Canada’s Bruce Power said on 31 March that it is continuing to contribute to a Net Zero Canada by 2050 by announcing its commitment to achieve Net Zero greenhouse gas (GHG) emissions from its site operations by 2027. This makes Bruce Power the first nuclear operator in North America to announce such a commitment.
“One of the largest emissions reduction initiatives in a generation – the phase out of coal in Ontario – was made possible by Bruce Power, and we are building on this leadership role by recognising that we will be successful in our fight against climate change by leveraging our existing assets as part of our clean energy agenda,” said Bruce Power President and CEO Mike Rencheck. “Last fall, we released our NZ-2050 Strategy outlining our contribution to a Net Zero Canada by 2050, and today we are announcing a key milestone in the implementation of this agenda.”
This builds on the company’s NZ-2050 plan that will help Canada meet its emissions targets by 2050. Bruce Power’s NZ-2050 Strategy consists of five pillars:
- Optimise and leverage existing investments in Canada’s largest private-sector infrastructure project to drive further decarbonisation;
- Foster innovation in new energy technologies including new nuclear and fusion energy;
- Use nuclear power generation to produce clean fuels and electrify industrial processes and transportation with an historic opportunity to contribute to a national hydrogen and clean fuels strategy;
- Create an ecosystem of “green collar” jobs including the nuclear, manufacturing, and energy development sectors with a focus on diversity and more representation from women, visible minorities and Indigenous peoples;
- Inspire innovation by supporting strong social responsibility and sustainability, and providing contributions to global health such as life-saving medical isotopes as the world battles COVID-19.
Bruce Power will host a Clean Energy Innovation and Recovery Summit this September, which will feature updates on "game-changing opportunities" from the Bruce Power Centre for Next Generation Nuclear Technology at the Nuclear Innovation Institute.