Generating nuclear power effectively and safely is an incredible responsibility that we at Ontario Power Generation (OPG) take very seriously.
See how we are always planning ahead and at every step of the nuclear energy production process, including planning for the eventual decommissioning of our stations, to ensure the safety of Ontario for generations to come.
Generating guarantees
In Canada, it is not enough to simply build a nuclear facility to generate power.
From the earliest days of each project, OPG is required by the Canadian Nuclear Safety Commission (CNSC) to have a Financial Guarantee in place to ensure it can cover the costs of the eventual decommissioning of its nuclear facilities.
This process ensures that each move OPG makes is in the best interests of Ontarians and aligns with proper stewardship of natural resources and economic needs,
The Financial Guarantee is reviewed and revised regularly.
- The current guarantee covers the period between 2023 – 2027.
Subscribe and stay informed
Sign up to receive the latest news, project updates, and event information from OPG.