BR NS Renewable Energy Target – CP

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BR NS Renewable Energy Target – CP

by ahnationtalk on May 11, 2016260 Views

Source: The Canadian Press – Broadcast wire
May 11, 2016 

HALIFAX – Nova Scotia is making plans to ensure it can meet its renewable energy targets in 2020 no matter what happens to the delayed 9.2 billion dollar Muskrat Falls hydroelectric project.

The province’s goal is to obtain 40 per cent of its electricity from green sources by the end of this decade _ with Labrador hydro project expected to provide slightly less than 10 per cent of overall needs.

But a consultant’s report submitted at a Nova Scotia Utility and Review Board rate hearing warns the renewable target could be threatened if Muskrat Falls is delayed or cancelled.

Energy Minister Michel Samson says his department is looking at contingency plans to cover the difference in the event of major delays.

He said the province is continuing to invest in technologies such as power storage and tidal power.

Muskrat Falls power that was expected to flow by 2017 is now delayed until sometime in 2018 with costs currently about 10 per cent over budget from Nalcor’s end.

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(The Canadian Press)

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