PlanetNL21:
What the Isolated Island Option Could Have Been
In deciding to proceed with Muskrat Falls, Nalcor and
Government could not see the low-cost alternative staring them in the face that
was available to eliminate Holyrood and keep electricity rates stable and low.
First, they could not identify that the
Isolated Island System had no load-growth potential.
Second, they would not recognize that there
was great inefficiency in allowing high seasonal electric heating requirements
to persist.
Third, they resisted changing
consumer rates to include marginal pricing that would sell Holyrood energy for
what it cost to produce.
