Guest Post written by Gabe Gregory
Nalcor's most recent estimate of the
capital cost for the Muskrat Falls project is $11.4 billion. Emera is spending $1.6
billion for the Maritime link (ML) to NS. The total capital investment on the
venture is $13.0 billion.
The table below - at Line 2 - confirms Nalcor’s
estimate of total annual power production from the project at 4.642 TWh. The table
also puts at 1.192 TWh Nalcor's most current estimate (June 2016) of how much electricity
Newfoundlanders will use in the first year full power is produced.
The amount committed power to Nova Scotia, under the Nova Scotia Block, is
1.220 TWh. The balance - 2.230 TWh - is the amount Nalcor can export - though approximately
80% of this power is also committed to Nova Scotia.
