TIVERTON, ONTARIO--(Marketwire - Oct. 23, 2012) - This document corrects and replaces the news release distributed for Bruce Power on October 23, 2012 at 5:55 PM ET. The first paragraph indicated the date of commercial operations as October 19 instead of October 22. The corrected and completed release follows.
On Oct. 22, Bruce Power notified the Ontario Power Authority (OPA) that Unit 1 had achieved commercial operations. The OPA has accepted Bruce Power's position.
Unit 1 generated electricity for the first time in 15 years on Sept. 20 and achieved commercial operating status shortly thereafter. Unit 2 achieved the same milestone on Oct. 16 and is also expected to be commercially operating in the near term.
The return to service of Units 1 and 2 is an important component to the revitalization of the Bruce Power site to provide Ontario with a reliable source of low-cost electricity and to support the phase-out of coal by the end of 2014.
About Bruce Power
Bruce Power operates one of the world's largest nuclear sites and is the source of roughly 25 per cent of Ontario's electricity. The company's site in Tiverton, Ontario is home to eight CANDU reactors, each one capable of generating enough low-cost, reliable, safe and clean electricity to meet the annual needs of a city the size of Hamilton. Formed in 2001, Bruce Power is an all-Canadian partnership among TransCanada, Cameco, Borealis Infrastructure Management (a division of the Ontario Municipal Employees Retirement System) as well as the Power Workers' Union and Society of Energy Professionals. A majority of Bruce Power's employees are also owners in the business.