Bruce Power Net Zero Inc. (BPNZ) is seeking out innovative projects to reach a clean energy future.
BPNZ says they aim to look into commercial business opportunities which leverage the carbon-free advantages of nuclear power, to enable complementary technologies to help the province move to decarbonized energy systems.
BPNZ adds they plan on accomplishing this goal by investing in net zero infrastructure, capitalizing on the potential of nuclear power to enable innovation in pursuit of decardonization, leveraging government support to unlock investment opportunities which contribute to a net zero future, and engaging in potential proponents through memberships in the Hydrogen Business Council and Energy Storage Canada.
Chief Development Officer and Executive Vice-President of Operational Services at Bruce Power James Scongack says, it’s clear that in order for Ontario and Canada to reach their climate goals, they will need all the tools in the clean energy toolbox.
“Nuclear is the backbone of the province’s clean electric grid and must be leveraged to enable a variety of complementary technologies to secure a net zero future,” says Scongack.
BPNZ adds a key priority for them, is the fostering of new business connections with industry and regional community partners to advance projects which focus on reducing greenhouse gas emissions. To achieve this, BPNZ is looking for proposals for projects within the clean energy sector in Grey, Bruce and Huron counties to help Bruce Power and Ontario reach that net zero target.
BPNZ has outlined four strategic priorities for the current wave of its program, which include storage (pumped, battery), hydrogen, zero emission vehicle infrastructure, and hydro, solar and wind.
BPNZ will be accepting ideas for potential projects which will significantly reduce greenhouse gas emissions until June 30.
Those who submit ideas should include an estimated quantity of greenhouse gas emission reductions on a conservative and scientifically credible basis, while indicating when reductions would be available, a preference given towards projects with reductions available before 2027 or earlier, and a high-level estimate of total project costs.
BPNZ says they welcome any Indigenous and non-Indigenous community partnership projects, and those with a view to government partnership.
BPNZ adds they plan to lend their expertise and experience to proponents to help fully conceive, construct, and manage projects.
