Tuesday, October 19 2021

Toronto, March 31, 2021 (GLOBE NEWSWIRE) – Bruce Power continues to contribute to a net zero Canada by 2050 by announcing its commitment to achieve net greenhouse gas (GHG) emissions from its on-site operations at by 2027.

This makes Bruce Power the first nuclear operator in North America to announce such an ambitious commitment.

“One of the most significant emissions reduction initiatives in a generation – the phasing out of coal in Ontario – was made possible by Bruce Power, and we are building on this leadership role by recognizing that we will succeed in our fight against climate change by leveraging our existing assets through our clean energy program, ”said Mike Rencheck, President and CEO of Bruce Power. “Last fall, we released our NZ-2050 strategy outlining our contribution to a net zero Canada by 2050, and today we are announcing a key milestone in the implementation of this agenda.

While the company reliably produces large amounts of emission-free electricity, which is essential for Ontario to avoid coal, as well as the continued reliability of the system, Bruce Power is taking another step forward to ensure that ” it minimizes and offsets emissions from routine activities such as vehicles, machinery, buildings and equipment to achieve Net Zero status by 2027.

Learn more about Bruce Power’s emission boundaries and commitment and strategy with the attached backgrounder.

“Ontario is home to one of the cleanest electricity grids in the world, with over 90 percent of our electricity produced without GHG emissions,” said the Hon. Greg Rickford, Ontario Minister of Energy, Northern Development and Mines; Minister of Native Affairs. “Bruce Power has been a strong leader in supporting Ontario’s emission reduction efforts and our government is proud to continue this work alongside Bruce Power as we deliver on our made-in-Ontario environmental plan commitments.” .

“Bruce Power is a prime example of Ontario’s private sector developing innovative solutions to the environmental challenges we face,” added the Hon. Jeff Yurek, Provincial Minister of Environment, Conservation and Parks. “Through our made-in-Ontario environmental plan, our government remains focused on smart regulatory and policy approaches to facilitate and enable innovation that supports our economic recovery and reduces greenhouse gas emissions.

Bruce Power will also be holding a Clean Energy Innovation and Recovery Summit on September 22. The summit will feature updates on the revolutionary opportunities of the Bruce Power Center for Next Generation Nuclear Technology at the Nuclear Innovation Institute. Some of these initiatives aim to build on the strong foundations established at the Bruce Power site to achieve Net Zero 2050 through leveraging existing assets, partnerships with Indigenous and non-Indigenous communities, hydrogen technology and fusion, integration of public health in a post-pandemic world. , medical isotopes, new nuclear and electrification of transport and industrial processes.

“Building back better means building a low-emission energy future and a national economy that creates jobs and leaves no energy worker behind,” said the Hon. Seamus O’Regan, Minister of Natural Resources of the Government of Canada. “Canada is a Tier 1 nuclear nation and will achieve net zero emissions by 2050. Ambitious leadership like that demonstrated by Bruce Power here will get us there.

“We are excited about Bruce Power’s plans to contribute to a clean and prosperous future for our province, and we wholeheartedly support them as they continue to show global leadership in the emerging low-emission economy. carbon, ”said Bill Walker, Associate Minister of Energy for Ontario and MPP for Bruce-Gray-Owen Sound.

This builds on the company’s NZ-2050 plan that will help Canada meet its emissions targets by 2050. Bruce Power’s NZ-2050 strategy has five pillars:

1. Optimize and leverage existing investments in Canada’s largest private sector infrastructure project to drive further decarbonization.

2. Foster innovation in new energy technologies, including new nuclear and fusion energies.

3. Use nuclear power generation to produce clean fuels and electrify industrial processes and transportation with a historic opportunity to contribute to a national strategy on hydrogen and clean fuels.

4. Create an ecosystem of “green collar” jobs, particularly in the nuclear, manufacturing and energy development sectors, with an emphasis on diversity and greater representation of women, visible minorities and peoples. indigenous.

5. Inspire innovation by supporting strong social responsibility and sustainability, and by making contributions to global health such as vital medical isotopes as the world battles COVID-19.

More information on the Clean Energy Innovation and Recovery Summit will be published in the coming weeks.

About Bruce Power

Established in 2001, Bruce Power is an electric utility based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and pride themselves on the role they play in the safe provision of clean, reliable and low-cost nuclear power to families and businesses across the province. Bruce Power has worked hard to establish 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.

  • March 31_NZ2027BrucePower_InfoSheet


        


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