TIVERTON, ONT. — Bruce Power has essentially been given the go-ahead to embark on several critical activities, such as workforce planning, pre-construction and site prep planning, for a proposed 4,800 megawatt (MW) nuclear generating station.
The Province of Ontario has directed the Independent Electricity System Operator (IESO) to enter into a cost-sharing and recovery agreement, enabling Bruce Power to move forward with these next steps, which are expected to cost $300 million and be completed by 2030.
The proposed generating station will provide enough power for 4.8 million homes and create 18,900 jobs during construction and 6,700 once operational, a release reads.
Through this agreement, IESO will share in the costs incurred by Bruce Power to continue advancing key predevelopment activities including engagement with First Nations, local communities, building trades and suppliers, which will occur alongside the work currently underway for completion of the federal Impact Assessment (IA) and receipt of a Licence to Prepare Site from the federal Canadian Nuclear Safety Commission (CNSC).
Bruce Power currently operates two generating stations – Bruce A and B – powering eight total reactors. Bruce C will build on this existing infrastructure, helping to reduce development timelines and costs.
In 2024, Bruce Power commenced the federal IA process. That same year the Ontario government also issued a minister’s directive to the IESO to enter into a cost sharing and recovery agreement with Bruce Power for the Bruce CIA.
