UARB approves $1.5-billion Muskrat Falls hydro subsea cable

Global News

HALIFAX – Nova Scotia’s Utility and Review Board has approved a proposal to build a subsea cable to ship hydroelectricity from Muskrat Falls in Labrador to Nova Scotia, saying Monday the Maritime Link edges out other energy alternatives for the province.

The board made its decision conditional on the project obtaining from Nalcor Energy the right to access the Newfoundland and Labrador Crown utility’s market-priced energy.

The board was asked to decide whether constructing the cable, known as the Maritime Link, was the cheapest long-term alternative for the province’s electricity users and whether it meets requirements on the release of air pollutants.

It says the project represents the lowest long-term cost alternative for electricity ratepayers in Nova Scotia on the balance of probabilities, but it is only the cheapest option by a narrow margin.

“While the board finds that the ML (Maritime Link) project is the lower long-term cost alternative…

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