On Feb 29, 2012 the Hon. Jerome Kennedy spoke to the Clarenville Chamber of Commerce to outline his government's position on the proposed Muskrat Falls Hydro project. There has been a lot of controversy over the proposed project's viability and with its $6.2 billion price tag it carries with it a large risk of cost overruns. Regardless of the merits on this option, the island will need power, and it has to come from one source or another. Each option carries a significant price tag. Some Stats on Muskrat Falls: Will provide 824 MW (Megawatts) of power Estimated cost - $6.2 Billion Could be online by 2017 Refurbishing Holyrood Generating Station will be as costly The Vale plant will consume 90 MW Corner Brook's Mill uses 120MW A mine in Labrador could consume 100-250 MW Nova Scotia will buy 170 MW 40% of the produced power will be sold on the spot market and NL will have a right to recall. 80% of new homes in NL use electric heat In 2020 the island will n...
This Blog by Paul Tilley and its companion site, the OUR TOWN-Clarenville Facebook page, is about Clarenville, NL, Canada. The views expressed here are wholly my own. I invite your comments.
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