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Bruce Power

John Peevers

Director of Community, Media Relations �& Economic Development

October 2024

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A bit about�Bruce Power

Canada’s only private-sector nuclear

generator, producing 30% of Ontario’s

clean, reliable electricity.

An important source of sterilization and

cancer-fighting medical isotopes used

globally.

Investing in extending the life of our fleet. Canada’s largest private sector infrastructure project

Increasing the output of existing units to contribute to a prosperous, clean energy future

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Powering Ontario Forward

* 4 total units offline� for refurbishment

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Securing Decades of Clean, Reliable Electricity

Long-term investment to in nuclear fleet to secure site operation to 2064.
Life-Extension Program – Inspection, Asset Management, Major Component Replacement
Major Component Replacement – Involves replacement of key reactor components in Units 3-8

Unit 3 MCR

Breaker Open March 1, 2023

Unit 6 MCR

Return to Service September 14, 2023

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Life-Extension Program

Optimization of Inspection activities, Asset Management and MCR will secure

Bruce Power generating assets through 2064.

The refurbishment of Units 1 and 2 was completed in 2012, extending the useful life to at least 2043

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More Power Output - Project 2030

Helping meet�future energy demand

About equivalent to adding one large-scale reactor with current infrastructure

2018�

6,430 MW

SITE NET PEAK

(Project 2030 start)

2022�

6,550 MW

SITE NET PEAK

Early 2030s�

7,000 MW+

TARGET SITE NET PEAK

2016�

6,300 MW

SITE NET PEAK

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Cancer-Fighting Medical Isotopes

Leading the way in nuclear medicine – producing cobalt-60 and lutetium-177 through made-in-in Ontario partnerships
Commercial production of lutetium-177 began in October 2022 – first company to produce this isotope in a commercial reactor
Future isotope production – evaluating opportunities to produce up to six new isotopes
Global demand on the rise - By 2031, the global nuclear isotope market is expected to reach between $14 billion and $31 billion US.
Collaboration with Saugeen Ojibway Nation – collaborate to market new isotopes and create economic opportunities

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Ontario’s Pathway to Decarbonization

Federal commitment to net zero grid by 2035
Pathways to Decarbonization: Ontario needs more than double its nuclear capacity by 2050

17,800 MW

Added nuclear capacity needed in Ontario by 2050 to decarbonize, with overall capacity more than doubling to 88,000 MW (IESO Pathways to Decarbonization)

Bruce Power vital to Ontario’s Clean Energy Future

Pathway Scenario – Installed Capacity in 2050

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Powering Ontario’s Growth

Ontario Government recognized the province’s nuclear advantage in 2023 with the release of its Powering Ontario’s Growth plan:

New nuclear at the Bruce Power site – starting pre-development work for potential new nuclear Bruce C Impact Assessment to evaluate impacts of adding up to 4,800 MW of new capacity on the existing site.
No decision has been made - IA process used as a planning tool – focus on dialogue and engagement. IA will be technology neutral – considers multiple technologies and forms bounding case for reactor parameters.
New nuclear at Darlington – moving ahead with three additional small modular reactors
Building new transmission
Pumped hydroelectric storage
Hydroelectric power

In July 2023, the Ontario government recognized the province’s nuclear advantage with the release of its Powering Ontario’s Growth plan.
Building new transmission – three new transmission lines to power conversion from coal to power the Electric Arc Furnaces at Algoma Steel as well as growth in Northeaster Ontario; one new transmission line to power growth in the Ottawa region and across eastern Ontario.
Pumped hydroelectric storage – advancing the Ontario Pumped Storage Project and Marmora Pumped Storage Project to Ontario’s first Long-Duration Storage Assessment.
Hydroelectric power – optimizing OPG’s hydroelectric fleet to increase generation.
Next competitive energy procurement – starting planning for Ontario’s next competitive electricity procurement focused on new clean resources including wind, solar, hydroelectric, batteries and biogas.
Integrated energy planning – advancing foundation work toward Ontario’s first long-term integrated energy plan through the Electrification and Energy Transition Panel.

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Economic Development: The Nuclear Sector in Western Ontario

Chatham-Kent, ON

October 25^th, 2024

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What is the Nuclear Innovation Institute?

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Bruce, Grey and Huron: home to the Clean Energy Frontier

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Bruce, Grey and Huron: home to the Clean Energy Frontier

The program: a public-private partnership funded by Bruce County and Bruce Power, hosted at the Nuclear Innovation Institute
These regions' common thread? The significance of clean energy as an economic driver

A network of nuclear suppliers in communities throughout the tri-county region

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2016 Major Suppliers

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13 major suppliers

3 communities

1 county

�

BRUCE COUNTY

13

2016 major suppliers

KINCARDINE

PORT ELGIN

TIVERTON

7

4

2

BRUCE COUNTY

13

GREY

BRUCE

HURON

PORT ELGIN

TIVERTON

KINCARDINE

SAUGEEN

FIRST NATION

CHIPPEWAS�OF NAWASH

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2022 Major Suppliers

16

60+ major suppliers

14 communities

3 counties and �1 SON community

�

2024 major suppliers

KINCARDINE

PAISLEY

PORT ELGIN

SOUTHAMPTON

TEESWATER

TIVERTON

UNDERWOOD

WALKERTON

22

1

19

11

1

6

1

BRUCE COUNTY

52

ELMWOOD

DURHAM

OWEN SOUND

1

5

GREY COUNTY

7

GODERICH

WINGHAM

1

HURON COUNTY

2

NEYAASHIINIGMIING

1

CHIPPEWAS OF NAWASH

1

HURON

PORT ELGIN

GREY

BRUCE

HURON

TIVERTON

KINCARDINE

UNDERWOOD

PAISLEY

ELMWOOD

DURHAM

OWEN SOUND

NEYAASHIINIGMIING

SOUTHAMPTON

WALKERTON

TEESWATER

WINGHAM

GODERICH

SAUGEEN

FIRST NATION

CHIPPEWAS�OF NAWASH

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Resources available: economic impact report

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nii.ca/clean-energy-frontier

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Economic impact: provincial GDP 2020

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Bruce Power’s GDP contribution is more than the aerospace products & parts manufacturing sector, pulp & paper milling and all provincial sawmills combined.

* includes direct, indirect and induced effects.

PROVINCIAL �GDP CONTRIBUTION

$4.03� BILLION

$4.03� BILLION*

$3.6 �BILLION

Aerospace�products & parts manufacturing

sector

$2.8 �BILLION

$1.5 �BILLION

Pulp & paper

milling

Provincial

sawmills

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Economic impact: taxes 2020

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$473.6� MILLION

$233.5� MILLION

MUNICIPAL

GOVERNMENT

SHARE

Most of the $233.5 million municipal tax revenue is collected by municipalities in the Clean Energy Frontier.

PROVINCIAL

GOVERNMENT

SHARE

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$1.43 billion in household spending in 2020

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$56 �MILLION

spent on restaurants

$151 �MILLION

spent on groceries

The employment income induced by the local nuclear sector supported…

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$1.43 billion in household spending in 2020

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The employment income induced by the local nuclear sector supported…

$71 �MILLION

spent on

retail clothing �& accessories

$16 �MILLION

spent on �household pets (food, veterinarian services, etc.)

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Industry clusters in Ontario

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Selected regional industry clusters in Ontario, Location Quotient values (Canada = 1.00)

Source: Statistics Canada 2016 Census - Figure 6

*Excludes oil and gas extraction

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Working Together

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Thank you.

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Nuclear Waste Management Organization (NWMO)

Presented by:

Michael Pahor

Director of Site Selection, South Bruce

October 25, 2024

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We are the Nuclear Waste Management Organization

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Wabigoon-Ignace area

Saugeen Ojibway Nation-South Bruce area

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Saugeen Ojibway �Nation – South Bruce �potential site

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Used nuclear fuel storage and management

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How a deep geological repository protects people and the environment

Fuel bundle

Used Fuel Container

Bentonite clay

Host rock

Fuel pellet

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Saugeen Ojibway Nation – South Bruce area

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What’s next?�(timeline estimates)

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Labour force needs of the project

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Direct, indirect, and induced employment opportunities

700 long-term NWMO jobs

Operational Jobs in South Bruce

1,100 indirect & induced jobs

Supplier and local businesses

$390 m

Anticipated additional GDP in Core Study Area resulting from the project

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NWMO Centre of Expertise (CoE) �and regional tourism

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Thank you!

Michael Pahor

Director of Site Selection

NWMO, South Bruce

mpahor@nwmo.ca