Mr. Speaker, the Member is correct that not nearly as much technical work has been done on the Bear River potential. We have certainly had good discussions with Imperial as the leading partner in the pipeline project. We know that they are interested. Again, as in any business deal, price is important to them. We know that they are interested in initially about 90 megawatts of power. That is equivalent to the amount of power the Power Corporation sells to all customers in the Territories right now. So it would double the business the Power Corporation does, which is necessary to get over the economies of scale issues, as was mentioned in the briefing we gave to AOC at noon today. Mr. Speaker, if this project works out, then they would need up to 300 megawatts of power, making it a very viable one to have a hydro transmission line right down the valley serving all of the communities along that route from Inuvik all the way south. The other alternative, Mr. Speaker, is if we work out a deal with the pipeline then it also opens up a market to sell power south as well. So that one has huge potential, but neither of these projects will move ahead unless they have regional support. Thank you, Mr. Speaker.
Joe Handley on Question 105-15(3): Taltson And Bear River Hydro Projects
In the Legislative Assembly on March 29th, 2004. See this statement in context.
Further Return To Question 105-15(3): Taltson And Bear River Hydro Projects
Question 105-15(3): Taltson And Bear River Hydro Projects
Item 6: Oral Questions
March 28th, 2004
Page 414
See context to find out what was said next.