Ontario Energy Report
calls nuclear power
Ontario's workhorse
Ontario Construction Report staff writer
As Bruce Power begins the
next phase of the Life-Extension
Program, the company released
its first-ever Ontario Energy Re-
port recently at the Toronto Re-
gional Board of Trade.

The report details Bruce Power’s support of the province in
achieving several policy goals while advancing nuclear medi-
cine and health care in Canada and around the world.

“Our Life Extension efforts are creating opportunities for
people and communities with a focus on the environment, en-
ergy and the economy, and that’s why we are releasing this
report,” Mike Rencheck, President and CEO said in a state-
ment. “It’s important that we communicate these facts, and the
intention of the Ontario Energy Report is to provide accurate,
verifiable and concrete information.”
“Bruce Power is, and will continue to be, a major contribu-
tor to providing Ontario with carbon-free, affordable electricity
that allows our province’s businesses to grow and our fami-
lies to prosper, and life-saving medical isotopes to help people
around the world.”
Highlights of the report:
• Nuclear continues to be the workhorse for the province,
meeting 61 per cent of Ontario’s electricity needs in 2019
• Nuclear also helps Quebec, which relies on hydroelectricity
to meet its needs during the cold winter months. Last Jan-
uary, Ontario provided Quebec with more than 400 gigwatt
hours (GWhs) to support its winter demand for power;
• Ontario’s residential electricity rates rank among the lowest
in developed countries and almost 30 per cent below the
2018 world average of 17.33 cents/kWh. This is largely due
to Ontario’s nuclear fleet, which is a key contributor for
keeping down prices.

The report details Ontario’s leadership role as the first juris-
diction in North America to end its use of coal-fired electricity
– a milestone that was achieved in 2014.

Bruce Power’s refurbishment of four nuclear units brought
3,000 megawatts of reliable, low-cost and carbon-free elec-
tricity back to the grid and provided 70 per cent of the electric-
ity needed to take coal-fired generation out of Ontario’s power
supply. Today, nuclear accounts for more than 60 per cent of the
province’s supply with Bruce Power providing more than 30
per cent of Ontario’s electricity at 30 per cent less than the av-
erage cost to generate residential power.

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The Ontario Construction Report – FEBRUARY 2020 – PAGE 3