Not so many years ago, the province was being heralded as the next big energy warehouse. Now, it’s just days away from importing power from neighbouring Nova Scotia, the same province getting power from Muskrat Falls.
That’s got people asking questions.
Nalcor CEO Stan Marshall says the fact is, we can import power from Nova Scotia for less money than it takes to produce it at the oil-fired plant in Holyrood.
Marshall noted last week in his presentation at Memorial University, importing power over the Maritime Link prior to the in service of Muskrat Falls, could mean a savings of up to $50,000 a day to our province depending on the amount of power that’s imported.