Ministerial Directive Regarding the Bruce Power Impact Assessment Funding Agreement
April 11, 2024
The Minister of Energy has directed the IESO to enter into a funding agreement with Bruce Power to fund a portion of the federal Impact Assessment (IA) with the intent of locating up to 4,800 MW of new nuclear generation on the existing Bruce site.
The IA process will help evaluate the suitability of the site by examining the impacts of the proposed nuclear generation facility on the environment, the public and Indigenous communities and marks the first step in a multi-year process for approving a large-scale nuclear generation project in Canada.
The funding agreement supports the government's plan to develop an option for new nuclear generation at the Bruce site to meet Ontario's projected electricity needs in a timely manner and move the province forward in terms of adopting additional non-emitting forms of supply.
The full directive is available on the IESO’s website.