Ontario Power Generation

Ontario Power Generation Inc. is a leading electricity generator and seller based in Toronto, Canada. The company operates through four main segments: Regulated – Nuclear Generation, Regulated – Nuclear Waste Management, Regulated – Hydroelectric, and Contracted and Other Generation. As of late 2019, Ontario Power Generation managed a diverse energy portfolio that includes two nuclear, 66 hydroelectric, and several other types of power generating stations, such as thermal, biomass, dual-fueled, natural gas, and solar facilities, both in Ontario and the United States. In addition to electricity generation, the company provides ancillary services like voltage control and regulation, along with selling heavy water and isotopes. Ontario Power Generation is committed to investing in local economies and maintaining a sophisticated energy fleet while prioritizing environmental sustainability and collaboration with indigenous groups. Incorporated in 1998, the company plays a crucial role in delivering clean and competitive electricity to residential and commercial customers.

Theresa Dekker

Vice President Nuclear Decommissioning Program

Past deals in Nuclear Energy

X-energy

Series C in 2023
X-energy is a developer of advanced modular nuclear reactors and fuel technology for clean energy generation. The company manufactures fuel that seals uranium particles in a protective coating, making meltdown impossible. It develops safe and efficient reactors and proprietary fuel to deliver reliable, zero-carbon, affordable energy to people worldwide. The simplified, modular, and high-temperature gas reactor design expands applications and markets for the deployment of nuclear technology.

Moltex Energy

Grant in 2021
Moltex Energy specializes in developing molten salt reactors that generate carbon-free electricity while recycling nuclear waste. Their innovative Stable Salt Reactor - Wasteburner (SSR-W) offers low upfront costs, reliable power output of 300-500 MWe per reactor, and inherent safety features suitable for various communities. Moltex's WAste To Stable Salt (WATSS) process enables fuel recycling from nuclear waste, minimizing environmental impact. Additionally, their GridReserve technology allows energy storage as heat for dispatch during peak demand, complementing intermittent renewable sources.
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