Nalcor says it has been actively trading and selling surplus power to customers in eastern Canada and the northeastern United States for over a decade – and they’re continuing those marketing efforts once Muskrat Falls comes online.

Back in May, New York Governor Andrew Cuomo made a call for new power lines from upstate New York and Canada to promote clean energy and restart the local economy.

He talked about plans to push forward with a project to deliver hydro power from Canada to customers in New York.

Nalcor says surplus electricity will continue to be sold to export markets once Muskrat Falls is up and running, and any new transmission line adds capacity to the system, which would help increase the ability to deliver more energy to the market.

The main problem for Muskrat Falls is that production and transmission costs of the electricity far exceed the revenue from export markets.

Nalcor CEO Stan Marshall provided an update on their Energy Marketing efforts earlier this week.

He says they are focused on maximizing the value of surplus electricity in energy markets in eastern Canada and the U.S. They are also importing energy via the Maritime Link at a cheaper cost to customers than energy from Holyrood.