Today’s report from Ontario’s Financial Accountability Office (FAO) on the life extension of the province’s nuclear fleet has created many positive reactions across industry, politics and health care.
Here is what some are saying about the report:
“The report confirms that refurbishing Ontario’s Bruce and Darlington nuclear stations is the best option to keep costs low for electricity customers, while at the same time creating and sustaining good paying jobs in the region. These are items of huge importance to the people of Bruce/Grey and we support any efforts to lessen the financial burden on electricity ratepayers, particularly for the most vulnerable.”
- Francesca Dobbyn, Executive Director, United Way of Bruce Grey
“Asthma Canada is pleased to see the latest FAO report which confirms that the work being done to refurbish the nuclear fleet in Ontario is a low-cost way to protect the air we breathe. As the report indicates, there is currently no low emissions generation which could replace nuclear generation at a comparable cost.”
- Vanessa Foran, President and CEO, Asthma Canada
“The FAO confirms that ratepayers will benefit from the continued operation of nuclear plants, like Bruce Power, Darlington, and Pickering. Continued investments in nuclear power will help keep rates down and help Ontario families pay less and get ahead.”
- Bill Walker, MPP, Bruce-Grey-Owen Sound and Chair of the Ontario PC Nuclear Caucus
“This morning the Financial Accountability Office of Ontario reinforced the importance of nuclear energy generation and refurbishment of Bruce Power, stating, ‘There is currently no portfolio of alternative low emissions generation which could replace nuclear generation at a comparative cost.’”
- Lisa Thompson, MPP, Huron-Bruce
“Refurbishing Ontario’s nuclear fleet is something on which we can all agree. Low-cost electricity, high-value jobs, economic growth and cleaner air, will all be made possible through these projects. We agree with the FAO that this is the most cost-competitive option for Ontario.”
– Mel Hyatt, President, Power Workers’ Union
“Refurbishing the Bruce and Darlington units is the most cost-effective option for keeping electricity prices low over the long term, while also and importantly keeping our air clean, Ontario’s economy humming and maintaining a critical global supply of medical isotopes.”
- Scott Travers, President, The Society of Energy Professionals
“Over the coming years, Ontario’s nuclear refurbishment plan will see over $25 billion invested in our economy, supporting thousands of incremental direct and indirect jobs through its vast supply chain. Manufacturing is the heart of Ontario’s economy and the refurbishment plan will be a key driver for the sector over the coming years. The Canadian Manufacturers & Exporters has long advocated for affordable and reliable energy supply in Ontario to ensure the competitiveness of the manufacturing sector. The recent report issued by the Financial Accountability Office of Ontario confirms that nuclear energy generation is the most cost-effective, low-emission option to achieve those objectives.”
- Ian Howcroft, Vice-President, Ontario Canadian Manufacturers & Exporters
“Bringing the reactors at Bruce A back online provided 70 per cent of the electricity Ontario needed to phase out coal from the province’s electricity supply. The fact is that Ontario’s nuclear fleet is a key player in meeting climate change objectives and will be for decades to come.”
- Dave Butters, President, Association of Power Producers of Ontario
“The refurbishments of Ontario’s nuclear fleet will provide thousands of training opportunities and well-paying jobs for residents of the local communities and for Ontarians in general, bearing in mind the diversity reflected in those communities. These refurbishments will provide the province with low-cost, reliable and emissions-free electricity for decades to come. They will also help spur investments beyond the major component replacement initiatives, positively impacting the broader economy. The FAO report on nuclear refurbishment outlines that this is the best choice available for Ontario. This will keep our energy supply stable, and our economy moving.”
- Patrick Dillon, Business Manager and Secretary Treasurer, Provincial Building and Construction Trades Council of Ontario
“The Financial Accountability Office of Ontario’s recent report on the province’s nuclear refurbishment plan confirms that the on-going work to extend the life of the existing nuclear generators is the least risky, most cost-effective low-emissions option available to meet future demand. As outlined in the report, through its life-extension plan, Bruce Power will continue to provide 30 per cent of Ontario’s electricity at 30 per cent less than the average cost to produce residential power for years to come.”
- Richard Koroscil, Interim President and CEO, Ontario Chamber of Commerce.
Bruce Power’s Life-Extension Program commenced on January 1, 2016, and is on time and on budget. This program includes the 13-year Major Component Replacement (MCR) Project, which begins in Unit 6 in 2020, and preparations are well underway for this element of the Life-Extension Program.
While Bruce Power will continue to generate 30 per cent of Ontario’s electricity, the report notes it provides other benefits aside from being a low-cost supplier, including the innovative ability to provide flexible output upon request by the Independent Electrical System Operator (IESO) as demand requires. Bruce Power is the only nuclear operator in Ontario to provide this valuable flexibility to the market.