Ontario is asking to extend the life of the Pickering Nuclear Generating Station and is weighing a refurbishment that could see it in service for several more decades, ahead of a looming electricity supply crunch, sources told The Canadian Press.
The nuclear plant, which accounted for 14 per cent of electricity generation in the province last year, had been set to shut down in 2025.
Ontario's Independent Electricity System Operator recently embarked upon medium- and long-term procurements for generation sources to try to address the province's supply needs both as the nuclear plant winds down and as broader electrification takes off, increasing demand. Due to natural gas, greenhouse gas emissions from the electricity sector are set to rise for at least the next two decades and it isn't until about 2038 that the IESO projects that net GHG reductions from electric vehicles will offset the electricity sector emissions.
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