Ontario Power Generation Inc - Company Profile
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Business Description
Ontario Power Generation (OPG) Inc generates and sells electricity.
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Business Segments
- Atura Power
- Contracted Hydroelectric and Other Generation
- Hydroelectric Generation
- Nuclear Generation
- Nuclear Sustainability Services
- Other
Overview
Operates a fleet of combined-cycle power plants in Ontario, generating and selling electricity. Its facilities include the Napanee GS, Halton Hills GS, Portlands Energy Centre, and Brighton Beach GS, all of which operate under Energy Supply Agreements (ESAs) with Ontario’s Independent Electricity System Operator (IESO) or other long-term contracts. Generates revenue from participation in the IESO’s operating reserve markets and generation cost guarantee programs. Invests in business development projects, focusing on low-carbon hydrogen production and battery energy storage systems.
Performance
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Overview
Operates in Ontario and the US, generating and selling electricity from non-regulated generating stations. In the US, most of the facilities supply energy and capacity to wholesale electricity markets. Encompasses 12 hydroelectric stations, two thermal stations, and one solar facility in Ontario. Through Eagle Creek, OPG also owns or jointly operates 85 hydroelectric stations across the US.
Performance
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Overview
Operates 66 hydroelectric stations across major river systems in Ontario, generating and selling electricity.
Performance
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Overview
Generates and sells electricity from the Darlington and Pickering nuclear stations. Includes revenue from a long-term lease arrangement with Bruce Power for the Bruce nuclear stations, encompassing lease payments, nuclear waste management services, and income from heavy water sales and detritiation services. Generates additional revenue through regulated isotope sales and ancillary services provided to the electricity system. Covers expenditures related to the development of Small Modular Reactors (SMRs) at the Darlington New Nuclear Project (DNNP) site, which is regulated by the Ontario Energy Board (OEB).
Performance
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Overview
Oversees the management of used nuclear fuel and low and intermediate-level waste (L&ILW), as well as the decommissioning of OPG’s nuclear-generating stations, including those on lease to Bruce Power. Key activities include the inspection, maintenance, and storage of used nuclear fuel and L&ILW.
Performance
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Performance
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