Electricity
Bruce Power Limited Partnership (BPLP)
BPLP leases and operates four Candu nuclear reactors that have the capacity to provide about 18% of Ontario's electricity.
| Location | Ontario, Canada |
| Ownership | 31.6% |
| ISO certification | ISO 14001 certified |
| Expected reactor life | 2018 to 2021 |
| Term of lease | 2018 – right to extend for up to 25 years |
| Generation capacity | 3,260 MW |
Background
We are the fuel procurement manager for BPLP's four nuclear reactors and for Bruce A Limited Partnership's (BALP) two operating reactors.
We provide 100% of BPLP's uranium concentrates and have agreed to supply BALP with the majority of its future uranium concentrates. We also provide 100% of BPLP and BALP's fuel manufacturing and UO2 requirements.
2011 update
Output
BPLP's capacity factor was 87%.
Collective agreements
The collective agreements with the Power Workers' Union and the Society of Energy Professionals expired in December 2010. BPLP reached an agreement with the Power Workers' Union this year for a new contract that extends to 2013, and with the Society of Energy Professionals for a new contract that extends until 2014.
Planning for the future
Output
We expect the capacity factor to be 95% in 2012 and actual output to be about 9% higher than 2011.
Managing our risks
BPLP manages the unique risks associated with operating Candu reactors. The amount of electricity generated, and the cost of that generation, could vary materially from forecast if planned outages are significantly longer than planned, or there are many unplanned outages, either for maintenance, regulatory requirements, equipment malfunction or due to other causes.
BPLP also manages the risks listed here.