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Recent comments

  • Maurice E. Adams
    January 28, 2012 - 16:27

    This is a "buy now, pay later" project. +++++ Nalcor finally released the cost for Muskrat Falls energy generation.+++++ Not the 7.6 cents as Nalcor and Dr. Locke has previously reported, but according to Nalcor's latest information on the PUB website ---- 21.4 cents/KWh and that does not seem to include transmission, NL Power add-ons, etc., etc. +++++ Furthermore, it seems that the 'firm' capacity of Muskrat Falls may be only about 1/2 the 4.5 terawatts that Nalcor reports (as water inflows in the winter may not even be enough to replace Holyrood. ++++++ What happens then if we have already signed a 35 plus year contract with Emera but won't have the energy to meet the requirements of the contract. ++++ NL ratepayers and taxpayers will be on the hook to meet their contractural obligations.

    • brett
      January 28, 2012 - 22:19

      oh maurice. All your statements include so much regurgitation it really makes me want to beg the telegram for an ignore button for you. Every muskrat falls article same old verbal diarrhea.

  • What's the rush
    January 28, 2012 - 14:25

    Sure despite the mass of evidence to the contrary, certain proponents refuse to acknowledge the massive risks and total lack of details on what truly is the lowest cost option! This is massive decision and investment, it would behoove us all to take the appropriate time and get it right!

  • Charles
    January 28, 2012 - 13:42

    Will Mr John Smith if your so sure about this,ANSWER THIS QUESTION FOR ME. You are putting up a building of 21000 square feet. I'm put up a home of 3500 square feet. which of the two, will use less power to heat. SEE IF YOU CAN THIS.

  • John Smith
    January 28, 2012 - 09:12

    Ol' Yvonne b'y...she's going to milk this one for all it's worth. Even without Emera this is still the best way for the province to proceed. We will be at an energy deficit by 2020 at the latest, our rates have risen by nearly 60% since 1998, and will rise this coming august by 7.8 % alone. The experts say the price of oil will never go much under 100 dollars a barrel for the foreseeable future. All we would do by sticking up ugly wind farms, and damming the last few small rivers on the island would be dealying the inevitable, and wasting hundreds of millions of dollars to boot. If you think long term this development will provide us with the most stable rates in North America. Instead of rising by 60% every 15 or 20 years, like they do right now, we will have constant, reliable power. The price of oil can go to 200 a barrel and it will not be shown on our light bills...as it does today. This is a good project, good for us now and for the future. Let's get it done.

    • Robert
      January 28, 2012 - 17:03

      John Smith....... I agree with you! The notion of cheap energy rates is a dream that will turn into a nightmare without Muskrat Falls being developed. With RELIABLE energy we will be the envy of the eastern seaboard and can fully expect an industrial boom like nowhere on the planet.