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- The federal government is cutting Newfoundland and Labrador out of its East Coast power grid megaproject, giving Quebec an edge over its East Coast competitor as both provinces' utilities seek to expand business beyond their borders.
www.nationalobserver.com/2023/04/03/analysis/feds-step-quiet-energy-conflict-bubbling-atlantic-canadaFeds step into the quiet energy conflict bubbling in Atlantic ...
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Is Nalcor Energy moving to Newfoundland & Labrador Hydro (Hydro)?
What is Newfoundland and Labrador Hydro Corporation?
Who owns Muskrat Falls hydro?
What does NL Hydro stand for?
Jun 23, 2021 · Newfoundland and Labrador's Crown corporation Nalcor Energy, the body that oversees the controversial Muskrat Falls hydroelectric project, is being dismantled and folded into Newfoundland and...
- Churchill Falls contract countdown hits milestone, as leaders ...
The contentious contract that requires almost all of the...
- Muskrat Falls generating unit must be fully dismantled, says ...
Problem requiring fix could affect all units, warns analysis...
- Churchill Falls contract countdown hits milestone, as leaders ...
- No More 'Drug-Addled' Thinking
- 'We Got Ripped Off'
- $20B Asset
- A New Chapter in The Churchill Falls Saga
- An Expert Panel in The Works
"We have to get away from that crazy, 1970s drug-addled thinking that continues to haunt us," Hollett said. "That's the stuff that led us into the mess of Muskrat Falls, and it continues to cloud our thinking. Hydro-Québec may wind up being the most lucrative way to make Churchill Falls work in the long run." St. John's lawyer John Samms agrees. Li...
"One of the reasons why I'm so passionate about it when I learned about it as a kid is because we got ripped off," said Samms. "We did a bad deal. Time to get over it. Time to make it a better deal now," Samms added. Repeated court challenges have ruled in favour of Hydro-Québec, saying the government-owned utility assumed the majority of the finan...
Just how much value is at stake? In one court document from 2016, a former CEO with Hydro-Québec valued the Churchill Falls generating station at $20 billion. Predicting energy prices two decades into the future is far from an exact science, but by his calculations, Hollett believes nearly $800 million in annual profits could be on the table. All t...
But when it comes to hydroelectric contracts, 20 years is not a long time, and there are growing signs that the province is preparing the groundwork for a new chapter in the Churchill Falls saga. For example, the political optics in recent years between the two provinces have changed dramatically. Friendly meetings like the one this week in Montrea...
The Muskrat Falls debacle was the focus of a public inquiry, and one of the recommendations by commissioner Richard LeBlanc is that the province establish an expert panel with a mandate to ensure the province receives the maximum long-term benefits from Churchill Falls and other hydro assets on the river. LeBlanc has said the panel should be non-po...
Jul 12, 2023 · Problem requiring fix could affect all units, warns analysis submitted to electricity regulator. A view inside a generating unit at the Muskrat Falls hydroelectric power plant on Labrador's...
Newfoundland and Labrador Hydro (NL Hydro), commonly known as Hydro, is a provincial Crown corporation that generates and delivers electricity for Newfoundland and Labrador, as well as portions of Quebec and the north-eastern areas of the United States.
Apr 12, 2023 · Newfoundland and Labrador's long-suffering Muskrat Falls hydroelectricity project has encountered new problems ahead of a final round of testing that must take place during the colder months.
Jun 23, 2021 · The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced that Nalcor Energy operations will be moving under Newfoundland and Labrador Hydro (Hydro).
Apr 3, 2023 · The federal government is cutting Newfoundland and Labrador out of its East Coast power grid megaproject, giving Quebec an edge over its East Coast competitor as both provinces' utilities seek to expand business beyond their borders.
