Wednesday, July 30th19.0°C
21450
21755

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

22563


Recent Trending




Today's Market
S&P TSX15446.55+1.33
S&P CDNX1016.50-3.35
DJIA16912.11-70.48
Nasdaq4442.698-2.211
S&P 5001969.95-8.96
CDN Dollar0.9208-0.0008
Gold1310.00+6.70
Oil101.13+0.16
Lumber322.20-0.80
Natural Gas3.73-0.017

 
Okanagan Companies
Pacific Safety0.185-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.20+0.05
Cantex0.085+0.02
Anavex Life Sciences0.2675+0.0025
Metalex Ventures0.085+0.005
Russel Metals35.29+0.14
Copper Mountain Mining2.86-0.11
Colorado Resources0.2250.00
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.035+0.015
Mission Ready Services0.155-0.035

 



21337

FEATURED Property
20134751138 Gregory Road
5 bedrooms 4 baths
$1,395,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Take charge of your debt

Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22707