A group of lawyers in Newfoundland has formed a new company called 2014 Energy Incorporated, in the hopes that they can stop the Muskrat Falls hydroelectric project.
They’re concerned about costs to rate payers on the island, and argue the province ignored the Newfoundland Public Utilities Board’s recommendation that didn’t support the project.
Opposition members in Nova Scotia have been quite vocal about the project, but the President of 2014 Energy Incorporated Ed Hearn tells News 95.7 opposition parties in his province aren’t doing enough to spark debate.
He explains what it means for Nova Scotia if the group is successful.
“Presumably, there’d be no arrangement with Emera with relation to Muskrat Falls because there would be no development.”
Hearn says the island will have access to a lot of cheap power in 2041.
“The Upper Churchill power contract with Hydro Quebec expires at that time and we have unfettered access to huge amounts of energy that is produced at a fifth of a cent,” he explains. “It translates into 33 to 34 kilowatt hours annually.”
He goes on to say that, “What is needed is simply an interim step to get us to 2041 because at that time, that’s when the cheapest power option will be available.”
He adds that power would be more than enough for all of the provinces in the region but admits he’s not aware of any discussions along that line.
Lawyers join forces to attempt halt of Muskrat Falls project
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