In December of 2011 the following is an excerpt from a story in the Chronicle Herald
Emera spokesperson "Huskilson said there’s more to the Muskrat Falls deal for Nova Scotia
customers than simply getting a reliable source of renewable power. The
development of the entire Lower Churchill Project, of which Muskrat
Falls is just the first phase, should result in even lower energy rates
for Nova Scotia consumers, he says."
and
"Emera, and its Nova Scotia regulated utility Nova Scotia Power, will
also benefit from the revenue earned from the transmission of the power
generated in Labrador to markets in New England and elsewhere. How much
that will be hasn’t been determined yet."
add this to Sue's Blog reference yesterday from an Emera proposal to Massachusetts:
"Hydro-Québec’s current contractual access to energy from the Churchill
Falls facility, through arrangements with Nalcor, expires in 2041. As
the end of that contract draws closer, having Atlantic Link as an
additional large-scale transmission path creates options for
Massachusetts and the New England electricity system to secure
cost-effective clean energy, including supply originating at Churchill
Falls. Massachusetts has a unique opportunity to position the New England
electricity system for future optionality by choosing Atlantic Link
infrastructure in the 2017 Clean Energy RFP process."
What do we have? What don't we know?
Meanwhile Hydro-Quebec has it's own proposal for Massachusetts found here
Then have a look at this latest story from the Globe and Mail (BC edition)
You'll soon realize that our two masters are Hydro-Quebec and Emera.
Nalcor and Newfoundland and Labrador's water resources are managed, bargained, and controlled by others. We have done nothing to learn from the past.
More to come...
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