NB Powers crews at work. (NB Power)
NB Power and Hydro-Québec are teaming up for three projects.
It was announced on Friday at the Mactaquac hydroelectric generating station, near Fredericton, N.B.
In the first agreement, Hydro-Québec will export electricity to New Brunswick between now and 2040.
The province has been working with Québec on energy imports since 2012.
“We are very pleased to continue our long and beneficial partnership with our neighbours in Québec,” said Gaëtan Thomas, President and CEO of NB Power. “Not only will this result in more clean energy for our province and Atlantic Canada, but Hydro-Québec’s expertise in AAR mitigation will be very helpful to our Life Achievement project at Mactaquac and will translate into significant capital cost savings on the project.”
NB Power has signed three mutually beneficial agreements with @hydroquebec. Read more: https://t.co/Fs6c9iyJu5 pic.twitter.com/FTnoccdEzU
— NB Power (@NB_Power) January 10, 2020
A second deal provides for technical collaboration between the two utilities for part of the refurbishment of Mactaquac generating station pending regulatory approvals in order to extend its useful life at least until 2068.
“Thanks to a major build-out of our generation facilities, Hydro-Québec has a lot of energy available, and we’re thrilled to be contributing to New Brunswick’s clean energy supply over the next two decades,” said Éric Martel, President and CEO of Hydro-Québec. “We’re also very proud that our expertise will help NB Power keep the Mactaquac generating station in operation until at least 2068.”
The final agreement covers discussions to boost the transmission capacity between the two grids which would not only help reduce GHG emissions but, also improve the reliability of both grids.
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