Sue's Blog

Showing posts with label CFLco. Show all posts
Showing posts with label CFLco. Show all posts

Wednesday, August 02, 2017

Proof that Emera is in control

Below is an excerpt from Emera's response to the Massachusetts Clean Energy RFP July 2017. 
 
"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."
 
So good to know that Emera is going to take the reigns of the Upper Churchill for the next generation of Newfoundlanders and Labradorians. 
 
I wonder - should we expect CFLco to have something to say about this?
 
It also says:  " Nalcor is currently constructing the 824 MW Muskrat Falls generating station (scheduled in-service date of 2020)."
 
Is this correct also? 
 
Seems Emera has more information than the people of our province do. 
 
Why not have a peek at what Emera has in store for us. It is Emera that is running our energy system. I think Emera may be running the whole works. Of course we can't stop Muskrat "Premier" Ball - Emera won't let you.


I plan to contact the Massachusetts Clean Energy group and give them our side of the story. What Emera is saying is simply inaccurate or WE the people don't have a clue as to what's going on.
 
 
 
 

 
 
 
 
 

Monday, June 27, 2016

Referendum needed - not another overlord

We all know by now the Muskrat Falls project is another epic failure - added to the annals of Newfoundland and Labrador's resource development.

This morning it's worth your time and effort to read Uncle Gnarley and educate yourself a little more on this millstone around our societal neck.

For years all of us who questioned, cautioned, and criticized the project were labelled in a very unflattering way.

The media relied on Ed Martin, the unsatiable corporate elite and their all-party political flock.

For years Martin was supposed to be an electrical power guru (which he was not). His real credentials and accomplishments never once questioned or best I can tell even researched.

A few weeks ago Ed rode off into his "retirement" to spend more time with grandchildren while our grandchildren were left to pay for this horrific mess.

Martin's grandchildren - if they remain here - may well have more of a cushion to rely on when attempting to cover the cost of living.

Now we are going to roll out the new overlord - Stan Marshall.

CBC headline - It's official: Muskrat Falls a boondoggle, says Marshall.

Just a year ago - anything that came out of Ed Martin's mouth would have been given the same esteem.

We have also been told - it is too late to stop.

As I have said already Stan Marshall's credentials are far superior to Martin's regarding regulated utilities and development of hydro projects. But he is not God - and he too is fallible and has baggage.

For once in our lives and on the 100th anniversary of Beaumont Hamel - let's show the courage our men showed in 1916.

We must demand a referendum on the Muskrat Falls project. We must demand to be shown all the options and the numbers attached to each. We must demand to be heard and that government give interested citizens and groups funding to do the research leading up to a referendum. We must demand that this be stopped until that time.

We have been told it's too late to stop because we cannot afford to do so and we've essentially been told we can't afford it when it's finished.

I do not want to rely on the financial imagination and business acumen of one man. I want all of our people to have a shot at coming up with solutions.

If the project is safe - and that's a big if - we need to see if another deal can be made for the power running through the Quebec system. In this way the power can be sold and help pay for the project. We need to see if an appetite is there to develop Gull Island through CFLco and sell that power at market price.

This is but one suggestion there are many more and potential for industrial end-use in Labrador in the future.

We accepted the "trust us" now for a decade and look where it has gotten us. Now we are supposed to just "trust us" again? If we accept this - we accept our inevitable financial and societal demise.

I will knock my head off the concrete wall again and ask the obvious question: Where is Stan Marshall's Executive Contract? Are there any potential conflicts? A few weeks ago local media was salivating all over the Martin contract - yet nothing on Marshall's contract.

Stan Marshall does not have all the answers and the politicians have proven they don't have a clue.

Stan Marshall should look at nationalizing Newfoundland Power for the same reasons he once wanted to privatize Newfoundland and Labrador Hydro. The efficiencies can save us money. The consumers will benefit. Can Marshall look at that possibility? Is he constrained by conflict of interests?

I am not willing to accept that this particular Muskrat deal can't be stopped. I am not willing to accept that Stan Marshall is the only one with answers to our mess. I am not willing to treat Marshall any differently than I treated Ed Martin. I want more information - I want all of it. Then I as one citizen want the right to vote on another 6 billion dollars before it is spent.

Ref-er-en-dum  - A general vote by the electorate on a single question that has been referred to them for a direct decision.

We have the right at 12 Billion Dollars to have that direct say.


 


Tuesday, February 14, 2012

Simple Energy Question Government/Nalcor will NOT answer

Here it is and I send this challenge to all sitting MHA's in all parties and Nalcor Officials.

What happens in 2041?

Please answer this question - you all keep talking about 2041 - what happens?

Please provide the following information

1. What ends in 2041
2. Who owns the assets in 2041 and what assets are involved?
3. What about the water rights?
4. Who owns CFLCo?
5. How are decisions on future contracts regarding Upper Churchill power made?
6. Who sits on the Board of CFLCo?
7. Are there special decisions regarding CFLCo that need a majority of the board?
8. Do Hydro-Quebec representatives on the CFLCo Board have the power to stop future contracts?


Thursday, February 09, 2012

Dear Dean, Brian, Danny, and MHA's - cut the 2041 Crap

PLEASE READ THE WORDS BELOW AND EXPLAIN TO ME WHAT HAPPENS IN 2041
By all means don't trip over yourselves getting to the answer.


Part of the Shareholders Agreement among NL Hydro, Hydro-Quebec, and CFLCo June 18th 1999

Article 3 Board of Directors

3.4 Special Majority Decisions of the Board of Directors

The following decisions will require the approval of a majority of the directors on the Board of Directors, including at least one director nominated by NL Hydro and one director nominated by Hydro-Quebec on the Board of Directors:

3.4.6

...the entering into, amendment or termination of any Material Contract to which CFLCo or any Subsidiary of CFLCo is a party or to which CFLCo or any Subsidiary of CFLCo may become a party, unless such entering into, amendment or termination has been previously approved in a budget approved under Section 3.4.2 or 3.4.3;

Material Contract defined: "Material Contract" means (i) any contract involving a monetary commitment of CFLCo or having a value to CFLCo of $10 million or more in the aggregate and (ii) any contract which restricts CFLCo from carrying on its Business, including the contracts listed on Schedule E;

Business defined: "Business" means the business of CFLCo which shall be limited to the following purposes and objects:
(a) to produce or otherwise acquire and to transmit and to sell electricity;
(b) to harness or otherwise make use of water for the purpose of producing hydroelectric and hydraulic power and for any other purpose;