Duncan Hawthorne (Bruce President and CEO) — Bruce Nuclear — November 5, 2012
This week, Bruce Power was pleased to announce the completion of our investment program that returned Units 1 and 2 to operation, after they had been out of service since the mid-1990s. With these two reactors now in service, combined with our ongoing revitalization program, the Bruce Power site has achieved its full operating potential for the first time in 20 years, doubling the number of operating units from four to eight since Bruce Power took over the site in 2001.
Achieving this milestone is also good news for Ontario ratepayers. Bruce Power is a reliable source of low-cost electricity for over a quarter of our homes, schools, hospitals and businesses. Our economy relies on stable, low-cost power every day and that is the role we play in the province today – and plan to for decades to come. That’s why many leaders throughout the province welcomed the news of more low-cost power from our site, including the Canadian Manufacturers and Exporters.
This milestone is also good news for our environment. Ontario plans to phase-out all of our electricity generated from coal by the end of 2014 – an ambitious goal, considering just over 10 years ago the province relied on coal for over a quarter of its electricity. Read more