“We are potentially paying 6.4 Billion for 170 MW of firm power, which will just be enough to meet the Emera commitment,” notes JM in discussing one scenario in his latest commentary The Water Management Agreement and Peak Load Delivery to the Island.
The scenario JM is referring to involves irregular production by Churchill Falls of 20 days at full capacity and 11 days at a minimum level. Nalcor laid it out in one of its presentations to the PUB:
This adds a significant new technical dimension to the ongoing water management agreement controversy.