The UARB has stated, in uncommonly plain language, that the Maritime Link is not, now, the lowest cost option for Nova Scotia. It says that 15 cents per KWh for the Nova Scotia Block is too high and demands that all of the ‘surplus’ energy from Muskrat Falls be made available. Altogether, the two blocks constitutes 60% of the power from Muskrat Falls. It says, only by levelling the price, with cheap (5-9 cents KWh) “market-priced” power, can it achieve the desired blended rate of 10 cents, allowing the ML, over time, to become the lowest cost option.
Exhibiting Quebec style opportunism, NS could care less that Newfoundland rate-payers will pay in excess of 20 cents per KWH. They are not concerned that Newfoundlanders and Labradorians will assume all of the construction risk, including 80% of cost overruns on the Maritime Link (ML). But, NS sees an opportunity to benefit and who can blame them. They are doing what ‘states’ do: they act in their self-interest. If Premier Dunderdale had consulted Brian Peckford on Nova Scotia’s antics, during the Atlantic Accord saga, she and her Ministers might not have so quickly earned the mantle, ‘babes in the wood’.