Linked Header

Thursday, January 21, 2010

Revamped NB Power Deal Gets Support

Not everyone outside the confines of the Provincial Government is opposed to selling at least parts of NB Power to Hudro Quebec. An energy consultant, based in Fredericton, likes the revamped deal because it retains ownership. William Marshall of W-M-K Energy Consultants admits he had problems with the original proposal but the revised deal leaves room for regional energy co-operation which has been something he has been calling for. He tells CHSJ News NB Power's debt is really staggering, much more serious than most people in the province realise. Marshall says the revised proposed agreement better increases the province's ability to control rates and set future energy policy.