Friday, April 3, 2009

Power Transfer Through Quebec Good For Lower Churchill 'leverage': Williams

Photo: Danny Williams: 'We're not forced to just sell it at the border to Quebec at whatever price Quebec wants to pay for it.' (CBC)

From The CBC:

A new deal that will see a small amount of Labrador hydroelectric power flow through Quebec to customers in New York will help set the stage for a still undeveloped hydroelectric megaproject, Premier Danny Williams says.

Newfoundland and Labrador announced Thursday that it is now exporting 130 megawatts of power from the Upper Churchill site, through what is called a "wheeling" deal involving the Hydro-Quebec power grid. Until now, Hydro-Quebec had insisted that only it could purchase any power that Newfoundland and Labrador did not want.

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