- July 27, 2011 - 15:35
"Now, you can expect that letter-writers and other concerned citizens will start to question whether natural gas might be a more effective way to generate electrical power for the upcoming demand, and whether the cost of a Grand Banks-based natural gas operation — costed out at something around $1 billion several years ago — might not be a far cheaper option than the $6.2 billion it will cost to build Muskrat Falls." ------------------------------> That would be the biggest mistake in this provinces history. The fishery might suck now but as soon as we start cramming billions of gallons of Fracking fluid into the ground beneath the grandbanks, you can forget about any kind of fisheries recovery. 600 + Known carcinogenic chemicals in our food and water? Not worth the gas.
- Frank M
- July 26, 2011 - 11:07
The Yvonne Jones Liberals are now saying that Nalcor is the impediment to government answering questions on the Upper Churchill deal. I am curious as to what the Dean MacDonald Liberals think about Danny's deal. Strangely quiet they are on this.
- July 26, 2011 - 10:31
Undersea cables can only transmitt 500 magawatts of power. So we would need 4 cables for Gull Island power and 10 cables for Upper Churchill power. Undersea cables are expensive verus overland towers.
- July 26, 2011 - 10:42
undersea cables transmitt energy to other markets that can generate revenue, which back the costs, and on top of that keep generating revenue as long as the river flows. The potential economic benefit from this assets seems to be conitnually left out of the equation by the critics. Yes, I say "potential" because there is uncertainty about demand and competition, but you cannot leave it out of the analysis. Also, refurbishing holyrood or building more wind turbines do not generate outside market revenue. So let's say costs are roughly the same either way, then doesn't the project with "potential" revenues clearly win?
- July 26, 2011 - 10:22
Russel you have indicated in the editiorial that the cost of Muskrat energy is $0.143 per kilowtthour is incorrect, the blended rate that is estimated to supply energy to the customer in 2017 is $0.143, isolated energy on the island Cost $0.06 and this source will supply 80% of the energy requirements in 2017. With Muskrat only needed to supply the remainig 20% the actual cost of Muskrat energy must be in the vicinty of $0.30 to have a blended rate of $0.143, think about it, and also think about how underestimated numbers will effect this $0.143?
- Maurice E. Adams
- July 26, 2011 - 09:16
I still can't understand why wind can't do the job we need. The 27 turbines we have now are replacing 300,000 barrels of oil a day. That's already 25% of what Holyrood used last year. With a bit more wind ----- Holyrood would use virtually NO OIL, as it would remain virtually in standby mode forever. High cost of oil problem SOLVED. High pollution problem SOLVED. Multi-billion dollar debt problem SOLVED. Hundreds of millions per year in debt servicing costs SOLVED. Electricity to Nova Scotia subsidized, paid for by NL problem SOLVED. Risk of catastrophic sleet damage to 1,100 kilometer transmission line SOLVED. etc. etc. etc.
- July 26, 2011 - 08:25
A benefit I see to Muskrat is that the link to the rest of canada will make it easier for Gull Island to come on stream and then the Upper Churchill will have link outside of Quebec, who may not be very cooprerative when the time comes to wheel power through, since they are a competitor. I'm also not sure why selling the excess power is getting such criticism. After supplying our own energy needs which have been forecasted to increase, any excess sold, even for a penny, brings in extra revenue to the project, which in turn can be used to reduce our rates. So selling excess Muskrat power will help reduce our rates, even if it's for less than what NL pays, which apparently is some boogyman thought. Then Gull Island coming onstream and the excess revenues generated reduces rates even further, and Upper Churchill sales can reduce rates even further from that! Wind power cannot provide this. I hear criticism that the govermnent is not investing oil money for future generations. Isn't lower power rates proof that it is? Now, of course this depends on if there is a demand for the excess power. Will the eastern US need more energy in the future with a growing population? Probably. But if not, Muskrat is needed for NL's energy needs, and it is a clean, renewable energy. I'm not sure how you can be against clean energy either, with the other options costing as much or more so the rates would be the same or higher. People need to start using their heads and not simply argue because they don't like PCs. The liberals are simply trying to the model of New Brunswick and their hydro deal here in NL. Basically the opposition to the deal brought down the government, and that's the strategy here. All the answers are there for Muskrat Falls. It's unfortunate many of the critics don't want to listen or find the answers too repetitive.