The head of Nova Scotia's power utility says the current estimate for what has become known as a scaled-down version of the Atlantic Loop project is about $700 million.
The head of Nova Scotia's power utility says the current estimate for what has become known as a scaled-down version of the Atlantic Loop electrical grid project is about $700 million.The head of Nova Scotia’s power utility says the current estimate for what has become known as a scaled-down version of the Nova Scotia Power CEO Peter Gregg told a legislature committee today that talks continue on how to finance a power line that would run parallel to an existing connection between Onslow, N.
The line would carry power from future renewable energy projects between Nova Scotia and New Brunswick.He told reporters the total cost could double to $1.4 billion if the power line eventually runs west to Point Lepreau, N.B. The project is considered a key element of Nova Scotia’s plan to close its coal plants and get 80 per cent of its energy from renewable sources by 2030.Last fall, Nova Scotia said it was too expensive to be part of the Atlantic Loop proposal, a grid project that would have transferred to the province hydroelectricity from Quebec and Newfoundland and Labrador.
Gregg says he is confident the scaled-down project can be delivered on time, although he couldn’t give an exact date when construction would begin.Train goes up in flames while rolling through London, Ont. Here’s what we knowCanada to require plastic makers to report on production, waste
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nova Scotia Power estimates scaled-down version of Atlantic Loop to cost $700 millionHALIFAX — The head of Nova Scotia's power utility says the current estimate for what has become known as a scaled-down version of the Atlantic Loop...
Read more »
Nova Scotia Power estimates scaled-down version of Atlantic Loop to cost $700 millionHALIFAX — The head of Nova Scotia's power utility says the current estimate for what has become known as a scaled-down version of the Atlantic Loop electrical grid project is about $700 million.
Read more »
Nova Scotia strikes deal with private company for renovated Hogan CourtCanada's construction news
Read more »
Nova Scotia indexes assistance rates to cost of livingExplore stories from Atlantic Canada.
Read more »
LETTER: Nova Scotia needs forestsExplore stories from Atlantic Canada.
Read more »
LETTER: Nova Scotia needs forestsExplore stories from Atlantic Canada.
Read more »