Put simply, whether Muskrat Falls come online or not, it cannot be relied upon. Without admitting their gross negligence at the start, Hydro is essentially saying that that we should try to salvage Muskrat Falls at an undefined cost and for for however short the duration it might operate.
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...
Ms. Williams is long-winded on every issue except an explanation as to why the public has been handed a bucket of bolts for their $15 billion. Why would the public now give her Crown Corporation one more cent when she has failed to demonstrate either Hydro’s competence or the right to be trusted?
Williams’ public policy and private sector experience is limited; her former employer, Newfoundland Power, is a “regulated” entity. As such, it is not exposed to competition. When profit is effectively “awarded” by the PUB, “risk” is not a word that gets much exercise. Construction outcomes especially suffer within the paradigm of OPM (other people’s money).
“The Provincial Government, through NLH (Hydro),
has investigated the long-term options to address Holyrood emissions and
decided to replace Holyrood generation with electricity from the Lower
Churchill through a transmission link to the Island”.
On March 31, NL Hydro provided the Public Utilities Board with a consultant report assessing the Holyrood plant with a focus on continuing to use it for potentially decades more as a backup facility in the event of a major loss of power to the Island grid. The report considers just one of several options being considered in a major Reliability Assessment hearing before the PUB started in 2018 and seems as though it may never conclude.
The new Hydro President, Jennifer
Williams, is either threading very softly with a Furey Government afraid of
taking decisions or has already succumbed to Nalcor’s long...
The recent release by the PUB of the second
Haldar Associates Report represents a timely and sobering analysis of the
findings of its investigation into, among...