Ontario Announces $1 Billion Plan to Extend Life of Hydroelectric Dams
Ontario has unveiled a major initiative to invest $1 billion in extending the life of its largest hydroelectric dams, marking a significant move in bolstering clean energy infrastructure in the province.
The project focuses on refurbishing the Sir Adam Beck I and II generating stations situated along the iconic Niagara River, collectively responsible for generating nine percent of Ontario’s annual electricity output. Energy Minister Todd Smith made the announcement at the Sir Adam Beck site, emphasizing the importance of investing in sustainable energy sources for the future.
Under the initiative, Ontario Power Generation (OPG) has partnered with GE Vernova, a newly established energy entity spun off from the renowned multinational GE Corp. The extensive refurbishment effort will entail the replacement of nearly all existing generating units with state-of-the-art equipment, including turbines. Scheduled to commence in 2025, the project is slated to span over 15 years, strategically minimizing disruptions to production.
OPG also aims to refurbish four units at the Pickering nuclear generating station as part of the province’s comprehensive energy strategy.
The refurbishment endeavor is anticipated to prolong the operational life of approximately 1,700 megawatts of hydro supply, capable of powering approximately 1.7 million homes across the province. This investment aligns with Ontario’s broader strategy to enhance its energy infrastructure, encompassing significant refurbishments and expansions across various electricity-generating facilities.
In addition to the hydroelectric project, Ontario has outlined ambitious plans for the nuclear power sector, including substantial expansion efforts at the Bruce Power nuclear generating station and the development of four new small modular reactors at OPG’s Darlington plant. OPG also aims to refurbish four units at the Pickering nuclear generating station as part of the province’s comprehensive energy strategy.
Despite these advancements in clean energy, Ontario continues to face challenges in meeting escalating electricity demands. The Independent Electricity Systems Operator predicts a 59 percent surge in electricity consumption by 2050, driven by population growth and the transition away from fossil fuel-based energy sources.
Ontario’s commitment to investing in sustainable energy infrastructure underscores its dedication to mitigating climate change and securing a cleaner, more resilient energy future for its residents.
