Tuesday, September 30th14.4°C
23366
23502

Quebec Premier Philippe Couillard says province ready to sell power to states

BRETTON WOODS, N.H. - Armed with the knowledge that his New England counterparts saw their energy costs explode last winter, Quebec Premier Philippe Couillard is making it clear the province has plenty of power for sale.

Couillard attended the conference of New England governors and Eastern Canadian premiers in New Hampshire on Monday, with energy emerging as a hot topic.

The premier said, however, that Quebec representatives will not meddle in the debate over the construction of new transmission lines, which are strongly opposed, particularly in New Hampshire.

Connecticut Gov. Dannel Malloy noted that extra energy costs caused by freezing temperatures last winter were the equivalent to the cost of two hydroelectric transmission lines.

New Hampshire's Northern Pass line project would have the capacity to transport 1,200 MW and would cost $1.4 billion to link the state and Quebec.

Hydro-Quebec president Thierry Vandal attended the meeting and said there has been some progress on the Northern Pass project despite reservations by New Hampshire Gov. Maggie Hassan.

Like Vermont before, Rhode Island and Connecticut have passed laws recognizing the renewable character of hydroelectricity. Massachusetts is also considering similar legislation, which would also facilitate the purchase of Quebec power.

Vandal said the recognition of the potential is there.

"There's a real need," he said. "The governor of Connecticut mentioned how costs were so expensive last winter because they were at the limit of their infrastructure. They need infrastructure."

Tom Marshall, premier of Newfoundland and Labrador, also promoted the potential for power export from the Muskrat Falls project, which is under construction.

However, eventual exports from there will also depend on the construction of a transmission line between Nova Scotia and Maine.

The Canadian Press


Read more Business News

23423


Recent Trending




Today's Market
S&P TSX14960.51-16.41
S&P CDNX909.29-3.47
DJIA17042.90-28.32
Nasdaq4493.39-12.462
S&P 5001972.29-5.51
CDN Dollar0.8930-0.0029
Gold1209.20-9.6001
Oil89.94-2.84
Lumber333.50+4.60
Natural Gas4.124-0.03

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.26+0.03
Cantex0.065-0.025
Anavex Life Sciences0.184-0.001
Metalex Ventures0.0550.00
Russel Metals34.57+0.08
Copper Mountain Mining2.42-0.10
Colorado Resources0.165+0.015
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.32-0.02

 



22831

FEATURED Property
20397691174 Long Ridge Drive
4 bedrooms 4 baths
$672,500
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_



23499




Member of BC Press Council


22632