Bruce Power’s eight units set a company record for electricity output in 2014, with Bruce A and B surpassing a site record previously achieved in 1991.
This record-setting production allowed Bruce Power to provide 30% of Ontario’s power at 30% less than the average price of electricity in 2014, keeping costs stable for families and businesses, said Duncan Hawthorne, President and CEO.
I’m extremely proud of our accomplishments in 2014, and must recognize our employees for the important work they do in keeping our eight units producing safe and carbon-free nuclear energy that’s there for the people of Ontario when they need it,
Nuclear continues to be a workhorse in the province providing 62% of Ontario’s electricity in 2014. Hydro provided 24%, natural gas, 9% and wind, 4%, while other sources chipped in 1%.
In 2014, Bruce Power invested over $200 million in private dollars into publicly owned assets during planned maintenance outages on Units 3, 5 and 7. The result of these outages is more reliable reactors, which keep electricity prices low and Ontario’s air clean, he added.
Bruce Power plays a major role in Ontario’s energy supply mix, and we will continue to invest millions of private dollars into these provincially owned reactors every year to maintain their reliability,
About Bruce Power
Bruce Power operates the world’s largest operating nuclear generating facility and is the source of roughly 30% of Ontario’s electricity. The company’s site in Tiverton, Ontario is home to eight CANDU reactors, each one capable of generating enough low-cost, reliable, safe and clean electricity to meet the annual needs of a city the size of Hamilton. Formed in 2001, Bruce Power is an all-Canadian partnership among Borealis Infrastructure Management (a division of the Ontario Municipal Employees Retirement System), TransCanada, the Power Workers’ Union and the Society of Energy Professionals. A majority of Bruce Power’s employees are also owners in the business.
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