Bruce Power Statement on North American Climate, Clean Energy, and Environment Partnership

TIVERTON, ON, June 30, 2016 /CNW/ - Bruce Power applauds the commitment to clean energy, including nuclear, announced yesterday by Prime Minister Justin Trudeau, U.S. President Barack Obama and Mexican President Enrique Peña Nieto.

The three countries will strive to achieve a goal of 50 per cent clean power generation for North America by 2025, including nuclear, renewable, and carbon capture and storage technologies, as well as demand reduction through energy efficiency.

A range of initiatives were announced to support this goal, including collaborating on cross-border transmission projects and joint research to advance clean technologies in priority areas such as nuclear energy, smart grids and energy storage, reducing methane emissions, carbon capture and advanced heating and cooling.

It's estimated the development of current and future projects and policies to achieve this goal will create thousands of jobs in the clean energy sector and support a clean growth economy.

Last year, Bruce Power, the Council of the Great Lakes Region and the Provincial Building & Construction Trades Council of Ontario released a report entitled 'Driving Economic Growth & Keeping the Air Clean: The Role of Nuclear Power in the Great Lakes Region' that takes an in-depth look at nuclear energy in the eight states and two provinces that make up the region.

Following are a few of the report's highlights:

• Emissions-free nuclear power annually avoids 250 million metric tonnes of CO2 in the air, which is equivalent to removing over 52 million passenger cars from the road.
• The 55 nuclear reactors in the Great Lakes Region directly and indirectly employ over 80,000 highly skilled workers annually through operations, manufacturing, support and contracts.
• These facilities combine to inject an estimated $10 to $12 billion a year into the Great Lakes economies through direct and indirect spending in operational equipment, supplies, materials and labour income.

About Bruce Power
Bruce Power operates the world's largest operating nuclear generating facility and is the source of roughly 30 per cent of Ontario's electricity. The company's site in Tiverton, Ontario is home to eight CANDU reactors. Formed in 2001, Bruce Power is an all-Canadian partnership among Borealis Infrastructure Trust Management (a division of the Ontario Municipal Employees Retirement System), TransCanada, the Power Workers' Union and the Society of Energy Professionals. A majority of Bruce Power's employees are also owners in the business.

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SOURCE Bruce Power

Image with caption: "Bruce Power corporate offices (CNW Group/Bruce Power)". Image available at: http://photos.newswire.ca/images/download/20160630_C6955_PHOTO_EN_725970.jpg

John Peevers - 519-361-6583; Bruce Power Duty Media - 519-361-6161