Bruce Power awards $1.3B- contract to joint venture
Shoreline Power Group includes Aecon, SNC-Lavalin and AECOM Fuel.
- Bruce Power is the world’s largest operating nuclear facility
- With this new contract, Shoreline Power Group will execute Fuel Channel and Fuel Replacement work on all six of Bruce Power’s Major Component Replacement projects.
- Bruce Power’s refurbishment projects are expected to wrap up in 2033.
The Whole Story:
Shoreline Power Group has been awarded a $1.3-billion contract by Bruce Power.
Shoreline Power Group – a joint venture between Aecon, SNC-Lavalin and AECOM Fuel – will work on the Fuel Channel and Feeder Replacement (FCFR) projects for its remaining Major Component Replacement (MCR) projects in Units 4, 5, 7 and 8.
The announcement comes just days after Bruce Power achieved substantial completion on its Unit 6 MCR project on-time and on-budget. Shoreline Power Group completed the FCFR for Unit 6 and had previously been awarded the Unit 3 MCR project which began March 1. With this new contract, Shoreline Power Group will execute FCFR work on all six of Bruce Power’s MCR project (Units 3-8), helping to extend the life of the site to 2064 and beyond.
“We’re pleased to be able to partner with Shoreline Power Group for the entirety of our Major Component Replacement project over the next decade to perform the major component replacement portion of our Life Extension Program,” said Mike Rencheck, Bruce Power president and CEO. “Part of Shoreline’s commitment is to deliver the next two MCRs more efficiently and cost-effectively than the previous one leveraging our lessons learned and best practices. Our Life Extension program when completed will provide clean energy for the people of Ontario and lifesaving medical isotopes to the world.”
Bruce Power is the world’s largest operating nuclear facility, in addition to producing power, it helps create lifesaving medical isotopes. The company and its partners will refurbish Units 3-8 between 2020 and 2033, a privately funded investment that they expect to generate billions in annual economic benefits in communities throughout the province. According to Bruce Power, It directly and indirectly supports 22,000 jobs annually and inject $4 billion into the province’s economy.
“This contract award underscores the success of our long-term partnership with Bruce Power and we are proud to achieve substantial completion on Unit 6,” said Jean-Louis Servranckx, president and CEO of Aecon Group Inc., on behalf of Shoreline Power Group. “The success of the Unit 6 refurbishment is a testament to the incredible work of our dedicated teams and trades. We look forward to working with our partners to execute the remainder of this critical project with an unwavering commitment to safety, quality, schedule and cost performance. This work supports a net-zero future, creates economic benefits and helps ensure the supply of clean and reliable electricity to meet Ontario’s growing energy demands.”
Todd Smith, Ontario minister of energy, applauded the partnership which says will keep the facility producing clean, reliable and affordable energy.
“We are proud and fortunate to have a world-class nuclear supply chain that is the envy of the world,” he said.