Mr. Speaker, the alternate routes have been looked at by the Hydro Corporation and the Power Corp because through the environmental review they were asked for additional information. That was provided. This project will not work. We will not be able to sell energy to the mines for an acceptable rate. They will not sign power purchase agreements for a cost higher than they’re able to develop it for in today’s environment. Adding approximately $100 million-plus to the project by going around the west side of the lake would put that project in a place where it is uneconomical and we have no project; there will be no expansion without a customer. The customer base is based on kilowatt hours. Those discussions are ongoing and if those agreements get signed, we have a project to move forward. If they don’t get signed, we have no project. Thank you.
Floyd Roland on Question 59-16(5): Taltson Hydro Expansion Project Proposed Transmission Lines
In the Legislative Assembly on March 23rd, 2010. See this statement in context.
Question 59-16(5): Taltson Hydro Expansion Project Proposed Transmission Lines
Oral Questions
March 22nd, 2010
Inuvik Boot Lake
See context to find out what was said next.