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.
Nova Scotia 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 last week.
“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,” said Dexter. “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.”
The proposed new regional transmission line would be between Colchester County and Southern New Brunswick.
Talks between Emera and NB Power will also focus on enhancing the existing agreement between NB Power and Emera’s Bayside Power natural-gas-fuelled generation facility in Saint John, and examining the potential for expansion.
The project would require a provincial environmental assessment and need to be approved by the Nova Scotia Utility and Review Board.
Premier Dexter noted this announcement builds nicely on last week’s meetings in Lenox, Massachusetts, with premiers from the Atlantic provinces committing to further cooperation on regional energy initiatives that will improve the economy and environment in all regions.