- Just sayin
- November 19, 2013 - 14:21
Glad to see you mention "transmission losses" in your piece. 10 percent of the power gets loss enroute to St Johns's because of the long distance. !0 percent of the project is about 1 billion dollars in cost. This can convert every house in St johns to efficient heating and cut electricity for heat by 60 percent, reduce electricity costs, and further cut transmission losses from our island generation ( as we currently have our two lines to the Avalon loaded up which increases line losses). So sad such details were hidden by nalcor, to arrive at MF being the cheap way to go.
- W Bagg
- November 19, 2013 - 09:34
The good thing is, if the PPA is announced soon, our power bills will still be showing up every month into 2015 and beyond. The only measure of if the PPA is just and reasonable will be the election in 2015. My 2 children of pre-school age (and their children) will have to pay for MFs, I hope it ends up being a good deal
- Cyril Rogers
- November 19, 2013 - 11:52
W Bagg, there can NEVER be a good deal out of this project for the ratepayers of Newfoundland and Labrador. The energy world, the cost of transmission and construction, the actual "manufactured right.here" need for power in this province.....all have changed considerably since the initial announcement. This was...and is...supposedly a legacy to Danny Williams but will become his political epithet. He will be forever tarnished by this hastily-contrived scheme to make it seem like he was going out, having achieved a significant accomplishment. Sadly, for us, it will saddle the province with a humungous financial burden with no actual returns. It will be a blessing Nova Scotia but a virtual Promethean rock for the people of this province. Nothwithstanding the destruction of the PC Party for the next decade or two, it will leave us with an enduring burden that is totally unnecessary...all due to the reckless manner in which he and his successors have chosen to push on.....in the face of all of the evidence telling them to stop it right now.
- November 19, 2013 - 06:38
The issue with the PPA is not just the cost. It is also how and when will the energy be delivered, will peak time deliveries be assured, and how much capacity will we have. When determining the lowest cost option, Nalcor assumed that Muskrat was a 900 MW thermal unit. That meant there was 900 MW available when we needed it. Yet since then they have committed 80 MW of recall (all the firm capacity remaining from RECALL) to Alderon, and have a deal with Emera. So therefore how can the PPA meet the inputs used by Nalcor in their strategist runs to determine MF as the lowest cost option. I am very interested to see what the terms of this PPA will be between Nalcor and NLH. Even if we forget the pricing, it is worth while to have the PUB, and MHI review the PPA to see if the terms of the energy delivery is consistent with the "lowest cost" assumptions which this project was sold to the people of the province.
- Maurice E. Adams
- November 19, 2013 - 06:10
Perhaps Nalcor could sign a confidential agreement (one of those open and transparent ones) with Nova Scotia's UARB to do an independent review on behalf of NL ratepayers and then release it after the project is built, $15+ billion is spent and NL ratepayers are locked into its 50 year PPA at a final customer price of around 25 cents per KWh (all while the energy starved province of Ontario (today) has a wholesale energy price of 1.4 cents / KWh (we should be as energy starved as Ontario, then our government in cahoots with Nalcor would not have the natural resources that they misuse to screw us over with.