liability partnership industry electricity generation founded tiverton ontario 2001 key people duncan hawthorne president & ceo products electricity revenue n a can website http www.brucepower.com bruce power limited partnership is a canadian business partnership composed of several corporations . it exists as of 2015 as a partnership between transcanada corporation 31.6 % bpc generation infrastructure trust the ontario municipal employees retirement fund 61.4 % since they bought most of cameco s share in 2014 the power workers union 4 % and the society of energy professionals 1.2 % . 1 it is the licensed operator of the bruce nuclear generating station located on the shores of lake huron roughly 250 kilometres northwest of toronto between the towns of kincardine and saugeen shores . this is the largest operating nuclear plant in the world by output kashiwazaki is currently closed in japan . bruce power owns eight nuclear reactors on lake huron where it leases the bruce site from ontario power generation . 2 with those eight units in operation the facility supplies 6 300 megawatts of electricity to ontario s power grid equivalent to nearly 30 per cent of the electricity use in the province . bruce power became the world s largest operating nuclear facility in 2012 when units 1 and 2 returned to operation after a multibillion dollar refurbishment project . this achievement returned the site to full operating capacity for the first time in 17 years . contents 1 governance 2 current and planned projects 2.1 bruce a restart 2.2 bruce power alberta 3 history 4 nuclear response team 5 references 6 external links governance edit current members of the board of directors of bruce power are dennis fry duncan hawthorne michael rolland bernard michel alexander pourbaix sean mcmaster sean quinn and preston swafford . current and planned projects edit bruce power has invested more than 7 billion in its bruce a and b facilities to restart and optimize the performance of its nuclear fleet over the last decade and has successfully carried out massive refurbishment and plant life extension projects on all of its operational units . bruce a restart edit following the initial bruce a restart project initiated during the british energy incumbency to return to service of units 3 and 4 completed in 2003 04 units 1 and 2 underwent a multibillion dollar refurbishment after years of dormancy . to facilitate this on oct. 17 2005 bruce power announced a revision to its structure . 3 transcanada corporation bpc generation infrastructure trust the pwu and the society formed a new partnership bruce power a limited partnership balp that will obtain a sublease of the bruce a facility . cameco corporation is not an investor in balp . transcanada and bpc will each own a 47.4 % interest in balp and the remaining interest will be owned by the pwu and society . during its peak the bruce a restart project was named the largest infrastructure project in canada and it was widely considered as one of the most complex engineering challenges ontario has ever seen . safety was also a key component of the restart initiative for both bruce power and its contractors . the project marked an astounding 24 million hours worked without a single acute lost time injury . for a project this significant this was a remarkable landmark for the entire industry . in october 2012 bruce power returned units 1 and 2 to commercial operation just weeks after synchronizing to ontario s electricity grid for the first time since 1997 and 1995 respectively . on 3 december 2015 bruce power president ceo duncan hawthorne announced that it would spend 13 billion for a major overhaul of six of its lake huron reactors starting in 2020 . this is a postponement of a project initially planned for 2016 ; the change was made because the reactors should not require major work as soon as 2016 . bruce power will assume any risk of financial overruns . the ontario government was pleased with that news because the province would not be assuming any financial risk . however the agreement will require ontario to pay a higher price for electricity produced by bruce power . naturally the massive project will provide other benefits . the agreement makes 23 000 jobs possible and supports an estimated 6.3 billion in annual local economic development said energy minister bob chiarelli . 4 bruce power alberta edit in 2008 bruce power applied for a license to build a nuclear power plant at cardinal lake . 5 chief executive officer duncan hawthorne travelled to peace river manning and grimshaw alberta to personally inform the communities that bruce power had initiated a process to consider building western canada s first nuclear power plant . through an application filed with the canadian nuclear safety commission bruce power sought approval to prepare a site that could generate 4 000 mw of electricity from two to four reactors that would not produce greenhouse gases or air pollutants . as concerns over climate change continue to grow the proposal could have seen the first unit ready as early as 2017 pending the successful completion of a full environmental assessment ea and consultations with the local communities . as part of the decision making process open houses workshops and community meetings were held and regular newsletters issued to update residents and seek their input across alberta . late in 2011 bruce power announced it had decided against advancing the proposal . 6 history edit bruce a turbine hall during the 2002 04 restart project bruce power was founded as a limited liability partnership in 2001 between british energy 82.4 % cameco corporation 15 % power workers union and the society of energy professionals . following the financial difficulties of british energy in the fall of 2002 the llp became a wholly canadian owned limited partnership on feb. 14 2003 in may 2001 bruce power became the licensed operator of the bruce nuclear generating station in tiverton ontario acquiring the sites from the defunct ontario hydro . bruce a and bruce b are equipped with eight candu nuclear reactors four at each station . the initial four reactors were commissioned at bruce a between 1977 and 1979 while bruce b s were added between 1984 and 1987 . the bruce power site at tiverton is the world s largest nuclear generating facility . since its creation bruce power has successfully restarted all four bruce a reactors . on oct. 7 2003 unit 4 returned to the ontario grid for the first time since 1998 when it was laid up by the site s previous operators . it was then followed by unit 3 on jan. 8 2004 . on oct. 17 2005 bruce power reached an agreement with the ontario power authority and launched a 4.25 billion investment program to refurbish and restart bruce a units 1 and 2 . unit 1 was returned to the grid on sept. 20 2012 with unit 2 following shortly thereafter on oct. 18 2012 . 7 8 restarting those units boosts bruce power s output to 6 300 mw making bruce power the source for about 25 per cent of ontario s electricity on a typical day . in 2014 cameco announced it had agreed to sell its 32 % shareholding in bruce power to bpc generation infrastructure trust borealis infrastructure for 450 million . upon completion of the sale borealis will become the majority partner of bruce power with 56.1 per cent ownership . 9 10 nuclear response team edit nuclear response team country canada branch bruce power type swat role special response in bruce power sites size classified bruce power maintains a small specialized unit namely the nuclear response team nrt which carry out tactical response operations in bruce power sites . nrt members are permitted to carry and use firearms alongside their powers of arrest . they utilize the following firearms switzerland sig p226 germany heckler & koch mp5 usa colt m4a1 references edit from bruce power web site canadian based consortium officially joins bruce power limited partnership nuclear power in canada . world nuclear association . december 2015 http www.world nuclear.org info country profiles countries a f canada nuclear power . retrieved december 5 2015 . missing or empty title help from bruce power web site agreement reached to secure bruce power s future . restart of units 1 and 2 first phase of 4.25 billion investment . benzie robert 3 december 2015 . bruce power to invest 13 billion to refurbish nuclear station on lake huron . toronto star . toronto canada . retrieved 4 december 2015 . bruce power buys assets of energy alberta corp. . bruce power will not proceed with nuclear option in alberta press release . bruce power . 12 december 2011 . bruce power s unit 1 sends electricity to ontario grid for first time in 15 years . bruce power press release . bruce power . bruce power s unit 2 sends electricity to ontario grid for first time in 17 years . bruce power press release . retrieved 19 october 2012 . cameco to leave bruce power . nuclear engineering international . 31 january 2014 . retrieved 1 february 2014 . template the globe and mail external links edit bruce power corporate website bruce power twitter bruce power youtube channel 1 bruce power direct energy solutions retrieved from https en.wikipedia.org w index.php title bruce power & oldid 723027177 categories companies based in ontarioomersnuclear power companies of canadapartnershipshidden categories pages with citations lacking titlespages with citations having bare urlspages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page 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