A $6.2 billion megaproject is green partly because it is supposed to displace 500 megawatts of electricity generated at Holyrood by burning Bunker C oil.
But now this green project will also open the chance for Nalcor to build a new thermal generating plant as well, this time burning natural gas. This is a new opportunity, supposedly.
Bonus contradiction: “Displace” is the word Nalcor uses to bridge the contradiction between what the politicians will tell you about the Holyrood generators and what Nalcor tells the public utilities board.
- srbp -
1 comment:
Speaking of contradictions, here's some interesting reading for those interested in the long term markets for electricity in the U.S.
http://green.blogs.nytimes.com/2010/12/16/the-energy-future-aint-what-it-used-to-be/
and the source:
http://www.eia.doe.gov/forecasts/aeo/
NALCOR and government have the gall to suggest that there is a market for overpriced Muskrat Falls power.
Nothing could further from the truth.
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