Thank you, Mr. Chairman. The last time I was here we touched on this subject, also, so I think everybody's aware that there's a company that has some wind turbines in Cambridge Bay. Those wind turbines have been working for quite a period of time now and although they did have some of the technical problems that you might expect at first --icing conditions on the blades and some bearings or metal pieces that wore out or broke --they seem to have a lot of that overcome now with better products and a better understanding of the climate they are working in. They have now come back to the Power Corporation and they would like to install more wind turbines. What they need from us is a guarantee of what price we will buy power from them. We're in the process of writing them that letter so that they can be assured of what price they will get to install more wind turbines and continue to work on this project.
I think it offers lots of potential in the north and especially in the eastern Arctic. Of course, with the small populations in almost every place we supply power in the Northwest Territories, nuclear power has never seemed like much of an option. So the Power Corporation, at this time, has not pursued that to any length, although I think it's probably timely that we had somebody from Arctic Energy come up and give us a talk on that someday so we can stay current with the technology. I Also know there's a concern in the Northwest Territories about it being a nuclear free zone so perhaps that's not an alternative at all. said it before -- to hear the Premier say that the privatization One other technology that seems to be advancing quite rapidly, and I think has a lot of potential for our smaller plants and smaller communities, is what's called fuel cell technology. Fuel cell is really referring to batteries. That technology is changing so fast; there are batteries coming on the market where you would run your engines for a period of time, the engines charge the fuel cell and then you can shut the engines off and run off the fuel cell. Certainly, smaller users of power like NorthwesTel probably use some of that already. I think we can see, as this technology improves, that being a great benefit to us, especially at night in communities where they don't need much power and there are no big spikes in the power.
Other than those two and all our pursuits in hydro, those are the three main areas we are working on and looking at.