Abstract
During 1991 Ontario Hydro`s activities reflected a company in transition marked by changing customer needs, new social demands and global economic pressures. The nuclear system performed below expectations, although performance improved over 1990. Technical problems prevented the utility from bringing Darlington NGS unit 1 into service. Ontario Hydro has committed about $4 billion to extend the lives of fossil and hydroelectric stations and restore nuclear performance. In September Ontario Hydro`s management structure was reorganized again. Policy, planning and strategic efforts were put under the direction of the Chair. All operating functions were to report directly to the President. New Board committees were formed to guide environmental activities and promote a better understanding of aboriginal and northern affairs. The unfavourable economic and operating conditions of 1991 affected financial performance. An 11.8% rate increase was announced for 1992. Electricity demand increased by 1.3%over 1990 to 139.1 million megawatt hours. Major capital additions have been deferred by at least seven years. Uranium contracts were canceled with Rio Algom and Denison Mines. Administrative and support budgets were cut, and executive salaries frozen. A number of quality improvement programs have been implemented with the cooperation of labour groups, reducing the amount of time needed for
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Citation Formats
None.
Annual report 1991.
Canada: N. p.,
1992.
Web.
None.
Annual report 1991.
Canada.
None.
1992.
"Annual report 1991."
Canada.
@misc{etde_10125442,
title = {Annual report 1991}
author = {None}
abstractNote = {During 1991 Ontario Hydro`s activities reflected a company in transition marked by changing customer needs, new social demands and global economic pressures. The nuclear system performed below expectations, although performance improved over 1990. Technical problems prevented the utility from bringing Darlington NGS unit 1 into service. Ontario Hydro has committed about $4 billion to extend the lives of fossil and hydroelectric stations and restore nuclear performance. In September Ontario Hydro`s management structure was reorganized again. Policy, planning and strategic efforts were put under the direction of the Chair. All operating functions were to report directly to the President. New Board committees were formed to guide environmental activities and promote a better understanding of aboriginal and northern affairs. The unfavourable economic and operating conditions of 1991 affected financial performance. An 11.8% rate increase was announced for 1992. Electricity demand increased by 1.3%over 1990 to 139.1 million megawatt hours. Major capital additions have been deferred by at least seven years. Uranium contracts were canceled with Rio Algom and Denison Mines. Administrative and support budgets were cut, and executive salaries frozen. A number of quality improvement programs have been implemented with the cooperation of labour groups, reducing the amount of time needed for the retubing of the Pickering-4 reactor. (L.L.).}
place = {Canada}
year = {1992}
month = {Dec}
}
title = {Annual report 1991}
author = {None}
abstractNote = {During 1991 Ontario Hydro`s activities reflected a company in transition marked by changing customer needs, new social demands and global economic pressures. The nuclear system performed below expectations, although performance improved over 1990. Technical problems prevented the utility from bringing Darlington NGS unit 1 into service. Ontario Hydro has committed about $4 billion to extend the lives of fossil and hydroelectric stations and restore nuclear performance. In September Ontario Hydro`s management structure was reorganized again. Policy, planning and strategic efforts were put under the direction of the Chair. All operating functions were to report directly to the President. New Board committees were formed to guide environmental activities and promote a better understanding of aboriginal and northern affairs. The unfavourable economic and operating conditions of 1991 affected financial performance. An 11.8% rate increase was announced for 1992. Electricity demand increased by 1.3%over 1990 to 139.1 million megawatt hours. Major capital additions have been deferred by at least seven years. Uranium contracts were canceled with Rio Algom and Denison Mines. Administrative and support budgets were cut, and executive salaries frozen. A number of quality improvement programs have been implemented with the cooperation of labour groups, reducing the amount of time needed for the retubing of the Pickering-4 reactor. (L.L.).}
place = {Canada}
year = {1992}
month = {Dec}
}