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TransCanada Restart

After TransCanada restarted the pipeline they have confirmed that Bruce Power’s Unit 1 is now in commercial operations, the final milestone in the refurbishment of the Unit. A second significant milestone was achieved with the synchronization of Unit 2 to the Ontario power grid.

“The commercial start of Unit 1 and synchronization of Unit 2 are exciting developments that are bringing to a close Bruce Power’s plans to see these refurbished reactors operate safely and reliably for decades to come,” said Russ Girling, TransCanada’s president and chief executive officer.  “We are pleased to have both units online and generating clean electricity that will help meet the needs of Ontario consumers,” added Girling. “Following the investment that has been made in these Units, we now expect that Bruce Power will begin to generate significant cash flow under the long-term fixed-price contract with the Ontario Power Authority.”

Bruce Power consists of two generating stations (Bruce A & B) with each station housing four nuclear reactors. With eight operating units, Bruce Power will produce more than 6,000 megawatts of low-cost, safe and clean electricity.  TransCanada owns 49 per cent of Bruce A and 32 per cent of Bruce B.

The prior shutdown comes amid delays over TransCanada’s plans to build a $7 billion pipeline called the Keystone XL that would transport heavy tar-sands crude oil from Canada to Texas’ Gulf Coast refineries.

Opponents warn that new pipeline could lead to spillage and possible damage to surrounding farms and wildlife. Among those that oppose the pipeline are nine winners of the Nobel Peace Prize, including Archbishop Desmond Tutu and the Dalai Lama, whom have written a letter to U.S. President Barack Obama last year asking him not to approve a pipeline that would ship crude oil from Alberta to Texas. Unfortunately, the current pipeline has a history of leakage in the past.

Source:
http://www.transcanada.com/keystone.html

 

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