PEACE RIVER, Alta. – Bruce Power said Monday that it is no longer interested in developing a new nuclear plant in Alberta, something it has been considering since 2007.
Since late-2007, when Bruce Power acquired Energy Alberta, the company has been evaluating the possibility of building a new nuclear facility to help power Alberta’s growing economy.
However, “after looking at a number of potential business development opportunities “we’ve decided the new nuclear option in Alberta is not something our company will be progressing further, ” president and CEO Duncan Hawthorne said in a release.
“I’d like to thank the many people in Peace Country who stood with us to investigate an option for Alberta’s energy future and for welcoming us into your community,” Hawthorne said.
“I have no doubt there will come a day when nuclear will have a place in a balanced supply mix in Alberta.”
The Alberta government opened the door to considering the nuclear option, under some conditions, following a public consultation process throughout the province. After extensive analysis and environmental studies, Bruce Power also identified an ideal site.
“There is no question, the option for a new nuclear facility in Peace Country and in Alberta is a strong one and will be an important consideration moving forward,” Hawthorne said.
Bruce Power operates Canada’s only private nuclear power generating station in Kincardine, Ont..
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