NO NUKE PLANT FOR ALBERTA!!!

[Oscar]

Bruce Power Will Not Proceed With Nuclear Option in Alberta

----- Original Message -----
From: Gordon Edwards
Sent: Monday, December 12, 2011 9:15 PM
Subject: Bruce Power Will Not Proceed With Nuclear Option in Alberta

Background:

It is a tribute to the hard work and intelligent criticism of the citizens of Alberta -- North, South, and Central -- that the project to build nuclear reactors in the Peace River area has been unceremoniously scrapped.

It bears out the claim that some critics made from the beginning, that the building of nuclear reactors in Northern Alberta would only truly benefit the reactor salesmen, who desperately wanted to build a nuclear reactor somewhere -- anywhere! -- in North America to facilitate sales to other countries around the world.

Special thanks must go to the dedicated citizens in various locations who worked tirelessly to educate their fellow citizens of the inherent dangers of nuclear power, as manifested most dramatically by the explosive self-destruction of 4 reactors in Japan earlier this year.

Thanks too to the professional people who volunteered their time to point out essential features of the nuclear gamble and point the citizens of Alberta towards reliable sources of information independent of the promoters of nuclear power. In particular, Heinz-Peter Jurgen, Jim Harding, Helen Caldicott, Jack Century, and Paul Gunter, to mention a few.

As president of the Canadian Coalition for Nuclear Responsibility (CCNR) I was proud to play a role in this successful struggle.

Gordon Edwards.

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Bruce Power Will Not Proceed With Nuclear Option in Alberta

http://www.marketwire.com/press-release/
bruce-power-will-not-proceed-with-nuclear-option-in-alberta-1597569.htm

Bruce Power Media Release, December 12, 2011

http://tinyurl.com/6wwurzv

PEACE RIVER, ALBERTA--(Marketwire - Dec. 12, 2011) - Bruce Power has decided it will no longer advance the option for a new nuclear plant in Alberta that has been under consideration by the company since 2007.

"Throughout our existence at Bruce Power we've looked at a number of potential business development opportunities," said Duncan Hawthorne, Bruce Power's President and Chief Executive Officer. "We've decided the new nuclear option in Alberta is not something our company will be progressing further."

When Units 1 and 2 return to service in 2012, Bruce Power, Canada's only private nuclear power generating station, will operate the largest nuclear facility in the world, its eight units producing a quarter of Ontario's electricity and half of the nuclear power in Ontario.

"Innovative businesses develop and consider new opportunities, but we've made a business decision to continue to put our full focus on the safe, reliable operations and ambitious investment program on our Bruce site," Hawthorne said.

Since late-2007, when Bruce Power acquired Energy Alberta, the company has become known in Alberta and Peace Country, developing and evaluating the possibility of building a new nuclear facility to power Alberta's growing economy.

"I'd like to thank the many people in Peace Country who stood with us to investigate an option for Alberta's energy future and for welcoming us into your community," Hawthorne said. "I have no doubt there will come a day when nuclear will have a place in a balanced supply mix in Alberta."

The Alberta government also opened the door to considering the nuclear option, under some conditions, following a public consultation process throughout the province. After extensive analysis and environmental studies, Bruce Power also identified an ideal site.

"There is no question, the option for a new nuclear facility in Peace Country and in Alberta is a strong one and will be an important consideration moving forward," Hawthorne said. "Over the last several years, we've had strong support from a number of elected officials and citizens in the community and that support continued to grow as the facts about nuclear power became known both in this community and throughout Alberta."

Bruce Power will continue to work with its investors and the Ontario Power Authority on the feasibility of securing 6,300 megawatts (MW) from the Bruce site following the successful restart of Units 1 and 2 in 2012, which will inject another 1,500 MW of baseload generation into the Ontario market.

About Bruce Power

Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust (a trust established by the Ontario Municipal Employees Retirement System) the Power Workers' Union and The Society of Energy Professionals.

Contact Information

Bruce Power, John Peevers,
519-386-3799
john.peevers@brucepower.com