PlanetNL

Many among the governing politicians and their cheerleading friends were saying this new deal will put Government into surplus and there will be more left to pay off long term debt and start a future fund. Really?  The simple answer is no.

Hydro Quebec’s Savings Will Exceed NL Hydro’s Profit Former NL Hydro CEO and Churchill Falls Labrador Corporation Director, Bill Wells, might be retired but he’s...

In Upper Churchill Deal A Grievous Act of Misrepresentation I presented a brief non-technical summary of this far more lengthy and technical post.  The...

A technical review of the Churchill Falls (CF) Memorandum of Understanding (MOU) has dissected the MOU to assess the value proposition of the early...

The substance of Hydro’s mission is to satisfy the contracts with Emera to get large amounts of power flowing into Nova Scotia for the betterment of that province and its ratepayers.  The Island could easily live without the Muskrat Fals project and in fact, other than for the onerous Emera contracts, NL ratepayers would be best off if it was abandoned and left to rust.

PlanetNL52: Happy Anniversary Emera on 1 Year of Official Energy Delivery Not Quite What Emera Bargained For Despite all the bad news related to Labrador Island...

Based on the patronizing and insignificant concessions observed to date, the callous attitude toward the environmental review, and the not-so-hidden desire to exploit NL Hydro to their sole advantage, stakeholders including area locals and any honest politicians should be telling Risley, Paddick, and WEGH2 to take a hike.

The relatively large size of the LIL to the small Island system means that if it trips out suddenly, the Island grid will experience a major disruption that risks a complete blackout.  The only solution Hydro appears to have found to mitigate this risk is to build out additions to expand reserve capacity that can absorb the impact of such an event. That’s the simple and direct explanation that Hydro is failing to provide.