PowerNews Spring 2019
OPG’s PowerNews is a quarterly round-up of news, features, and employee profiles that showcase our stories and wonderful talent.
In the Spring 2019 issue of PowerNews, we sit down with Ken Hartwick, OPG’s new President and CEO, who shares his story and vision for the company’s future.
Also featured is an update on the Darlington Refurbishment, which is approaching several project milestones as it nears the completion of Unit 2.
In the employee spotlight is Hunter Taylor, a Hydroelectric Operating Technician Trainee who’s busy following her true calling. We also take a look at a new Atlantic salmon hatchery that recently opened at Darlington and examine a new radar detection system that is keeping tabs on the Niagara River.
Seasoned energy executive ready to lead OPG
Growing up in Norwood, Ont., a community of 1,200 people east of Peterborough, OPG’s new President and CEO learned quickly the values of hard work,...Read more
Major milestones in sight for the Darlington Refurbishment Project
More than two years after OPG and its project partners began the Darlington Refurbishment project, Unit 2 remains on track for completion early next y...Read more
New Niagara Falls radar on the lookout for vessels entering danger zone
On the Niagara River, OPG and the New York Power Authority have invested in a new radar system that keeps an eye out for vessels venturing into danger...Read more
Spotlight on OPG Employee Hunter Taylor
It took an experience after high school for Taylor to learn never to second-guess herself or her passions.Read more
OPG joins EV100 group, pledges commitment to electric vehicle fleet
OPG recently became the first Canadian member to join EV100, a campaign publicly committing to accelerating the transition to electric vehicles to red...Read more
New Atlantic Salmon hatchery opens at Darlington
Dozens of elementary students congregated at the Darlington Information Centre in February to meet a batch of tiny Atlantic salmon eggs they will stud...Read more
Words of wisdom abound at Women in Science conference
Hundreds of high school students from the Ottawa and Cornwall areas recently attended OPG’s first Women in Science conference.Read more
Indigenous carpenter’s dream leads to the Darlington Refurb
Meet Janelle LaFonte, a carpenter who joined OPG through the Indigenous Opportunities in Nuclear program and is now working on the Darlington Refurb.Read more
OPG reports solid earnings, steady performance in 2018
OPG reported net income attributable to the Shareholder of $1,195 million for the full-year of 2018, compared to $860 million in 2017.
The company’s net income in 2018 was favourably impacted by new regulated prices for OPG’s nuclear and most of its hydroelectric generation set by the Ontario Energy Board, and the after-tax gain of $205 million from the sale of the former Lakeview Generating Station (GS) site.
OPG’s total electricity production remained consistent in 2018 at 74 terawatt hours (TWh) compared to 74.1 TWh in 2017. The company saw an increase in nuclear electricity generation due to fewer planned outage days at Darlington Nuclear GS, which was offset by a larger number of outage days at Pickering Nuclear GS.
On the regulated hydroelectric front, generation was down slightly due to lower water flows across most river systems.
“Overall, 2018 was a milestone year for OPG,” said Jeff Lyash, OPG’s President and CEO. “Our hard work and commitment to generating clean, reliable and safe electricity for Ontario was reflected in a number of major achievements.”
In November, the company expanded into the United States for the first time by completing the acquisition of Eagle Creek Renewable Energy, which owns and operates 63 hydroelectric facilities across the U.S. The Canadian Nuclear Safety Commission also granted Pickering Nuclear a 10-year licence renewal, which allows Pickering to operate until 2024, followed by safe storage activities between 2024 and 2028.
The Darlington Refurbishment project, which remains on schedule and on budget, also made significant progress as Unit 2 was successfully disassembled and work began to put the reactor back together again with new components. The project’s progress and execution were acknowledged by the Auditor General of Ontario in her 2018 Annual Report.
2018 also saw significant progress on OPG’s other generation development and life extension projects. Construction advanced on the 44-megawatt (MW) Nanticoke Solar project and work progressed on a 10 MW single-unit powerhouse at the Ranney Falls GS site. Both projects are tracking on schedule and on budget.