BWX Technologies Inc. (NYSE: BWXT) announced July 12 that subsidiary BWXT Canada Ltd. has been awarded a steam generator design, manufacturing and delivery contract valued at approximately C$130 million (about US$100 million) from Bruce Power for its Bruce B Unit 6 nuclear reactor in Ontario, Canada.
Under this contract, BWXT Canada will design, manufacture and deliver eight steam generators for Bruce B’s Unit 6, which will go offline for refurbishment starting in 2020. The contract follows a memorandum of understanding, which was signed by both companies in December 2015 after the Ontario government announced that Bruce Power will advance a long-term, incremental life extension program.
The contract is expected to secure over 100 jobs in both engineering and skilled labor for BWXT Canada through 2020, which is when the units will ship to Bruce Power, located near Kincardine, Ontario. BWXT Canada has supplied all steam generators installed at the Bruce Nuclear Generating Station since the station went online in 1977.
“BWXT Canada is home to some of the world’s most talented nuclear component engineers and fabricators, and we are pleased to continue in the supply of steam generators for the Bruce site,” said BWXT Canada President John MacQuarrie. “As a key supplier to Bruce Power, it gives our organization great pride to play a part in the continued generation of affordable, safe, non-greenhouse-gas-emitting and reliable power for the Province of Ontario.”
Kevin Kelly, Bruce Power’s Chief Financial Officer and Acting President, said: “The refurbishment of the Bruce Power units will create jobs, boost Ontario’s economy and ensure a steady and reliable supply of clean, low-cost electricity for Ontario families and businesses for the long term. The steam generator replacement program is integral to our refurbishment and BWXT and Bruce Power have a long history of shared success and shared values and I look forward to continued success as we work together to enhance Ontario’s energy infrastructure.”
Bruce Power operates the world’s largest operating nuclear generating facility and is the source of roughly 30% of Ontario’s electricity. The company’s site is home to eight CANDU reactors. Formed in 2001, Bruce Power is an all-Canadian partnership among Borealis Infrastructure Management (a division of the Ontario Municipal Employees Retirement System), TransCanada, the Power Workers’ Union and the Society of Energy Professionals. A majority of Bruce Power’s employees are also owners in the business.
BWXT Canada has supplied over 300 CANDU and Pressurized Water Reactor steam generators worldwide, as well as other critical plant components.