Newfoundland's oil and gas company acting CEO, Jim Keating, is touting a solution to Muskrat Falls' almost worthless surplus electricity. He suggests using a ‘shore-to-offshore’ extension cord for future oil production platforms. Presently, the electricity used on offshore production platforms is produced by generators using natural gas feedstock which comes straight from the well bore - no worries about Alpine conditions - or software - leaving a high-cost production platform in the dark.
Keating is spouting a Norwegian concept. All you have to do is run a 400 km. “power cord from Soldier’s Pond”, Keating told NOIA, out to one of the as yet undiscovered 16 prospects. Keating neglects to mention that the ‘juice’, as Dunderdale used to call the power, is connected to another 1100 km. extension cord, which the Norwegians don’t need to account for.
And, by the way, how many offshore prospects are there in Jim Keating’s frame of reference? The number is specifically - not approximately or even a guesstimate - 16 - and that’s just in the West Orphan Basin.