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Bruce Power reaches $350 M agreement to replace more steam generators

Bruce Power has reached a $350 million agreement with SGRT for the replacement of steam generators on Units 3 and 4. SGRT is a joint venture between Aecon and The Steam Generating Team (SGT), and a partnership between Framatome and United Engineers and Constructors. SGRT will perform engineering and planning activities, remove the existing steam generators and install the new steam generators at Units 3 and 4.

Mike Rencheck, Bruce Power’s President and CEO, says Unit 6 remains on track but it’s important to plan for future Major Component Replacement (MCR) Projects. Rencheck says the projects play a key role in stimulating the economy as Ontario moves into the recovery phase of the COVID-19 pandemic. He says Expanding the life of the Bruce Power site until 2064 will result in an annual injection of $4 billion into Ontario’s economy while creating and sustaining 22,000 jobs across the province each year.

Rencheck explained, “Securing the long-term future of the Bruce site is vital to ensuring Canada meets its commitment to achieve net-zero emissions by 2050.”

He said expanding the life of the Bruce Power site until 2064 will result in an annual injection of $4 billion into Ontario’s economy while creating and sustaining 22,000 jobs across the province each year. He also pointed out the company will continue to safely provide clean, affordable, reliable power and life-saving medical isotopes, while strengthening local communities and protecting the environment.

The Hon. Todd Smith, Ontario’s Energy Minister, praised the arrangement, “I want to congratulate Bruce Power and its SGRT partners on this milestone. This collaboration is a great example of how the public-private partnership investment in the Bruce Power site can power Ontario homes and businesses with clean, reliable and affordable energy, as well as support our post-pandemic economic recovery through investments in local jobs.”

“This contract award builds on the successful work by SGRT at Unit 6 and further demonstrates Aecon’s diverse, industry leading expertise as the largest nuclear constructor in Canada,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc.

“This is an exciting time for Bruce Power and the nuclear industry in Ontario,” said Eric Chassard, Bruce Power’s Executive Vice President, Projects and Engineering. “We are proud of the work we are doing to extend the life of our units to meet the electricity needs of the province, while also pursuing our goal of Net Zero greenhouse gas emissions by 2027. We’re thrilled to continue  collaborating with our partner, SGRT, for the Unit 3 and 4 steam generator replacement work. Long-standing partnerships are  critical to our business and we thank SGRT for its commitment, focus and dedication to this mega-project.”

SGRT signed a previous contract with Bruce Power in 2017 to replace the steam generators at Unit 6. Field work at this unit is currently underway with the majority expected to be completed this year.

“SGRT is proud to be a long-term partner to Bruce Power and support its significant investment in the Major Component Replacement Project,” said Robert J. LoCurto, President of SGT. “SGT brings 25 years of experience to support the continued efficient and reliable operation of the Bruce plant, which is crucial to meeting Canada’s clean energy goals while also creating and sustaining local jobs and economic activity.”
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