Fact Sheets

Bruce Power is a partnership that currently operates six nuclear power plants with a total capacity of 4,700 megawatts
Bruce Power leases eight nuclear power plants from Ontario Power Generation (OPG)
the reactors are capable of producing enough electricity to supply about 20% of Ontario's needs
Cameco produces nuclear electricity through our 31.6% share of the four Bruce B reactors
a separate partnership (excluding Cameco) is going ahead with the restart and refurbishment of the four Bruce A reactors
Cameco is the fuel procurement manager to the Bruce reactors
Bruce Power is located on the shores of Lake Huron, about 250 kilometres northwest of Toronto
Bruce Power currently employs about 3,000 highly skilled men and women who work in shifts, 24 hours per day, 365 days per year

2018		The initial lease on the Bruce plants expires with an option to extend for another 25 years.
October 2005		Cameco Announces Bruce Restructuring is Complete
October 2005		Cameco To Receive Cash from Bruce Restructuring
April 2005		Cameco Confirms One Bruce Reactor Taken Off-line
March 2005		Cameco Makes Progress on Adding Nuclear Capacity at Bruce Power
January 2005		Bruce A Reactor to Begin Planned Outage
January 2004		Bruce A Unit 3 reconnects to Ontario electricity grid
February 2003		Financial close of Bruce Power deal. The made-in-Canada Solution provides Bruce Power with the stable ownership it needs to serve in Canada's largest electricity market.
December 2002		Cameco signs agreement to increase its stake in Bruce Power to 31.6%
May 2002		The Ontario electricity market deregulated and opened up to full retail competition for all customers. At that time, Bruce Power began to sell its electricity to the spot market through the new Independent Market Operator and to wholesale electricity customers such as power traders, local distribution companies, new retailers and large industrial power users.
May 2001		Bruce Power deal closes. Bruce Power Limited Partnership (Bruce Power) finalizes its long-term lease with Ontario Power Generation to operate the Bruce nuclear power plants and receives an operating licence from the Canadian Nuclear Safety Commission. Cameco also finalizes the agreements related to its 15% interest in Bruce Power and becomes the exclusive supplier of fuel to the Bruce nuclear power plants. Cameco pleased Bruce deal closes See also: Cameco to Participate in Restart of Bruce Reactors (April 6, 2001)
Oct. 2000		Cameco and British Energy sign a memorandum of understanding whereby Cameco will acquire a 15% interest in the partnership which will lease and operate the Bruce nuclear power plants from OPG. Cameco Pursues Nuclear Growth
July 2000		Bruce Power and OPG sign an agreement in principle to lease Bruce A and B nuclear facilities and related assets at the Bruce nuclear site.
April 1999		OPG is established as one of five successor companies to Ontario Hydro. In order to create a competitive market, the Ontario Energy Board requires OPG to control no more than 35% of the electrical generation capacity available to the province within 10 years of the electrical market opening to competition.

Bruce Power has leased eight Canadian-designed Candu reactors.

The four Bruce A reactors were not in operation when the plants were leased. However, Bruce Power has brought back into operation two of these reactors which together are capable of producing an additional 1,500 megawatts.

The six reactors can produce about 4,700 megawatts of clean electricity, enough to supply approximately 20% of Ontario's power needs.

The plants use about 1.5 million pounds U₃O₈ and 600 tonnes of uranium dioxide conversion services per year.

In Ontario, nuclear generated electricity is the cheapest after hydro.

Cameco is is the fuel procurement manager to the Bruce reactors.
The partnership is a significant customer for Cameco's core products.
The reactors use about 1.5 million pounds of U₃O₈ and 600 tonnes of natural UO₂ conversion services each year.

Bruce Power's web site at www.brucepower.com has a number of informative fact sheets on the project itself as well as general topics related to the environment and to the nuclear industry. These are listed in a central fact sheet index.