The public utilities board asked Liberty Consulting to review Hydro’s decisions in 11 projects.
Hydro is looking for a rate increase. The board wanted to make sure the increase was justified.
Of the 11 projects, the consultant found:
“Liberty found Hydro’s decisions and actions imprudent in seven of the eleven specific projects or programs set . . . → Read More: The Sir Robert Bond Papers: Confidence Builder #nlpoli
It’s not just that the Muskrat Falls project is a bad idea; the process by which the current provincial administration is forcing it through stinks as well.
If you want to see the problem take a look at the way the provincial government handled the public utilities board – it had no legal authority to . . . → Read More: The Sir Robert Bond Papers: Public hearing into secrecy request #nlpoli
From the report by the public utilities board on Muskrat Falls:
The Board concludes that the information provided by Nalcor in the review is not detailed, complete or current enough to determine whether the Interconnected Option represents the least-cost option for the supply of power to Island Interconnected customers over the period of 2011-2067, as . . . → Read More: The Sir Robert Bond Papers: Electricity regulator balks at judgment on Muskrat project #nlpoli #nlpoli
If you’ve been following the ongoing Muskrat Falls saga, you will recall that energy analyst Tom Adams raised some questions a couple of months ago about whether or not Muskrat Falls could actually produce the power Nalcor and the provincial government claimed.
The problem basically came down to this:
January through to March is . . . → Read More: The Sir Robert Bond Papers: Nova Scotia would get Churchill Falls power for free #nlpoli