Bruce Power Restart

On March 16, 2012 TransCanada announced that Bruce Power has received authorization from the Canadian Nuclear Safety Commission to power up the Unit 2 reactor, effectively ending the construction and commissioning phases of the project.

Bruce Power will now complete final safety checks for the Unit 2 reactor as preparations begin to synchronize the unit to Ontario's electricity grid. The company anticipates the unit will start commercial operations in the second quarter of this year. Refurbishment of the Unit 1 reactor at Bruce Power is progressing as well and it is expected to begin operations in the third quarter of 2012.

Bruce Power continues to advance an initiative to further extend the operating lives of Units 3 and 4. Unit 4 is now expected to continue to operate beyond 2018 and plans are in place to implement an extensive maintenance program that, if successful and approved by the Canadian Nuclear Safety Commission would see the life of Unit 3 extended for a similar period of time.

TransCanada's share of the net capital cost of the refurbishment is expected to be $2.4 billion. Once the work is complete, Bruce Power will be the world's largest nuclear facility, generating more than 6,200 megawatts (MW) or about 25 per cent of Ontario's power.

Bruce Power consists of two generating stations (Bruce A & B) with each station housing four nuclear reactors. Six of those reactors are currently operational, producing more than 4,700 MW of power. TransCanada owns 49 per cent of Bruce A and 32 per cent of Bruce B