Nova Scotia and New Brunswick power companies are exploring the opportunity for a new 500 megawatt line that would more than double the electrical transmission capacity between the two provinces. Premier Darrell Dexter, New Brunswick Premier Shawn Graham, Nova Scotia Power CEO Rob Bennett, and NB Power CEO Gaetan Thomas announced the project in Fredericton.
“Historically, Nova Scotia was an energy island and now because of this project, the province will have a stronger grid that will allow more power to be imported and exported. That means that more jobs will be created that will strengthen and grow the economy, and businesses and Nova Scotians from one end of the province to the other will have stable energy prices which will result in more affordable power in the foreseeable future.
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Premier Darrell Dexter
“New Brunswick has been actively working with our neighbours to build regional transmission capacity and leverage our position as an energy hub to create jobs to keep our young people at home. This new transmission capacity is a crucial piece of infrastructure that will open the door for new renewable energy projects in New Brunswick and power exports to Nova Scotia.
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New Brunswick Premier Shawn Graham
“Emera and Nova Scotia Power are committed to cleaner, cost-effective, more diversified and better connected electricity and energy infrastructure within Atlantic Canada. We are also committed to development of infrastructure that improves our region's connection with the rest of North America.
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Rob Bennett, president and CEO, Nova Scotia Power
“Ensuring that we are doing the right things for our customers is paramount. By maximizing regional collaboration, we are ensuring that we are reducing our risk, taking full advantage of our generation resources and continually looking for new and innovative solutions.
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Gaetan Thomas, NB Power president and CEO