OCNI endorses Ontario's Long-Term Energy Plan 2017

October 26, 2017, Pickering, Ontario. – The Organization of Canadian Nuclear Industries (OCNI) endorses Ontario's Long-Term Energy Plan 2017 released today by Energy Minister Glenn Thibeault.

This updated plan affirms nuclear energy will provide the foundation for the province’s clean, reliable electricity future. Ontario’s commitment to the cost-effective refurbishment of existing nuclear assets at Bruce and Darlington will ensure that for decades to come, families and businesses in the province will benefit from a stable, low-cost source of clean energy.

"We are very pleased that the Long Term Energy Plan Update released today reconfirms the Ontario government’s decision to invest in a secure, clean and affordable electricity system through refurbishment and major component replacement of four Darlington units and six Bruce units as well as extension of the operation of Pickering nuclear units to 2024. These projects will create and sustain highly skilled jobs in many small and medium sized enterprises that contribute to local economic development in cities and towns across Ontario: from Cambridge, Niagara, Burlington and Oakville in the west to Durham, Peterborough, Coburg and Arnprior in the east," says Ron Oberth, President and CEO of OCNI.

Organization of Canadian Nuclear Industries (OCNI) is an association of more than 200 Canadian suppliers to the nuclear industry that employ more than 12,000 highly skilled and specialized engineers, technologists, and trades people. OCNI companies design reactors, manufacture major equipment and components, and provide engineering services and support to CANDU nuclear power plants in Canada as well as to CANDU and Light Water Reactor (LWR) plants in offshore markets.

Facts:

  • Nuclear generating stations at Bruce, Darlington and Pickering supply 60 per cent of Ontario’s
    electricity.
     
  • In 2016, the cost of nuclear power averaged less than 7 cents/kWh, approximately 30 per cent
    less than the average residential price for electricity.
     
  • By helping to avoid approximately 45 million tonnes of CO2 emitted each year, Ontario’s
    nuclear fleet is a significant contributor to the province meeting its climate change goals.
     
  • The nuclear industry in Ontario contributes over $5 billion annually to Canada’s economy and
    supports approximately 50,000 Ontario jobs.
     
  • Ontario’s nuclear facilities and their domestic supply chain create jobs and economic growth in
    communities across the province.

Contact:

Dr. Ron Oberth, President and CEO,
905 839 -0073 or 647 407 6081, ron.oberth@ocni.ca

Ms. Marina Oeyangen, Director Operations
905 839 -0073 or 905 706 5958, marina.oeyangen@ocni.ca