Today, following Municipal Elections across Ontario, Bruce Power has released a briefing document for new council members, who will take office in the coming weeks
The document builds on the policy positions the company has taken related to its role in Ontario’s supply mix and outlines the key role the Bruce site plays as a low-cost, reliable supplier of electricity. It also reinforces the role Bruce Power plays as Canada’s largest public-private partnership securing jobs, delivering innovation and private sector investment.
“We want to offer our congratulations to everyone who put their name forward in the municipal elections,” said David Abbott, Bruce Power’s Director of Community and Indigenous Relations. “We look forward to working with new and returning council members as we enter an exciting period of economic growth for the entire region.”
The briefing document is available for download here.
Bruce Power’s Life-Extension Program commenced on Jan. 1, 2016, and is on time and on budget. The first of six Major Component Replacement projects, which are an integral part of the Life Extension Program, gets underway in January of 2020. All funding requirements for this project are being met by the private sector.
Bruce Power’s role as a low-cost generator has been recognized by a range of independent experts, business groups and energy experts. In 2017, Ontario’s Financial Accountability Office (FAO) released a report on the life extension of the province’s nuclear fleet. The report concluded, “There is currently no portfolio of alternative low emissions generation which could replace nuclear generation at a comparable cost.”
The report also recognized that, “as Bruce Power is a private sector entity, any transfer of risk to Bruce Power reduces the exposure of ratepayers.”
About Bruce Power
Formed in 2001, 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. 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. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.
For further information, please contact:
John Peevers – 519-361-6583 or email@example.com