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Bruce Power Hydrogen study secures important funding partner On March 19, Ontario Centres of Excellence (OCE) Inc. have joined Bruce Power in funding an innovative hydrogen study at the University of Waterloo. “Research into alternative and clean energy solutions for Ontario is critical to the future and security of our energy supply,” said Mark Romoff, President and CEO of Ontario Centres of Excellence. “Bruce Power and the University of Waterloo are valuable partners for our Centre of Excellence for Energy. By investing in new ideas and building relationships in this way, we are working to foster the development of innovative new tools that can conserve energy, reduce greenhouse gas emissions and provide new energy solutions for Ontario.” OCE is matching Bruce Power’s $75,000 commitment to the project. "This funding comes at an important time when, now more then ever, people are looking for solutions to climate change," said Duncan Hawthorne, Bruce Power’s President and Chief Executive Officer. “Clean nuclear power producing clean hydrogen is a powerful combination for addressing our environmental concerns.” Bruce Power first announced the Bruce Power Hydrogen Economy Development Study, which investigates using off-peak hydrogen production from nuclear power and distributive electricity generation, in July 2006. Alexander (Sandy) Stuart, Chairman of the Canadian Hydrogen Association, praised the Ontario Centres of Excellence, saying, “Their involvement will help strengthen the research, development and innovation underway and will build Canadian strength with hydrogen systems." The Canadian Hydrogen Association (CHA) and The Hydrogen Village joined the program in 2006 as strategic partners. Ontario Centres of Excellence (OCE) Inc. drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario’s global competitiveness. In doing this, OCE also fosters the development of the next generation of talent and is a key partner with Ontario's industry, universities, colleges, research hospitals, investors and governments. Celebrating 20 years of innovation in 2007, OCE’s five Centres work in communications and information technology, earth and environmental technologies, energy, materials, manufacturing and photonics. For more information, please visit our web site at www.oce-ontario.org. |
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