NB Power has announced it will close the Grand Lake generating station next June and since it's only customer is closing its doors, NB Coal Limited will close this December.
NB Power President David Hay says the Grand Lake Generating Station is an aging facility with many environmental and economic challenges. He says due to the nature of the coal mined in the area combined with pending environmental regulations make
it too expensive to continue operation.
Since 2000, the Grand Lake generating station has been it's only customer. Hay says NB Power will work with the community during this transition. The Grand Lake generating station was built in 1931 and was NB Power's first thermal plant. It was built to serve Fredericton and the cotton mill in Marysville.
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