Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime
The Government of Newfoundland and Labrador is assessing whether to authorize the multi-billion dollar Muskrat Falls hydroelectricity project on the lower Churchill River in Labrador. Proponents say it is needed to handle expected increases in electricity consumption. A better first step, however, w...
Main Author: | |
---|---|
Format: | Report |
Language: | unknown |
Subjects: | |
Online Access: | http://www.cdhowe.org/pdf/ebrief_129.pdf |
id |
ftrepec:oai:RePEc:cdh:ebrief:129 |
---|---|
record_format |
openpolar |
spelling |
ftrepec:oai:RePEc:cdh:ebrief:129 2024-04-14T08:10:26+00:00 Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime James P. Feehan http://www.cdhowe.org/pdf/ebrief_129.pdf unknown http://www.cdhowe.org/pdf/ebrief_129.pdf preprint ftrepec 2024-03-19T10:27:09Z The Government of Newfoundland and Labrador is assessing whether to authorize the multi-billion dollar Muskrat Falls hydroelectricity project on the lower Churchill River in Labrador. Proponents say it is needed to handle expected increases in electricity consumption. A better first step, however, would be to reform provincial regulations that set artificially low prices for electricity and support excessive power consumption, which is a problem in Newfoundland as it is in other provinces. Changing regulatory regimes so that the price of electricity reflects underlying costs would make economic sense and promote energy conservation. For Newfoundland, such a change could make the expensive Muskrat Falls project unnecessary. Economic Growth and Innovation, Governance and Public Institutions, Water Series, Province of Newfoundland, electricity, hydro, pricing, Newfoundland and Labrador Hydor (NLH), Nalcor Energy, Muskrat Falls Plan (MFP), Isolated Island Option (IIO) Report Churchill River Newfoundland RePEc (Research Papers in Economics) Newfoundland |
institution |
Open Polar |
collection |
RePEc (Research Papers in Economics) |
op_collection_id |
ftrepec |
language |
unknown |
description |
The Government of Newfoundland and Labrador is assessing whether to authorize the multi-billion dollar Muskrat Falls hydroelectricity project on the lower Churchill River in Labrador. Proponents say it is needed to handle expected increases in electricity consumption. A better first step, however, would be to reform provincial regulations that set artificially low prices for electricity and support excessive power consumption, which is a problem in Newfoundland as it is in other provinces. Changing regulatory regimes so that the price of electricity reflects underlying costs would make economic sense and promote energy conservation. For Newfoundland, such a change could make the expensive Muskrat Falls project unnecessary. Economic Growth and Innovation, Governance and Public Institutions, Water Series, Province of Newfoundland, electricity, hydro, pricing, Newfoundland and Labrador Hydor (NLH), Nalcor Energy, Muskrat Falls Plan (MFP), Isolated Island Option (IIO) |
format |
Report |
author |
James P. Feehan |
spellingShingle |
James P. Feehan Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime |
author_facet |
James P. Feehan |
author_sort |
James P. Feehan |
title |
Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime |
title_short |
Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime |
title_full |
Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime |
title_fullStr |
Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime |
title_full_unstemmed |
Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime |
title_sort |
newfoundland's electricity options: making the right choice requires and efficient pricing regime |
url |
http://www.cdhowe.org/pdf/ebrief_129.pdf |
geographic |
Newfoundland |
geographic_facet |
Newfoundland |
genre |
Churchill River Newfoundland |
genre_facet |
Churchill River Newfoundland |
op_relation |
http://www.cdhowe.org/pdf/ebrief_129.pdf |
_version_ |
1796307984824926208 |