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Thursday, August 16, 2012

Emera CEO Speaks On Hydroelectric Projects

The President and CEO of Emera visiting Saint John to talk about the future potential of the Lower Churchill Hydroelectric Project for the Maritimes and beyond.
 
Chris Huskilson briefing the media on the Muskrat Falls and Churchill Falls components.
 
He tells CHSJ News there are two key benefits including more energy moving through the province.

He says it creates a new market source of clean energy and that will provide more competition and long term cost relief from electricity prices.

Huskilson says one of the challenges for Emera and other companies is the federal mandate to reduce CO2 emissions by 25 per cent in 2020, 50 per cent by 2030 and nearly 100 per cent by 2050.