What is an innovation institute?
Innovation is about staying relevant, particularly in a time of unprecedented change. It is the introduction of something new that can transform the way we undertake certain activities or engage in certain processes. Research and collaboration lead to innovation. An innovation institute brings researchers and thought leaders together with industry to develop and implement new ideas in order to sustain and grow a specific sector or industry.
What is Ontario’s Nuclear Innovation Institute?
The Nuclear Innovation Institute (NII) is a partnership between Bruce Power and the County of Bruce to create a world-class collaboration centre on the shores of Lake Huron focusing on the use of state-of-the-art technology to improve: Bruce Site operations; the economic well being of local communities and Indigenous groups; knowledge of environment and climate change; capability to support public health; and the capability of local education institutions to support high-tech learning.
Why are we establishing the NII?
The nuclear industry plays a critical role in contributing to the vibrancy of Ontario’s economy, and it must advance and adapt to new technologies in order to help
ensure that Ontario is a competitive and attractive place for investment — and being an affordable and clean place to live.
The NII will seize the opportunity the nuclear industry faces today by changing the way we do business, advancing our analytical and digital technologies to
adopt a modernized approach that will make operations more efficient, adaptable and cost-effective. The NII will contribute to environmental sustainability,
build our understanding and awareness of the local impacts of global warming, and identify practical, sustainable solutions to minimizing these effects.
The NII will bring together key partners in the public and private sectors to ensure we move collectively on the path to long-term success.
What type of work will be done out of the NII?
The NII will facilitate and coordinate innovation teams that will bring together academia, technological experts, industry leaders, and end users to collaboratively
develop sustainable solutions to business challenges while creating efficiencies in existing operations — and identifying new opportunities for the future of nuclear.
Designed as a collaboration space, the NII will also provide opportunities to advance public sector solutions, and capitalize on the expertise and knowledge that the NII will bring to the area. The NII will also connect youth and under-employed workers to new and innovative careers.
When will we be open for business?
We expect to begin operating mid-2019. Preparations to identify a suitable location for the NII are underway. The temporary headquarters for the NII are at
625 Goderich St in Port Elgin. While construction is underway, the NII will establish innovation teams to operate out of various temporary locations in the region, which will be announced as teams are set up. The NII will be an incorporated entity, operating as an independent organization. When operational, the building will be a public sector asset, owned by the County of Bruce.