Ontario Power Generation Inc - Company Profile
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Business Description
Ontario Power Generation Inc (OPG) is an electric utility, which generates and sells energy in Ontario.
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Business Segments
- Hydroelectric
- Nuclear Generation
- Contracted Gas Generation
- Contracted Hydroelectric and Other Generation
- Nuclear Waste Management
- Other
Overview
Generates and sells electricity from hydroelectric power plants. Also offers ancillary services, including certified black start facilities, voltage control and reactive support, regulation services, and other. -Operates 54 hydroelectric generation stations across the major river systems in Ontario. In FY2022, the segment’s capital expenditure stood at CAD315 million, which decreased 18.3% YoY.
Performance
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Overview
Generates and sells electricity using nuclear source. It also provides nuclear waste management, ancillary, and detritiation services; and sells heavy water and isotopes. -Owns and operates the Pickering GS and the Darlington GS. -Its nuclear generating stations uses CANDU technology reactors. -Has long-term lease arrangement and related agreements with Bruce Power LP related to the Bruce nuclear generating stations. In FY2022, the segment's capital expenditure stood at CAD1,659 million, which increased 34.4% YoY.
Performance
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Overview
Generates and sells electricity from its combined-cycle natural gas-fired generating stations. Its generating facilities are under an ESA with the IESO or other long-term contract. In FY2022, the segment’s capital expenditure stood at CAD138 million which grew 130% YoY.
Performance
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Overview
Generates and sells electricity from its generating stations that are not decreed for rate regulation. Its generating facilities are under an ESA with the IESO or other long-term contract. - Supplies energy and capacity into wholesale spot electricity markets. In FY2022, the segment’s capital expenditure stood at CAD339 million, which grew 15.6%YoY.
Performance
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Overview
Manages nuclear used fuel, and low and intermediate level nuclear waste; and decommissions its nuclear generating stations and other facilities, including the stations on lease to Bruce Power and other. -Also manages nuclear segregated funds and related operations including the inspection and maintenance of the waste storage facilities.
Performance
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Overview
In FY2022, the segment’s capital expenditure stood at CAD113 million, which grew 6.6% YoY.
Performance
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