Bruce Power Refurbishment

Rank 2021

2

Industry Sector: Energy

Range $13 billion

Specific Sector: Nuclear

Project Value: $13,000,000,000

Government Funds Involved: Private

Funding Source: Private

Location Ontario

Estimated End Date of Substantial Completion: 2030

In December of 2015, Bruce Power announced its plan to refurbish six of its eight nuclear reactors at its plant near Kincardine, Ont. The project, originally scheduled to commence in 2016, was postponed until 2020 based on the usable life of the reactors. The 15-year refurbishment project will include work on six of the plant’s eight CANDU reactors. The eight reactors produce 6,300 MW of power annually, approximately 30 per cent of Ontario’s current energy usage.

The Bruce Power refurbishment project will make up to 23,000 jobs possible and generate about $6.3 billion in annual economic benefits in communities throughout the province.

The new agreement between the Ontario government and Bruce Power has achieved $1.7 billion in savings for electricity customers when compared to the forecast in the 2013 Long-Term Energy Plan (2013 LTEP). This means a reduction in forecast household electricity bills by about $66 each year over the next decade according to the Ontario government.

Bruce Power is investing approximately $13 billion of its own funds to cover the costs associated with the refurbishmment, and agrees to take full risk of cost overruns on refurbishments of the six nuclear units.

In October 2020, the project reached an important milestone as workers have completed the preparations to begin the major component replacement with the successful installation of protective shielding and 16 bulkheads, weighing over seven tons each, to isolate Unit 6 from the operating units.

Project Owner: Bruce Power

P3 Team Members/Project Team: Concert Infrastructure; Bird Construction; Stantec; Concert Realty Services; Stonebridge Financial Corp.

Engineer: Hatch (preliminary/planning study); Wood Group (design); Tetra Tech (MCR)

Contractor: AECOM, Aecon, AREVA NP (Unit 6 steam generator replacement); Black & McDonald (Unit 6 mechanical and electrical projects); Shoreline JV: Aecon, AECOM, SNC-Lavalin (Fuel Channel Feeder Replacement program)

Other Key Players: WSP (drafting support); Golder; Deloitte; AGAT Labs (analytical testing); Burns & McDonnell (integrated project controls support)

Architect Names: Hatch (on MCS and decontamination building)

Supplier Other: Laker Energy Products (end fittings, liners, and flow elements); BWXT Canada Inc. (steam generators); Nu-Tech Precision Metals (zirconium alloy pressure tubes); Cameco Fuel Manufacturing (calandria tubes and annulus spacers); DECAST

Legal: Osler (lead counsel); Torys (acting for the lender)

2020 Rank: 2

2019 Rank: 2

2018 Rank: 1

2017 Rank: 1

2016 Rank: NR