Bruce Power's President and CEO says the company marked a successful 2022, and has an exiting 2023 ahead.
Mike Rencheck credited stakeholders, partners, and suppliers for helping the company become a powerful partner in clean energy and in providing isotopes for the global fight against cancer.
“It was a satisfying year for Bruce Power and everyone who worked so hard to make 2022 a success,” said Rencheck. “We have a lot to be proud of, and it’s our people and our partners who are powering us forward as a leader in clean energy and in the global fight against cancer. Together, we’re working toward a bright future and I’m excited for 2023 and beyond as we continue to focus on improving our performance, completing our life-extension activities, and doing our part to make our communities a better place to live.”
Rencheck is looking forward to 2023 and beyond. He said the company will focus on improving performance and completing life-extension activities.
He said a significant highlight in 2022 was seeing Bruce Power and its partners became the first to produce the isotope lutetium-177 in a commercial reactor.
The company is collaborating with Saugeen Ojibway Nation to market the new isotope supply in an equity partnership.
Rencheck said both the Major Component Replacement Project (MCR) and Life-Extension Program progressed well in 2022.
"We’re pleased with the progress we’ve made, along with our partners, as we look toward bringing Unit 6 back into service in 2023,” added Rencheck . “Beginning our Unit 3 MCR outage in March and returning Unit 6 to service later in the year, our investments help to support a clean, carbon-free electricity grid for the people of Ontario for decades to come, while also stimulating economic development throughout the province.”
Last year included numerous planned outages, such as the Bruce A Vacuum Building Outage that required all four operating units to be shut down at the same time.
That was necessary to inspect a crucial safety system unique to CANDU reactors. As well, planned maintenance outages in Units 4, 5, and 7, were completed.