Below you will see one part of a story by the Globe and Mail October 2009
Hydro-Québec's takeover of New Brunswick Power amounts to a virtual power monopoly in Eastern Canada and poses “a very dangerous situation” for the entire country, Newfoundland Premier Danny Williams warns.
The outspoken premier told The Globe and Mail Thursday that Hydro-Québec's “agenda” is to secure a stranglehold over access to electricity markets in the U.S.
If what Williams said then is in any way true - what are the odds that Hydro Quebec will go after Emera if a deal goes through on Lower Churchill development?
2 comments:
Frankly? Next to none. With all due respect, Emera's old coal-fired plants are outdated, the company has no direct access to the New England market and weak interconnections with NB doesn't allow feeding NS with Quebec's juice. At least, NB Power had Mactaquac.
First that is not a complete and accurate discription of Emera. If what you describe is true - should be a cheap deal. If what Danny says is true - the minute there is a chance that Labrador power goes around them - HQ will buy it. The one thing you add is that it might be cheaper.
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