BREAKING:
Steam Generator Update - May 17, 2011

In keeping with our March 28 announcement to delay plans to ship steam generators for recycling, Bruce Power has withdrawn its application to the U.S. Department of Transportation while we engage with groups who continue to have questions about our plans, particularly First Nations and Métis groups.

As we have not set a date for shipping, Bruce Power believes the decision to withdraw our application was a prudent one and a sign of good faith to the groups we are meeting with to put the regulatory process on hold until there is a clearer picture as far as timing.

Bruce Power granted licence to transport steam generators

TIVERTON, Feb. 4, 2011 – Bruce Power is pleased with the announcement today by the Canadian Nuclear Safety Commission’s (CNSC) granting a licence to allow the shipment of steam generators to Sweden for recycling of certain components.

"We always believed this was the right thing to do to reduce our environmental footprint and we are pleased the soundness of our case has been verified by the CNSC and a license has been approved,” said Duncan Hawthorne, President and CEO of Bruce Power.

Following the hearing in Ottawa last year, Bruce Power took the extraordinary step to launch an information website to provide the pubic and stakeholder’s additional factual information on the company’s proposal. Through public opinion polling, Bruce Power found strong public support for the plan to reduce its environmental footprint.

Safety is our number one priority at Bruce Power and the timing of the shipment will be determined once all of the approvals are in place and conditions are determined to be optimal. At that time Bruce Power will comment on next steps.

For a copy of the full CNSC decision, please go to www.nuclearsafety.gc.ca.

About Bruce Power

Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers’ Union and The Society of Energy Professionals.

Welcome to our website.

Bruce Power is investing Billions to ensure our region continues to produce cost-competitive, low-emissions nuclear power in Ontario for decades to come.

We also believe we have a responsibility to reduce the amount of waste we produce while we refurbish our reactors, reducing our environmental footprint. That's why we believe recycling certain components of Steam Generators is the right thing to do. Bruce Power has a reputation of putting safety first, while protecting our environment, our community and the workers on our site.

This website is designed to build on our existing out reach efforts to put verified facts on the table and explain this initiative and why we believe it's the right thing to do. I hope you will find the information helpful and please check back for updates on a regular basis as we will be adding new material depending on the feedback we receive.

Regards

Duncan Hawthorne

find out more

	OUR PLAN A seven minute video of the details and benefits of Bruce Power's Steam Generator Recycling Plan.
	TRANSPORTATION A description of all aspects of transporting the steam generators from the Bruce Power site in Kincardine, Ontario to the recycling facility in Sweden, and the return of the low level radioactive waste to Canada.
	MEETING THE STANDARD A description of the extensive provincial, federal and international regulations that Bruce Power will meet to make sure the public and the environment are protected.
	SAFETY A description of the many steps and actions that will be taken to make sure the steam generators can be transported safely.