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| Solar panel plant eyed for Summerside |
| Source: CBC.ca |
| Date: 12-Mar-2010 |
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| P.E.I. may soon become the home of a large solar-panel factory with a proposal from an Ontario firm and an India-based company.
Solar Source Corp. has teamed up with a company from India called HHV on a plan to build a $65-million plant at Slemon Park in Summerside.
Jamie Ballem, the province's former Progressive Conservative energy minister, is now the director of Solar Source, which i... (read more on CBC.ca) |
| Grand Lake station closed 3 months early |
| Source: CBC.ca |
| Date: 11-Mar-2010 |
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A fire has forced an early closure of NB Power's coal-fired Grand Lake Generating Station in Minto, N.B.
NB Power announced on Wednesday the 79-year-old power generating facility would close three months early. The fire broke out on Feb. 23 but was only disclosed on Wednesday.
No one was injured in the fire, but NB Power said in a media release it would be too expensive to repair the ... (read more on CBC.ca) |
| N.B. reactor upgrade delayed again |
| Source: CBC.ca |
| Date: 11-Mar-2010 |
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The $1.4-billion refurbishment of the Point Lepreau nuclear reactor in New Brunswick is continuing to miss deadlines set by Atomic Energy of Canada Ltd., CBC News has learned.
The reactor is scheduled to be restarted next February, 16 months behind schedule, but is facing even more problems.
AECL had planned on installing 380 calandria tubes in the nuclear reactor by the start of Februar... (read more on CBC.ca) |
| New NB Power CEO sees bright future for utility |
| Source: Telegraph-Journal, by C. Morris |
| Date: 09-Mar-2010 |
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FREDERICTON - Gaetan Thomas can see for miles from his large, window-lined office on the top floor of the NB Power building - far enough, he says, to discern a brave new world for New Brunswick's energy future.
Thomas, 49, has taken over the helm at NB Power from former president and chief executive officer David Hay, who left abruptly last month in the midst of heated debate about the c... (read more on Telegraph-Journal) |
| AECL pledge interests minister |
| Source: CanadaEast.com |
| Date: 09-Mar-2010 |
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FREDERICTON - One line in the Harper government's long and detailed throne speech on Wednesday caught the attention of New Brunswick Finance Minister Greg Byrne - the promise to restructure Atomic Energy of Canada Ltd.
Byrne said the province is anxious to find out what Ottawa is planning in that restructuring and how it will affect the costly refurbishment of the Point Lepreau nuclear... (read more on CanadaEast.com) |
| Canadian Natural Resources Limited announces 4Q profit of $455 million |
| Source: Truro Daily News |
| Date: 05-Mar-2010 |
| CALGARY - Canadian Natural Resources Ltd. (TSX:CNQ) is raising its quarterly payout to shareholders by 43 per cent, saying the move recognizes the stability of its cash flow.
The Calgary-based oil and gas producer's quarterly dividend will be increased to 15 cents per common share.
Canadian Natural says its operations generated $1.7 billion in cash during the fourth quarter, up eight pe... (read more on Truro Daily News) |
| Budget to pump $400M into Atomic Energy of Canada |
| Source: CTV.ca |
| Date: 05-Mar-2010 |
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| OTTAWA — The Harper government is unveiling what is expected to be its last free-spending budget Thursday, with money for infrastructure, businesses and a new lifeline to the atomic energy industry.
While Finance Minister Jim Flaherty will declare the spigot will finally be turned off on March 31, 2011, this year will also see $19 billion in previously-announced stimulus -- and a few surprises.... (read more on CTV.ca) |
| NB Power deal tough sell in Nackawic |
| Source: CBC.ca |
| Date: 04-Mar-2010 |
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The NB Power deal with Quebec continues to be unpopular - even among some of the people Premier Shawn Graham says it's designed to help.
Graham has said the $3.2 billion-deal will help preserve jobs in forestry towns through lower power rates for industry, but some people in Nackawic aren't convinced.
"Oh it's a pretty good idea, but I think there's a better way ... (read more on CBC.ca) |
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| N.S. municipal leaders throw support behind NewPage biomass project |
| Source: Truro Daily News |
| Date: 04-Mar-2010 |
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PORT HAWKESBURY, N.S. - Some municipal leaders are throwing their support behind NewPage Port Hawkesbury's plan to create energy from waste wood.
Richmond County Warden John Boudreau says the biomass project makes sense - socially, economically and environmentally. Boudreau says local mayors and wardens will also seek the support of the Union of Nova Scotia Municipalities.
NewPage wan... (read more on Truro Daily News) |
| P.E.I. farmers fear big electric hike |
| Source: CBC.ca |
| Date: 02-Mar-2010 |
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Maritime Electric is eliminating a two-tier residential rate system next month that has provided cheaper rates to large users, and Prince Edward Island farmers say they will end up paying a lot more for power.
The change that takes effect April 1 will have a devastating impact on large farm operations, P.E.I.'s Federation of Agriculture says, because it will result in an estimated cost... (read more on CBC.ca) |
| NB Power debate goes public |
| Source: TimesTranscript.com, by N. Moore |
| Date: 02-Mar-2010 |
| The New Brunswick government says no final deal to sell NB Power assets to Hydro-Québec will be signed on or around March 31, the date which for months was the deadline to finalize the $3.2-billion proposal.
And even though Energy Minister Jack Keir said an agreement would be ready for signatures by that date, he said it's unlikely a deal would be finalized anytime in April either.
In f... (read more on TimesTranscript.com) |
| Energy Loans for Farmers |
| Source: marketwire.com |
| Date: 01-Mar-2010 |
| Canadian agriculture producers and agribusiness operators who are considering the use of renewable energy sources in their business will soon have a new financing option thanks to a new Energy Loan announced today by Agriculture Minister Gerry Ritz.
The Farm Credit Canada (FCC) Energy Loan is designed to assist producers and agribusiness owners who want to make the move towards producing their ... (read more on marketwire.com) |
| NSP keen on subsea hydro |
| Source: TheChronicleHerald.ca, by J. Myrden |
| Date: 01-Mar-2010 |
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North America’s rush to renewables has forced the region’s largest energy conglomerate to spend hundreds of millions of dollars this year going cleaner and greener.
Emera Inc. and its subsidiary, Nova Scotia Power, are pinning their hopes on harnessing the powerful tides of the Bay of Fundy to generate electricity.
"We’ve got a lot riding on this," said Emera CEO Chris Huskilson ... (read more on TheChronicleHerald.ca) |
| Down by the old mill stream |
| Source: Telegraph-Journal, by P. Lee |
| Date: 25-Feb-2010 |
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| A plunge in temperature overnight and an early morning wind chill is flash freezing water in white sheets on the banks of the river beside this 130-year-old dam that has one foot in New Brunswick and another in Maine.
Maintenance manager Jeff Babcock's boots crunch on a crust of new snow as he walks from the front gate to the powerhouse, traversing the outlines of the foundation of the cot... (read more on Telegraph-Journal) |
| N.L. sues Quebec over deal |
| Source: TheTelegram.com, by R. Antle |
| Date: 24-Feb-2010 |
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Newfoundland and Labrador has officially launched court action for redress on the disastrous Upper Churchill power deal, seeking an additional half a billion dollars per year from Hydro-Quebec.
Churchill Falls (Labrador) Corp. Ltd. (CF(L)Co) filed the motion commencing proceedings in Quebec Superior Court Tuesday.
"The motion details the basis of our claim to have the pricing terms of... (read more on TheTelegram.com) |
| Hibernia expanding south |
| Source: TheChronicleHerald.ca, by G. Locke |
| Date: 22-Feb-2010 |
| Hibernia, Canada’s first offshore oil project, is about to get a lot bigger.
A $30-billion agreement on the development of the Hibernia South oil field was finalized in St. John’s on Tuesday between the government of Newfoundland and Labrador and the oil company partners.
The new oil fields are an extension of the original Hibernia project and expected to yield an additional 170 million barr... (read more on TheChronicleHerald.ca) |
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