Russia's energy giant Hydro OGK is making moves to attract industry by dangling the hydro-power carrot.
OGK senior executive Vyacheslav Sinyugin says metal producers are approaching them for possible joint ventures and investment.
Here are some of the direct quotes from Sinyugin:
"Major energy consumers are very important clients for hydroelectric companies the world over. Russia is no exception."
Sinyugin said large energy consumers such as metals producers were attracted by stable prices for long-term supply.
"What attracts these clients? First and foremost, price stability. The only factor influencing prices is tax payments, compared with fuel prices that can fluctuate widely.
For some reason these large energy consumers are looking everywhere but Newfoundland and Labrador. They must be absolutely certain that in order to use Labrador power - they will have to follow it to the jurisdiction we export it to. This is just not acceptable anymore. Our plans for the export of hydro-electric power must change - and industry must be sent a clear message.
If you want to use the power from the Lower Churchill - then you must set-up in Labrador.
5 comments:
If the energy plan comes down today and there is no provision to manage the power to attract industry to Labrador it's time everyone in this province, especially outspoken people like ourselves, start a co-ordinated and focused campaign to ensure that the lower churchill is not developed at all.
Like Danny said about Hebron oil, it can stay where it is forever. The river isn't going anywhere and if we don't use it now our children or our children's children will.
We all need to make sure nobody gets away with simply selling off this resource for a short term gain.
And Labrador and Newfoundland can do it!
DOWN WITH DANNY SMALLWOOD!!!
OH God Sue Forgive me!!!This man does have a vision for this province and if he does what he says,..................B'ye she's go'in to be some hard ta get a house in town,lol!!!!
Dare I say it,...........and have not shall be????
Quote from early yesterday: "If you want to use the power from the Lower Churchill - then you must set-up in Labrador." - unquote
Suggested new version:
"If you want to use the power from the Lower Churchill (to process ore and other raw material from Labrador)- then you must set-up in Newfoundland"
Isn't it wonderful for Labradorians to be able to play such an integral part in 'the Williams government' plan for the Island?
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