Maritime Link hearing continues today

A regulatory hearing on the proposed Maritime Link project is set to resume today in Halifax.

During testimony yesterday Nova Scotia’s consumer advocate told the utility and review board that a revised agreement to proceed with the 1.5 billion dollar project should be rejected because it imposes too much risk on ratepayers.

John Merrick says the agreement between Nova Scotia energy company Emera and Nalcor Energy, Newfoundland and Labrador’s Crown-owned energy company, contains too many restrictions and qualifications.

Merrick says he reached that conclusion after posing questions to officials from both Emera and Nalcor.

The Maritime Link would see Emera build a subsea cable that would link Nova Scotia with Newfoundland, allowing Nova Scotia Power to buy energy generated by the Muskrat Falls hydroelectric plant, under construction in Labrador.

Under the agreement, Nova Scotia ratepayers would pay for the Maritime Link through their electricity bills.

Emera C-E-O Chris Huskilson says the company is assuming a great deal of risk in the project.

He says it represents the cheapest, long-term energy solution for the province.

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