{"id":12770,"date":"2015-12-03T13:01:59","date_gmt":"2015-12-03T18:01:59","guid":{"rendered":"http:\/\/cna.ca\/?post_type=news&#038;p=12770"},"modified":"2020-03-10T13:55:09","modified_gmt":"2020-03-10T17:55:09","slug":"bruce-power-agreement-means-jobs-affordable-electricity-and-clean-air-says-cna-2","status":"publish","type":"post","link":"https:\/\/cna.ca\/fr\/2015\/12\/03\/bruce-power-agreement-means-jobs-affordable-electricity-and-clean-air-says-cna-2\/","title":{"rendered":"Bruce Power Agreement Means Jobs, Affordable Electricity And Clean Air, Says&nbsp;CNA"},"content":{"rendered":"<p><strong>TORONTO<\/strong> (December 3, 2015) \u2013 The Canadian Nuclear Association (CNA) says Bruce Power\u2019s long-term agreement with the Independent Electricity System Operator (IESO) means jobs, affordable power and clean air for decades.<\/p>\n<p>\u201cOntario is already a world leader in switching from fossil fuels to low-carbon energy,\u201d said CNA President and CEO Dr. John Barrett. \u201cThis agreement ensures a steady supply of low-carbon electricity through 2065. It also brings price stability, creates thousands of high-paying jobs, and economic growth that will continue for decades.\u201d<\/p>\n<p>Dr. Barrett added: \u201cThis announcement demonstrates that public-private partnerships can deliver clean-energy innovation to stabilize the climate. The public will benefit greatly without taking on risk.\u201d<\/p>\n<p>Bruce Power\u2019s program will secure an estimated 18,000 jobs directly and indirectly from operations, and an additional 3,000-5,000 jobs annually throughout the investment program.<\/p>\n<p>A <a href=\"http:\/\/brucepowercom.c.presscdn.com\/wp-content\/uploads\/2015\/09\/140368_EconomicImpactStudy-5med-2.pdf\">2014 economic study<\/a> noted that \u201cthere is no single, well-established project, facility or infrastructure project in Ontario that will have such a significant economic impact.\u201d<\/p>\n<p>The Provincial Building and Construction Trades Council of Ontario, Southwest Economic Alliance, Canadian Manufacturers &amp; Exporters, The Society of Energy Professionals, the Power Workers\u2019 Union and Bruce Power jointly authored the study.<\/p>\n<p>Nuclear energy provides about 60 percent of Ontario\u2019s electricity at an average price of 6.6 cents per kilowatt-hour, cheaper than any other energy source but hydro. About half of that electricity comes from the eight reactors at Bruce Power.<\/p>\n<p>The major component upgrades for six reactors are estimated to cost $8 billion, and Bruce Power will invest a further $5 billion to update its plant. The plant update work will begin next year, and the major component upgrades in 2020. The work will continue through 2035.<\/p>\n<p>Nuclear energy plants emit no direct climate-changing greenhouse gases, just like hydro dams, wind turbines and solar panels. Like hydro, but unlike solar and wind, nuclear plants generate power around the clock in any weather.<\/p>\n<p>\u201cNuclear is a key element in stabilizing the climate,\u201d Dr. Barrett said. \u201cAs climate scientists recognize, the two-degree targets being discussed in Paris will require a mix of nuclear energy, renewables, and carbon capture and storage. No single technology can do the job. Only a mix can deliver, and nuclear must be part of that mix.\u201d<\/p>\n<p>Dr. Barrett concluded: \u201cOntario recognized this long ago, and offers an energy model that the world should embrace.\u201d Ontario eliminated coal-fired generation last year, achieving a North American first.<\/p>\n<p style=\"text-align: center;\">-30-<\/p>\n<p>For more information:<\/p>\n<p>Malcolm Bernard<br \/>\nDirector of Communications<br \/>\n613-237-4262<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO (December 3, 2015) \u2013 The Canadian Nuclear Association (CNA) says Bruce Power\u2019s long-term agreement with the Independent Electricity System Operator (IESO) means jobs, affordable power and clean air for decades. \u201cOntario is already a world leader in switching from fossil fuels to low-carbon energy,\u201d said CNA President and CEO Dr. John Barrett. \u201cThis agreement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"topic":[],"class_list":["post-12770","post","type-post","status-publish","format-standard","hentry","category-non-classifiee"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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