The federal government and four Atlantic provincial governments today announced the results of studies undertaken under the Atlantic Energy Gateway (AEG) initiative.
According a news release, this project was aimed at enhancing government and regional power utilities co-operation in Atlantic Canada for a cleaner energy future.
“The Atlantic Energy Gateway initiative has brought the critical players in the region’s energy sector together to not only work toward an affordable, secure, clean energy future, but to also maximize the business and job growth potential of further developing our region’s clean and renewable energy industries,” Bernard Valcourt, associate minister of National Defence and minister of State (Atlantic Canada Opportunities Agency), is quoted in the release.
The AEG represents a level of collaboration between federal and provincial governments, and provincial utilities. The Atlantic provinces and utilities will use this foundational research, building on the collaborative networks established through the AEG, as they forge ahead with key energy policy and commercial decisions. In the near term, provincial ministers will direct their officials to work with the regional power utilities to further analyse the ways and means of realizing the identified opportunities.
“Partnerships like the one formed for the Atlantic Energy Gateway support a collaborative approach to embrace opportunities for a stronger energy future for the region,” said Jerome Kennedy, Newfoundland and Labrador Minister of Natural Resources. “The development of Muskrat Falls is a great example of regional cooperation and would support a strong economic and environmentally sustainable resource for our province, and provide opportunities for the entire region.”