News

Pickering Nuclear granted 10-year licence extension

By ReNew Canada 02:43PM August 08, 2018

139


0


Read Later

The Canadian Nuclear Safety Commission (CNSC) has announced its decision to grant a 10-year operating licence for OPG’s Pickering Nuclear Generating Station.

“OPG is very pleased with the CNSC’s decision that will save Ontario’s electricity customers up to $600 million and preserve 7,500 jobs across Ontario,” said Jeff Lyash, OPG’s president and CEO. “Today’s decision reflects our continued investment in Pickering to improve its already strong performance, and the dedication of our staff to nuclear safety and ensuring safe and reliable operations to 2024.”

The licence will be valid from September 1, 2018 until August 31, 2028. The station will operate until the end of 2024, followed by safe storage activities, such as removal of fuel and water, between 2024 and 2028.

OPG applied to the CNSC for a licence renewal in August 2017. From June 25 to June 29 2018, the CNSC held a public hearing in Pickering, Ontario.

Continued safe operations of Pickering Nuclear will help to secure a reliable and efficient supply of low cost, baseload electricity. OPG has continually invested in the station to keep the units running efficiently.

Operating Pickering until 2024 will avoid carbon emissions comparable to taking 3.4 million cars off the road.

Would you recommend this article?

Suggested News Articles

News, Western CanadaAug. 01, 2018
Read Later

BC Hydro finalizes Waneta purchase

BC Hydro has finalized the $1.2 billion deal to purchase the remaining two-thirds interest in the Waneta Dam and Generating Station from Teck Resources Limited (Teck). “This purchase provides ongoing…
Atlantic Canada, NewsJul. 16, 2018
Read Later

Moltex joins N.B. nuclear research and innovation cluster

The New Brunswick Energy Solutions Corporation has announced the participation of Moltex Energy in the nuclear research cluster that will work on research and development on small modular reactor technology.…
News, OntarioJul. 12, 2018
Read Later

Hydro One CEO, Board to be replaced

Hydro One Inc. has announced that it has entered into an agreement with the Government of Ontario for the purpose of the orderly replacement of the board of directors of…

Comments

0