OPG Ranney Falls Generating Station Refurbishment-$25 million Investment in Campbellford Area
Ontario Power Generation (OPG) is maximizing electricity production at its historic Ranney Falls Generating Station (GS) by replacing the smallest generator with a modern 10 megawatt (MW) unit, which will more than double the station's capacity.
Replacing the existing century-old unit makes economic sense and is a cost effective way of adding clean renewable generation to Ontario's electricity mix.
"We're proud of our role as stewards of heritage assets," said Mike Martelli, OPG's President Renewable Generation and Power Marketing. "Ranney Falls is the next in a long line of OPG hydroelectric stations to be refurbished and upgraded. Electricity customers will benefit from this investment for generations."
"The Ranney Falls Generating Station is continuing its century's old legacy of hydroelectric excellence," said Lou Rinaldi, MPP for Northumberland—Quinte West. "This new generator will breathe new life and double its generating capacity. We are committed to maximizing our hydroelectric resources across the province and today's announcement is an excellent example of that plan."
OPG's Ranney Falls Generating Station was built in 1922 by OPG's predecessor, The Hydroelectric Power Commission of Ontario, and it has provided clean renewable electricity for almost a century.
OPG generates safe, clean, reliable, low-cost power for Ontario. More than 99 per cent of this power is free of smog and carbon emissions. OPG's power is priced 40 per cent lower than other generators, which helps moderate customer bills.
SOURCE: Ontario Power Generation Inc.