Bruce Power is continuing its contributions to a net zero Canada by 2050 by releasing a report that lays out its vision for the next 50 years of operation.
The report, written in collaboration with the Nuclear Innovation Institute (NII), explores Bruce Power’s role as a critical enabler of net zero, providing not only an established baseload of clean energy, but also the good jobs, sector innovation and lifesaving isotopes of the future.
“The Bruce Power site creates a critical foundation which policymakers, industry and the public can use to prepare for a net-zero future,” said Mike Rencheck, Bruce Power’s President and CEO. “This report builds on our contribution to net zero by laying out a vision for the future of the Bruce site and the Clean Energy Frontier of Bruce, Grey and Huron counties over the next 50 years.”
The report finds that the Bruce Power site provides critical building blocks for a clean energy Canada, including:
· A baseload of clean, affordable generation needed to meet rising demand for electricity;
· Opportunities to optimize the site even further, increasing output while introducing new flexibility to how and when power is produced;
· A massive economic driver, supporting more than 22,000 direct and indirect jobs and generating between $9-11 billion in economic impact;
· A site for ongoing innovations in robotics, artificial intelligence, advanced manufacturing, and other cutting-edge tools and techniques;
· An ideal location for the testing and deployment of new clean energy technologies, including hydrogen, batteries, solar, and new nuclear builds;
· Expanding the production of life-saving medical isotopes that are used to treat cancers, improve quality of life, and invest in our economy.
To learn more, read the full report—The Next 50 Years: Bruce Power is leading us to Net Zero and beyond.
“The data is clear—there simply is no net zero future without nuclear power,” said David Campbell, Director of the Centre for Next Generation Nuclear at NII and the lead contributor for the report. “Bruce Power provides both the anchor and the catalyst for innovation that Canada needs to tackle the challenges of the next generation.”
To learn more about Bruce Power’s contributions to net zero, read about the NZ-2050 Strategy, and its commitment to achieving net zero operations on its site by 2027—the most ambitious commitment of its kind by a nuclear operator in Ontario. Or read about the launch of the Net Zero Partnerships (NZP) program, run out of NII.
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.
About the NII: The Nuclear Innovation Institute (NII) is an independent, not-for-profit organization that provides a platform to accelerate innovation and the implementation of business relevant solutions for the nuclear industry. NII’s goal is to shape a Canadian nuclear industry that embraces new thinking, new technologies and new lines of business that can drive the global shift to a low-carbon future.