Updates to councils: OPG is visiting six local municipal councils in September to provide updates on operations at the Western Waste Management Facility (WWMF), and answer questions from elected officials. For places, times and agendas of council meetings, please see your local municipal websites. Our delegations are scheduled for: Sept. 5 at Kincardine, Sept. 6 at Bruce County, Sept. 11 at Saugeen Shores, Sept. 17 at Huron-Kinloss, and Sept. 24 at each of Arran-Elderslie and Brockton.
Speakers and tours: Thank you to the Probus Club of Kincardine, for inviting OPG to deliver a few remarks to their monthly gathering this past week (Probus is an international association of retirees seeking to expand their interests). Local groups wishing to book a speaker about OPG and Nuclear Waste Management can contact me. OPG is also pleased to give tours to organized groups of its facilities at the WWMF; please contact Lynda Cain at lynda.cain@opg.com
Around Ontario:
- Pickering license renewal: The Canadian Nuclear Safety Commission (CNSC) has granted Pickering Nuclear a 10-year operating licence. The decision “will save Ontario’s electricity customers up to $600 million and preserve 7,500 jobs across Ontario,” said Jeff Lyash, OPG President and CEO. The station will operate until the end of 2024, followed by safe storage activities, such as removal of fuel and water, between 2024 and 2028.
- Indigenous awards:
OPG has recognized two exceptional students as 2018 recipients of the OPG John Wesley Beaver Memorial Student Awards. Elizabeth Brant, a member of Mohawks of the Bay of Quinte, is in the Environmental Technician program at Loyalist College. Aaron Jones, a member of the Garden River First Nation near Sault Ste. Marie, is studying Natural Environment Technology at Sault College.
- OPG acquisition: OPG is purchasing 100% of Eagle Creek Renewable Energy, an owner and operator of 63 small hydropower facilities in the United States. The acquisition will have no impact on electricity customers in Ontario and will lead to higher returns for OPG’s shareholder, the Province of Ontario.
- Financial results: OPG reported net income of $121 million for the second quarter of 2018. “We remain focused on continuing to be Ontario’s lowest-cost electricity producer and driving value from our public assets for the benefit of our owners, the people of Ontario,” said Jeff Lyash, OPG President and CEO.