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Muskrat Falls cheaper than wind power: study  

Credit:  The Canadian Press ~ staff The Cape Breton Post | October 31, 2012 | www.capebretonpost.com ~~

ST. JOHN’S, N.L. – An arm’s length study says that using large-scale wind power for Newfoundland and Labrador’s future energy needs would cost much more than Muskrat Falls.

The study by Manitoba Hydro International says wind and thermal energy generation would cost about $3.5 billion more over 50 years than the proposed Labrador hydroelectric development.

The Progressive Conservative government has repeatedly said the project is the best option for the province.

The government is to decide in coming weeks whether to sanction Muskrat Falls at an estimated capital cost of $7.4 billion.

Critics say Muskrat Falls is too prone to cost overruns and that the province should consider incremental developments for its power needs.

Predicted capital costs have gone up by $1.2 billion since Muskrat Falls was first proposed in 2010 at an estimated cost of $6.2 billion.

The government says the price tag has risen in part due to advanced engineering and design improvements.

Muskrat Falls supporters say alternatives have been studied but they are too expensive.

Source:  The Canadian Press ~ staff The Cape Breton Post | October 31, 2012 | www.capebretonpost.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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