large step forward in 2022 with the installation and commissioning of our first-of-a-kind Isotope Production System. Along with our partners, we’ve expanded our capabilities to produce more medical isotopes for the global fight against cancer and we’re helping to establish Ontario and Canada as an isotope superpower.

Electrification is the wave of the future and we’re proud to be part of the solution as the province’s demands continue to grow. Our Major Component Replacement projects and Project 2030 will help to ensure the people, hospitals and businesses in Ontario continue to have reliable baseload electricity well into the future.

Our nuclear advantage

THE ONTARIO
ENERGY REPORT

Ontario has a deeply decarbonized electricity grid, which is the envy of many jurisdictions around the world thanks to a clean baseload supply of nuclear and hydroelectricity.

Electricity output by fuel type 2022. Nuclear 54% (including 29% from Bruce Power), Hydro 29%, Wind 9%, Gas 10%, Solar 0.5%, Biofuel 0.2%

pie chart showing electricity distribution
Figure 1: Electricity output by fuel type 2022

Clean, reliable
nuclear power

In 2022, Bruce Power celebrated a decade of eight-unit operation following the conclusion of the Bruce A Restart Project, which provided 70 per cent of the carbon-free electricity the province needed to phase out coal in 2014.

Building on this position of strength, Bruce Power is investing in extending the life of its fleet and increasing the output of existing units, both of which contribute to a prosperous, clean energy future.

Bruce Power unit output

Bruce Power unit output. All output in terawatt-hours. Unit 1 output 6.7. Unit 2 output 5.9. Unit 3 output 6.3. Unit 4 output 4.7. Unit 5 output 5.5. Unit 6 output 0 and under the Major Component Replacement Project. Unit 7 output 6.7. Unit 8 output 7.0.

±3,000

homes are supplied with electricity from the wind farm that is owned by Bruce Power Net Zero Inc.

10+

years since the successful conclusion of the Bruce A Restart Project and the site’s successful return to eight-unit operation.

$500 million

in Green Bonds, a global first for nuclear power and recognition of the critical role the technology plays in fighting climate change.

Nuclear power will play a critical role, both in providing a reliable supply of clean electricity to decarbonize other sectors of the economy, and in displacing emissions from carbon-emitting electricity sources.

More power. Zero emissions.

PROJECT 2030 AND THE
NEXT GENERATION OF
NUCLEAR

Powering up to drive Ontario forward

Project 2030 will incrementally increase the site generation output through asset optimization, innovation and leveraging new efficient technology. This additional generation will be equivalent to adding about a ninth large-scale reactor to our site without the need to build additional infrastructure.

“We are opening the door to possibilities for new innovative technologies that will contribute to Ontario’s Net Zero 2050 goal.”

Mike Rencheck, Bruce Power President and CEO

The next generation

Bruce Power provides the baseload generation that allows next generation technologies to be developed, it’s also an active participant in supporting a stable, long-term clean energy supply mix that will help Ontario meet its climate change goals.

Through its NextGen initiative, Bruce Power is taking a targeted approach in assessing new nuclear opportunities including large-scale nuclear, Small Modular Reactors (SMRs), advanced nuclear and micro-reactors, as well as complementary technologies to lead the industry to meeting or exceeding the expected 2050 generation gap and Net Zero targets.

Securing
decades of
clean electricity

BRUCE POWER
LIFE-EXTENSION
PROGRAM

0 %

of Bruce Power’s spend is in Canada, which makes the Life-Extention Program truly a Canadian-led infrastructure project.

± 200

supply chain companies across Ontario and Canada are supported through Bruce Power’s Life-Extension Program.

50000

direct and indirect jobs across Canada supported by the nuclear industry.

Ontario
needs
nuclear

Bruce Power’s Life-Extension  Program, Ontario’s largest private sector clean energy infrastructure project, consists of Major Component Replacement (MCR) Projects in Units 3-8 and lifetime Asset Management Program that will extend the life of the site until 2064 and beyond.

The lifetime Asset Management Program and Unit 6 MCR remain on plan, and the Independent Electricity System Operator verified Bruce Power’s plan for the Unit 3 MCR, which begins in 2023.

Major Component Replacement Project

Extending the operational life of the Bruce Power units will ensure the people of Ontario have a safe and reliable supply of electricity at a stable price for decades to come.

Read more about MCR

320,000 lbs

Weight of each of the eight steam generators replaced in Unit 6.

40

years of site operation following Unit 6 Major Component Replacement.

60+

suppliers that have opened offices or warehouses in Bruce,  Grey and Huron counties.

Safe, reliable
operation

OPERATIONAL
EXCELLENCE TODAY
FOR A BRIGHT FUTURE

A decade of
eight units in service

In October, Bruce Power marked the 10th anniversary of the completion of the Bruce A Restart Project.

“With the return to service of Units 1 and 2 in 2012, and their strong performance over the past decade, we’re showing that investments into existing nuclear assets build on Ontario’s nuclear advantage and will help achieve climate targets.”

Mike Rencheck, Bruce Power President and CEO

Testing our
emergency response

Bruce Power is committed to Safety First. As nuclear professionals, we look out for each other in the work we do each day on site, but we’re also looking out for our friends and families in our communities and across Ontario.

In 2022, Bruce Power hosted its fourth large-scale exercise, Huron Endeavour

1,000

emergency officials across Ontario took part in the mock disaster training

100

Bruce Power emergency responders deployed

1,400

total participants involved in the exercise

Global fight
against cancer

BRUCE POWER
MEDICAL ISOTOPES

Isotopes at Bruce Power

Lutetium-177

Produced in the Isotope Production System – a first-of-its kind solution to produce short-lived medical isotopes in a commercial reactor. 

Cobalt-60

Cobalt-59 adjuster rods are inserted into the reactor and cobalt-60 is harvested during planned outages.

40+ million

Produced in the Isotope Production System – a first-of-its kind solution to produce short-lived medical isotopes in a commercial reactor.

Cancer-fighting
medical isotopes

Commercial production
of lutetium-177 announced October 2022, a world’s first for large-scale nuclear reactor.

Medical-grade cobalt-60 is used to treat complex brain cancers and conditions through noninvasive procedures

40%

of the world’s single-use medical equipment is sterilized with cobalt-60.

Made-in-Ontario Isotope Production System (IPS) installed in Bruce Power’s Unit 7 in 2022.

24/7

The IPS will leverage Bruce Power’s continuous operation to provide a consistent and scalable supply of cancer-fighting isotopes

ISOTOPE PRODUCTION
WITH GLOBAL REACH

A groundbreaking Isotope Production System (IPS) began commercial production of lutetium-177 in October 2022, making Bruce Power’s Unit 7 the first commercial power reactor in the world to produce short-lived medical isotopes.

AN INNOVATIVE
PARTNERSHIP

Bruce Power worked with a unique group of domestic and international partners to bring the Isotope Production System to commercial service.

LUTETIUM-177

A groundbreaking Isotope Production System (IPS) began commercial production of lutetium-177 in October 2022, making Bruce Power’s Unit 7 the first commercial power reactor in the world to produce short-lived medical isotopes.

EXPLORING THE PRODUCTION OF YTTRIUM-90

Bruce Power is looking to expand its  production of medical isotopes, signing a  Memorandum of Understanding (MOU) with Boston Scientific to explore the feasibility of producing cancer-fighting yttrium-90 (Y-90)  in its reactors.

COBALT-60

For over 35 years, Bruce Power has been a consistent, reliable source of cobalt-60 used for the sterilization of single-use medical devices and in the treatment of certain cancers.

13 billion

In 2022, Bruce Power harvested enough cobalt-60 to sterilize 13 billion single-use medical devices.

1000+ patients

have been tested with the Leksell Gamma Knife® at the Radiation Medicine Program at the Princess Margaret Cancer Centre in the last three years.

360 hospitals worldwide

use non-invasive procedures like the Leksell Gamma Knife® technology.

Reducing
our
footprints

OUR APPROACH TO
SUSTAINABILITY

BRUCE POWER'S
NET ZERO 2027
STRATEGY

Bruce Power signed a Memorandum of Understanding with companies within the Clean Energy Frontier region of Bruce, Grey and Huron counties – Bruce Power Net Zero Inc., Greenfield Global, Hydrogen Optimized and Hensall Co-op. The companies are collaborating on a feasibility study to determine opportunities for hydrogen production using excess energy and to recommend how this unique asset could allow the region to become a centre of excellence for hydrogen production and key hydrogen hub for the province.

Bruce Power Net Zero has partnered with Westario Power to provide hands-on support and funding to municipalities in Bruce, Grey and Huron to increase the availability of Electric Vehicle (EV) chargers to address growing needs. The first EV chargers were approved for installation in the Municipality of Brockton.

Bruce Power Net Zero joined the Leadership Council of Energy Storage Canada (ESC). Energy storage technologies, including large pump hydro and batteries, use power that is generated elsewhere at times when demand is lower to “store” the energy in a form that may be delivered back to our electricity systems when demand is at its highest. The greatest potential for storage is when it is paired with nuclear power, as it presents the most effective, emissions-free and reliable energy solution for Ontario’s energy mix.

Our approach
to sustainability

We care deeply about people and the environment while generating carbon-free electricity for about 30 per cent of Ontarians. That’s why we have a thorough environmental program that monitors, tracks, and analyzes air, water, precipitation, and aquatic samples, including fish, sediment and sand, to ensure our natural environment is not harmed by our operations. We also have an extensive Environmental Monitoring Program which ensures, through measurement, sampling and analysis, that the health of the environment and people are protected.

12.9

Our 2022 Environmental, Social, and Governance (ESG) risk rating, which is the lowest we’ve achieved. This maintains Bruce Power’s spot in the Top 3 within its sub-industry on a global scale.

$1 million

Carbon Offset Accelerator Fund announced to support carbon offset projects in Bruce, Grey  and Huron counties and throughout Ontario.

$250,000

A five-year commitment to Zero Emission Vehicle (ZEV) infrastructure with Plug’n Drive. Bruce Power also has agreements in place with Westario Power and ChargerCrew Canada to help bring dozens more Level 2 EV chargers to Bruce, Grey and Huron Counties.

NET ZERO
INITIATIVES
IN 2022

POTENTIAL HYDROGEN
PRODUCTION

LEAD THE CHARGE

ENERGY STORAGE

Bruce Power
Net Zero Inc

.

Bruce Power is already a clean-energy supplier of 30 per cent of Ontario’s electricity, which results in the avoidance of about 19 million tonnes of greenhouse gases (GHGs) a year.

Investing
in our
community

SOCIAL
RESPONSIBILITY

COMMUNITY
FIREWORKS
DISPLAYS

$25,000 DONATION TO HABITAT FOR HUMANITY ON BEHALF OF EMPLOYEES

Lead sponsor of local Pride Parades

We’re committed to Diversity, Equity and Inclusion in the workplace and in the community.

COMMUNITY
FIREWORKS
DISPLAYS

$25,000 DONATION TO HABITAT FOR HUMANITY ON BEHALF OF EMPLOYEES

Lead sponsor of local Pride Parades

We’re committed to Diversity, Equity and Inclusion in the workplace and in the community.

Walking the path together

Partnering with Indigenous communities

Bruce Power’s site lies within the traditional Treaty Territory of the Saugeen Ojibway Nation and the traditional harvesting territory of the Métis Nation of Ontario (Region 7) and the Historic Saugeen Métis.

Bruce Power’s Indigenous Employment Program was an integral component of the Workplace Diversity and Inclusion Award through Electricity Human Resources Canada (presented in 2022).

Advancing Made-in-Ontario solutions for a sustainable future