OVERKILL
$100 Site Donor 2021
Its output is replaced with gas. Full-stop.
As the 2024 date for the impending shutdown of our first large scale nuclear power plant looms here in Ontario, OPG (Ontario Power Generation) the Crown Corporation, which is the public generating asset of the former Ontario Hydro, has acquired a number of combined cycle gas plants and completed the full acquisition of a 50% stakes they owned previously:
OPG acquires numerous gas plants
Total procured capacity, including the 50% stake in the Brighton plant is 2,693MW, which isn't far off from the ~3,000MW the 6 operating units at Pickering represent. Ontario is currently one of the world leaders in low emissions generation thanks to our nuclear fleet, with many days hovering around 20g CO2/kWh. This will be wiped out once Pickering retires. Obviously, OPG doesn't see a reversal on the decision to not refurbish Pickering, which would push its operating life into the 2060's, in the future
I've been advocating that Bruce Power, which is a private company that runs our public asset, Bruce Nuclear, take over operation of the Pickering site. The turnaround and improvements they've accomplished with the 8 units on the Bruce Peninsula are incredible. It's one of the top performing sites in the world and has received numerous uprates with more to come. The idea is that they could achieve similar at Pickering, as the B side never received its mid-life refurbishment.
Pickering's biggest issue is its relatively low output units when compared to the other 12 operating in the province. All the Bruce units are close to or above 800MW, the Darlington ones are close to 900. Pickering units are ~514MW. This makes them less economical to operate and makes it harder to justify refurbishing them given the CAPEX and slower payback.
Originally Posted by opg
"The role that natural gas plays in maintaining system reliability has become even more important with the addition of intermittent wind and solar generation in recent years. Natural gas is the partner or enabler of renewable energy, providing the flexibility required to ensure a reliable electricity system." - Ken Hartwick, OPG's President and CEO
Originally Posted by opg
Ontario Power Generation ("OPG"), under a new subsidiary, has entered into a purchase agreement with affiliates of TC Energy (formerly TransCanada Corporation) to acquire a portfolio of combined-cycle natural gas-fired plants in Ontario.
