Nalcor CEO Stan Marshall says if you want reliability, it will come with a price.
This morning at the Muskrat Falls Inquiry in St. John’s, Marshall was questioned about weather conditions and what would happen if the system failed, or if the transmission link between Labrador and the island went down.
Marshall says at the end of the day, the reliability of the system depends on how much you’re willing to pay. Marshall told the Inquiry that in his opinion, the best way to deal with the uncertainty once Muskrat comes online, is to keep the Holyrood plant operational for a few years.
He says the assumption is that Holyrood will close down in 2021. Marshall suggests to leave that operational for a few years until the kinks are worked out.