‘Tough Decisions’ Ahead for NB Power
New Brunswick’s electric utility says tough decisions will be needed over the coming years as it undertakes a significant transformation.
New Brunswick’s electric utility says tough decisions will be needed over the coming years as it undertakes a significant transformation.
“The status quo is not an option for NB Power,” Spokesperson Dominique Couture says.
Clark has been serving as acting president and CEO of the utility since Keith Cronkhite was ousted last July.
On an encore episode of the “Insights” podcast, Brett Plummer, the Chief Nuclear Officer at NB Power, talks about the potential of SMRs to address energy needs in the region and act as a catalyst for regional economic development.
NB Power’s new obligatory regulatory filing may reduce next year’s anticipated rate hike slightly, from 8.9 to 7.9 percent.
Opinion: Economist David Campbell recently asked “whatever happened to New Brunswick’s Smart Grid?” It is still here, still moving forward, and still has tremendous economic and technical potential for our province.
Board chair Charles V. Firlotte says the provincial utility plans to strike out in a new direction under new leadership.
NB Power had asked for an unprecidented 25-year license renewal but the Canadian Nuclear Safety Commission shot the request down.
When it comes to figuring out the best way to run a public utility in Atlantic Canada, by a private or public operator, it seems you’re damned if you do and damned if you don’t.