Latest news with #OPG
Cision Canada
a day ago
- Business
- Cision Canada
OPG and OSGE strengthen collaboration on small modular reactors in Poland
New agreement could pave way for OPG to partner in operating the Polish reactors WARSAW, Poland, July 21, 2025 /CNW/ - Ontario Power Generation (OPG) and Orlen Synthos Green Energy (OSGE) have signed a letter of intent (LOI) that paves the way for the Canadian company to provide pre-deployment, operations, maintenance, and other services to OSGE as Poland deploys small modular nuclear reactors (SMRs). The LOI builds on an earlier agreement announced by the companies in June 2023. Poland plans to build as many as 24 GE Hitachi Vernova Nuclear (GVH) BWRX-300 reactors – the same technology as OPG is building at its Darlington New Nuclear Project (DNNP) site east of Toronto – at six locations across the country. OPG and OSGE signed the LOI today in Warsaw, Poland. This is the first major milestone in the development and operation of BWRX-300 SMRs in Poland. This LOI represents a long-term relationship between Ontario and Poland to deploy SMRs together, which will ultimately benefit the Ontario supply chain and demonstrating the value of being a first mover in SMRs. In addition, OPG could provide pre-operations services including site-specific assessments, project management, licensing strategy, and advisory services as Poland builds out clean energy generation to meet demand and achieve energy independence. Key facts OPG has begun construction on the G7's first commercial grid-scale SMR at its DNNP site. Construction on the first of four planned BWRX-300 reactors will be complete by the end of this decade, with the unit connected to the grid by the end of 2030. Once complete, this SMR will produce enough electricity to power the equivalent of 300,000 homes. OPG and its project partners will complete the three subsequent units in the mid-2030s, pending regulatory and other approvals. Ontario is home to a robust nuclear supply chain. More than eighty Ontario companies have already signed agreements with OPG to deliver the SMR project, establishing themselves as leaders in the growing domestic and global markets for new nuclear technologies. In 2022, Synthos Green Energy and ORLEN established the joint venture OSGE to deploy a fleet of BWRX-300 SMRs in Poland. This agreement further cements a well-established relationship between OPG and OSGE. In addition to the Letters of Intent, in 2024, OPG subsidiary Laurentis Energy Partners signed a $40 million contract with the Polish company to complete a Preliminary Safety Analysis Report (PSAR) on SMRs. Orlen Synthos Green Energy and OPG are also part of a technical collaboration group – also including GE Vernova Hitachi and the Tennessee Valley Authority – which has invested in the development of the BWRX-300 standard design and detailed design for key components, including reactor pressure vessel and internals. Quotes "With many decades safely operating nuclear power generation, and our leadership on SMRs, jurisdictions are looking to OPG and Ontario as they advance new nuclear power, as a solution for their energy security needs," said Nicolle Butcher, OPG President and CEO. "We are honoured by the potential opportunity to help Poland build a nuclear fleet, while also growing our domestic nuclear supply chains and economies." "Benefiting from Canadians' expertise allows us to feel confident in building the first SMR reactor in Poland," said Rafał Kasprów, OSGE CEO. "We recognize OPG's experience in the nuclear industry as well as its determination and advancement in deploying the first BWRX-300. Today, we are embarking on new opportunities to bring clean, stable energy for our citizens and Polish industry." About OPG As Ontario's largest and one of North America's most diverse electricity generators, OPG invests in local economies and employs thousands of people across Ontario. OPG and its family of companies are advancing the development of new low-carbon technologies, refurbishment projects and electrification initiatives to power the growing demands of a clean economy. Learn more about how the company is delivering these initiatives while prioritizing people, partnerships and strong communities at
CTV News
11-07-2025
- General
- CTV News
‘This burial site has been desecrated;' Ancestral remains found at future site of OPG parking lot
This aerial footage shows archaeological work that is ongoing at the site of a future OPG parking lot in Oshawa. Ancestral remains have been found at the site of a planned parking lot next to Ontario Power Generation's new Oshawa headquarters. In a statement provided to CTV News Toronto, OPG confirmed that the bone fragment was located on July 3 during 'archeological work' at the site and later determined to be ancestral following an investigation by Durham police. The OPG said in the statement that it 'recognizes the significance and sensitivity' of the finding and is 'committed to working closely with the local Indigenous communities and authorities to ensure a thorough and culturally respectful investigation.' 'Access to the site is strictly controlled, and we are treating the area with the utmost care, sensitivity, and reverence,' the statement notes. The remains were located underneath a site at 1910 Colonel Sam Dr. that is set to be excavated to allow for the construction of a new parking lot. In a joint statement released earlier this week, four Ontario First Nations communities said that the proposed parking lot will stand above a historic site known as the Scucog Carrying Place which 'has long been used' by its 'ancestors and community.' The First Nations communities said that the remains were located 'within large, excavated soil piles.' 'This burial site has been desecrated, and our communities are grieving,' the statement reads. 'We believe there is a high probability that additional ancestors' remains will be found at this site.' The OPG has said that construction at the site has been on hold since April 10 to allow for archaeological work, which involves the participation of Indigenous representatives. However, in their statement representatives from the Alderville First Nation, the Mississaugas of Scugog Island First Nation, Hiawatha First Nation and Curve Lake First Nation took issue with the precautions that had been taken at the site. 'It is with deep frustration and upset that we note contractors undertook these excavations and soil piling, seemingly without the information of an archeological assessment, or guidance from a cultural heritage policy, in an area publicly well-known as the Scugog Carrying Place,' they said. 'A full archaeological assessment would normally have been conducted before any ground disturbance took place.' The OPG says that following the discovery of the remains 'Indigenous representatives, who had been participating in the archeological work, ensured appropriate cultural protocols were observed.' It said that authorities were also notified 'immediately.' In their statement, the four First Nations communities said that they will be working with the Chief Coroner and government authorities to 'ensure a lawful and culturally respectful investigation into the circumstances of the excavation.'
Toronto Star
10-07-2025
- General
- Toronto Star
First Nations say ancestral remains found during excavation near Ontario Power Generation's new Oshawa headquarters
Four First Nations say their communities are grieving following the discovery of ancestral remains during the excavation for proposed parking lot near the new Ontario Power Generation (OPG) headquarters in Oshawa. The remains were found at Scugog Carrying Place at 1910 Colonel Sam Dr., a well-known historic site that has 'long been used by our ancestors and community,' said the release, which was published on behalf of Alderville First Nations, the Mississaugas of Scugog Island First Nations, Hiawatha First Nations and Curve Lake First Nations. Public access to the site has been restricted.
Edmonton Journal
08-07-2025
- Business
- Edmonton Journal
Alberta looks to develop nuclear power, will hold public consultations this fall
The problem with conventional reactors has been their complexity, he said on the sidelines of the Global Energy Show in Calgary. 'If you ever get one built, you'll run it for the next 80 years, but they're hard to build and they're capital intensive to build,' Sell said. 'So our whole approach has been from the beginning: 'How do we make it simpler? How do we make it smaller? How do we have fewer components?'' X-Energy is pursuing opportunities to add power to Alberta's grid in general, as well as to link to steam-assisted gravity drainage oilsands projects that pull bitumen from deep underground through wells rather than mine it. 'Our plant is perfectly suited to perform that same mission on a small footprint,' Sell said. OPG is looking at using X-Energy plants at industrial sites in Ontario. A much larger conventional plant is also in the works in northwestern Alberta. Energy Alberta is working on a power station in the Peace River area that would have two to four Candu reactors and a capacity of up to 4,800 megawatts. That would represent up to a quarter of the province's existing electricity generation. 'We initially thought, 'Wow, that would swamp our power grid,'' Smith said. 'And now with all the demands for AI data centres, we're thinking, 'Hmm, that's maybe exactly what we need.'' An initial project description was filed in April for the Peace River Nuclear Power Project, kicking off the federal review process. In a speech to the Global Energy Show in June, Candu Energy senior vice-president Carl Marcotte said Alberta would benefit from adding nuclear to the mix. 'Whatever Albertans decide to build, you will. But you need a lot more power to do it — reliable power that runs 24/7, power that works in great weather and when it's -45 C … and it must be affordable — it really must,' he said. 'So yes, of course Alberta's abundant natural gas resources can and should do all that … But wouldn't it benefit from having a powerful, cleaner, reliable ally in that growth, providing important baseload electricity with low emissions?' Scott MacDougall, program director of electricity for the green think-tank Pembina Institute, said nuclear could have a role to play as a clean power source, both to feed the grid and to reduce the carbon footprint of the oilsands. But there is lower hanging fruit. 'If the problem that they're trying to solve is delivering that reliable, affordable, non-emitting power right away, there should be a much more all-of-the-above approach taken in Alberta, where we think renewable energy ought to be a more central pillar in that system,' said MacDougall. 'That's partly because renewables are much quicker to deploy and lower cost as well, and their costs are coming down every year as are the costs of battery and energy storage.' Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here.
Yahoo
13-06-2025
- Business
- Yahoo
Oceaneering signs offshore vessel services agreement for Gulf of Mexico
Energy services company Oceaneering International's offshore projects group (OPG) has entered into a vessel services agreement with a major operator for the multipurpose support vessel Harvey Deep Sea, which will be used for subsea services in the Gulf of Mexico. The vessel is presently chartered by Oceaneering through February 2027 and is equipped with two Oceaneering Millennium work-class remotely operated vehicles (ROVs). The operator plans to use the vessel for subsea inspection, maintenance, repair (IMR) and installation services. OPG senior vice-president Chris Dyer said: 'This award not only secures vessel backlog in the region but also allows us to optimise our equipment spreads and reduce scheduling uncertainty. 'We look forward to delivering critical subsea IMR and installation services to create value for our customer and further demonstrate our commitment to project execution that delivers safe, efficient and high-quality results." This month, Oceaneering International announced a chief financial officer (CFO) succession plan. Alan R. Curtis, who has served as CFO since 2015, will retire on 1 January 2026. Curtis has been with Oceaneering since 1995, starting as a financial controller. Michael W. Sumruld will join the company as senior vice-president of finance on 1 September 2025, with the expectation he will succeed Curtis as CFO upon his retirement. Curtis will assist in an advisory capacity to ensure a smooth transition, reporting to president and chief executive officer Rod Larson. Last year, in August, Oceaneering International's UK subsidiary won multiple contracts for North Sea vessel services. These contracts, awarded by various operators in the UK sector of the North Sea, include a range of offshore services such as decommissioning, inspection, subsea preparation and installation support. "Oceaneering signs offshore vessel services agreement for Gulf of Mexico" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
