A message from Mike Rencheck, Bruce Power President and CEO

On January 1, 2016, Bruce Power Safety First logo externalembarked on a multi-year life extension program with a clear and unwavering goal to safely deliver, clean, reliable, low-cost electricity for Ontario until 2064.

We’ve invested heavily in planning and preparation and have built our life extension program based on 15-years of lessons learned.

We remain steadfastly committed to delivering the life extension program for Ontario families and businesses and to be successful we need to partner with strong suppliers that share our values and behaviours and are committed to safely executing our life extension program, on-time and on-budget;   Safety First is our number one priority and underpins everything we do at Bruce Power.

In order to be successful we all need to understand what success looks like and for us it means:

  • Safe, reliable operations providing Ontario with low-cost, competitively priced electricity.
  • Deliver projects on time and on budget
  • Leverage our long-term framework to build a sustainable workforce and supply chain
  • Work together to deliver win-win solutions for our community

To meet these goals we will focus on four key areas in 2017:

  • Operational excellence
  • Project excellence
  • Innovation and sustainability
  • People and community

To ensure our communities share in the economic benefits from the life extension program, we’re developing a Nuclear Industry Investment Strategy to provide a coordinated, consolidated approach to investment attraction for the region. The strategy will include an action plan for achieving results and we need our supplier companies to join us in delivering this plan.

Over 90 per cent of the life extension investment will be spent in Ontario supporting 22,000 direct and indirect jobs annually at peak from hundreds of large and small suppliers throughout the province.

As part of our agreement with the province, we have the opportunity to return funds to ratepayers by delivering additional operational efficiency. We need to do our part in keeping rates affordable by managing every dollar as efficiently as possible and we need our supplier companies to help us achieve this.

Strong leadership, teamwork and the proper behaviours will deliver the required results.

Together, we will be successful together.

Mike Rencheck
President and CEO, Bruce Power