Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

Ontario Moves towards New Clean Energy and Retirement of Coal Units

LCG, February 28, 2012--Ontario's power grid operator, the Independent Electricity System Operator (IESO), announced that over 2,600 MW of capacity is expected to be added to the Ontario grid over the next 18 months. The new capacity will support Ontario's plans to shut down coal-fired generation owned by Ontario Power Generation.

The new electric generation capacity includes nuclear power from two, 750-MW units currently being refurbished. Bruce Power expects the Bruce 2 reactor to commence operations in the first quarter of 2012 and Unit 1 in the third quarter. Bruce Power currently operates the Bruce A and Bruce B nuclear power stations, which include six active units and the two being refurbished.

An additional 400 MW of gas-fired generation - plus over 700 MW of renewable capacity - is also scheduled to begin delivering power to the grid over the next 18 months.

To support the new generation resources and the loss of the coal-fired units, the IESO stated a new 500-kV electric transmission line between Bruce and Milton will soon also commence operations.

In December 2011, Bruce Power announced that it will no longer pursue the development of a new nuclear power plant in Alberta. Bruce Power?s President and Chief Executive Officer stated, "Throughout our existence at Bruce Power we've looked 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."

Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers? Union and The Society of Energy Professionals.
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