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2023 Bruce Power Annual Review and Energy Report

2023 Bruce Power
Annual Review and Energy Report

Document

Power that lights the path to the future

The future is nuclear

The future is nuclear

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30%
OF ONTARIO’S ELECTRICITY
8
CANDU
REACTORS
PROJECT
2030
7,000 MEGAWATTS
FOR THE 2030s

Investing in nuclear

A clean energy future

The Ontario government recognized the province’s nuclear advantage in 2023 with the release of its Powering Ontario’s Growth plan.

Canada joins pledge to triple nuclear capacity by 2050.

In December, Canada was one of more than 20 countries to sign a new Ministerial Declaration to triple nuclear energy by 2050.

Carbon-free electricity

Powering Ontario’s growth

Bruce Power is a crucial part of Ontario’s clean energy grid, past, present and future.
28%
Bruce Power

53%
Nuclear

25%
Hydro

13%
Gas

8%
Wind

0.7%
Solar .5 and Biofuel .2%

ELECTRICITY
GENERATION (2023)

Electricity supply in Ontario comes from a diverse mix of fuel types: wind, solar, hydro (water), natural gas, and nuclear. Zero-carbon nuclear electricity is the backbone of our grid, providing 53% of electricity in Ontario, with 28% coming from Bruce Power.

Unit 6 powers more than

890000

homes in Ontario

Unit 6 Major Component Replacement a resounding success

Ontario’s electricity system and its consumers will benefit from Bruce Power’s Unit 6 Major Component Replacement (MCR) outage, which saw the unit come back online in September ahead of schedule, safety performance and cost estimates.

Innovation at work

Bruce Power’s tagline is Innovation at Work, and we strive to live this motto every day to provide safe, clean and reliable power for the people of Ontario.

Medical isotopes

Sending hope
to the world

Bruce Power has led the advancement of medical isotope innovation in power reactors. A new era in nuclear medicine is emerging.

Medical isotopes

Sending hope to the world

Bruce Power has led the advancement of medical isotope innovation in power reactors. A new era in nuclear medicine is emerging.

Safe, reliable operations

Safety first

Bruce Power remains committed to living its number one value of Safety First and protecting its employees, the public and the environment through a relentless focus on continuous improvement and safety.

Award-winning innovation in safety

Bruce Power’s commitment to continuous improvement in safety was recognized in 2023 with a prestigious industry innovation award for a first-of-a-kind safety system.

Environment

Our
impact
matters

Bruce Power is committed to sustainability in all areas of the business to protect the environment.

Community

Our asset is our people

Bruce Power understands that its greatest assets are the people who work here, the people who live in the area surrounding the site, and the people we serve across Ontario.

Walking the path together

Bruce Power is dedicated to honouring Indigenous history and culture and is committed to moving forward in the spirit of reconciliation and respect, while leading by example in its community and industry.

2023

Awards

Canada’s Best Employer for Diversity

Canada’s Top Employers for Young People

Top Innovative Practice Award

Canada’s Most Admired Corporate Cultures™

Bruce Power named among Canada’s Best Employers by Forbes

Mike Rencheck, Bruce Power’s President and CEO, named Leader of the Year by Electricity Human Resources Canada (EHRC)

Download the full 2023 Bruce Power Annual Review and Energy Report
for an in-depth look at the past year.