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  • Doug
    December 22, 2013 - 10:45

    Seems like Nalcor and a better handle on things than the critics would give them credit for. I would trust their judgement and expertise before I would the arm chair wantabees who try to distort the facts and use scare tactics to try to influence public opinion.

  • Fred Penner
    December 22, 2013 - 10:40

    Nalcor (and in particular Muskrat Falls) are going to make the province alot of money over the next ....oh million years. As long as it rains, the Churchill Falls complex and the hydro generators on the island are literally goldmines. Unlike a goldmine however, the gold will not run out! All we need is rain and the province is assured of a revenue "stream" forever. I envision that this maritime link is only the first of many DC links to the mainland. We will start with Muskrat but come 2041, we will need new and larger capacity DC links to the mainland. We will build additional wind generation sites and new hydro sites and we will export all of it to the mainland....the province will make alot of money from Nalcor. This money will be used to build new infrastructure and new opportunities for everyone. It is a great time for the province and it is only the beginning!

    • Tony Rockel
      December 23, 2013 - 23:40

      Fred, the power distribution model you are promoting belongs to the 19th and early 20th centuries. Distributed energy production is the new model. Megaprojects are a thing of the past, as the Edison Electric Institute report clearly explains. If the leading representatives of the electric power production industry are saying this, I think it's time for the Nalcor nabobs to take notice. Their projections are ludicrously unrealistic and outdated, not to say totally dishonest, and we are being royally screwed.

  • John Smith
    December 22, 2013 - 08:18

    It is wonderful to hear the ever quieting of the naysayers....they are being relegated to the lunatic fringe, where they belong, their arguments being shown to be as weak as wet tissue paper. This is a well thought out answer to our coming energy needs, ans would have had to be built without any deal with NS, as we need it for NL....I do enjoy reading the naysayers comments though, very entertaining to watch them squirm...keep it up guys...hilarious...

    • Tony Rockel
      December 23, 2013 - 23:46

      What a surprise! "John Smith"a.k.a. Kathy's pet poodle is once again springing to the defence of this pathetic project. Good boy! Waggy tail and beg! You might get an extra biscuit.

  • Tony Rockel
    December 21, 2013 - 18:27

    "Boundless energy"??? It's actually a pitiful amount, especially when you consider the obscene cost of the project, which will almost certainly come to 10 or 12 $Billion. "Frankly, I can't wait" says Greg Jones. And I'm sure the hapless residents of this province 'can't wait' to see their electricity bills next year.

  • holyrood
    December 21, 2013 - 14:14

    I guess Holyrood won't shutting down. And by the way you can't get power beyond Nova Scotia, the line is at capacity.

  • holyrood
    December 21, 2013 - 13:25

    I guess Holyrood won't shutting down. And by the way you can't get power beyond Nova Scotia, the line is at capacity.

  • holyrood
    December 21, 2013 - 13:23

    I guess Holyrood won't shutting down. And by the way you can't get power beyond Nova Scotia, the line is at capacity.

  • holyrood
    December 21, 2013 - 13:12

    I guess Holyrood won't shutting down. And by the way you can't get power beyond Nova Scotia, the line is at capacity.

  • Prescient
    December 21, 2013 - 10:09

    James that all sounds great but you need to add some economics into the analysis. What price did Nalcor receive for the surplus Recall power it has sold with Emera's help? According to Nalcor's annual reports it was less than 5 cents per KWh in 2010 and 2011. In 2012 it was less than 4 cents. Value all Muskrat Falls output at those prices (even at 6 or 7 cents per KWh) and it is not a lot relative to the projected capital costs (7.7 billion before interest during construction and rising).

  • Maurice E. Adams
    December 21, 2013 - 10:04

    What a joke. The average 1.2 - 1.8 terrawatts of energy that NL MUST provide NS, is (over the 24 year legal contractual period) effectively 'firm' power. Any year over year variance in one or more years MUST be made up in future years (so it doesn't take a math genius to see that if several variance years occur is a row early on in the 24 year contract period, then there would be virtually no room, less and less room, left in the remaining 23, 22, 21, 20, 19 years, etc. to make up the shortfall --- which makes them effectively FIRM power years), since over the total 24 years the full 29 terrwatts of energy MUST (that is -- "firmly", legally, contractually,) be provided, or else NL must pay damages............ Also, NL must also provide (FIRMLY) 100 MW of firm power to cover off Emera's small (25%) contribution to any year over year variance. Also, keep in mind that without a legally binding Water Management Agreement with Quebec, Nalcor has previously filed evidence with our PUB that Muskrat Falls will only produce enough firm power to provide the 170 MW that we have committed to NS in exchange for the Maritime Link. Are we being corralled into having no choice but to build even billions more worth of hydro dams to meet legal commitments to NS? Time for a reality check !!

    • Cyril Rogers
      December 21, 2013 - 16:23

      Very good points, Maurice. Where was all of this wonderful information in the past. It sounds like the folk up at NALCOR are spending a lot of time dreaming up ways to try to rationalize this project and make it more palatable. There are so many variables in these scenarios that it would make your head spin trying to sort out what they are talking about. All well and good to use hydro resources on the Island to sell for a profit but they were here before Muskrat and are underutilized right now, in terms of our own power needs.

  • Ken Collis
    December 21, 2013 - 08:18

    That's great news. Now for government to legislate the money generated by this to go towards paying off the Muskrat Falls debt so the ratepayers can afford to live here. Remember everyone that every business that uses electricity will have to charge more for their products. All those lights and coolers in Sobeys aren't free to operate. Social Services will have to increase payments to those less fortunate. Internet and telephones run on electricity so will cost more too. Lots of other things about this deal will increase consumer costs. A lot of this suffering can be alleviated with proper legislation, and making it law is about the only way I would be able to put trust in it.