| Keeyask Dam Gets Green Light - Manitoba Hydro Told No More | 7 July 14 |
In a report released Wednesday, the PUB said Crown-owned Manitoba Hydro had not made a strong enough business case for building the Conawapa dam. "The risks associated with the Conawapa project are unacceptable," the provincial regulator's report states. "It is too speculative in light of rapidly changing conditions in North American electricity markets." "Cancelling the Keeyask project now would result in material consequences for ratepayers, because Manitoba Hydro would have to recover the $1.4 billion spent on the project to date," the PUB said. "The arrangements with First Nations would have to be terminated and significant economic opportunities lost. Manitoba Hydro's commercial reputation may suffer." The PUB said no more money should be spent on any future generation or transmission projects -- including the proposed Conawapa mega-dam -- until the province comes up with a new plan for a clean-energy future that includes wind and solar. The environmental license for Keeyask Generating Station with Extra conditions & requirements is on the Environment Act public registry. To date the 165 license conditions are not publiv.
View July 3, 2014 Winnipeg Free Press article |
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