Bruce Power drops Peace Country nuclear proposal
Duncan Hawthorne, Bruce Power’s President and Chief Executive Officer, says the company has looked at a number of potential business development opportunities, but has decided "the new nuclear option in Alberta is not something (our) company will be progressing further."
The company was originally looking into two different possible locations: one on Lac Cardinal, 30 kilometres west of Peace River, and one 30 kilometres north. After a technical review, the latter was chosen as the better option.
Bruce Power's focus will now shift back to Ontario. Hawthorne maintains, "Innovative businesses develop and consider new opportunities, but we've made a business decision to continue to put our full focus on the safe, reliable operations and ambitious investment program on our Bruce site."
Once the site's Units 1 and 2 return to service in 2012, Bruce Power will be the largest nuclear facility in the world.
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