Overview
- After week‑long hearings and closing arguments, the Energy and Utilities Board reserved its decision and will rule following a second session March 31–April 2 that will also examine a possible expansion to 500 MW and a 100‑MW sale to Nova Scotia.
- NB Power’s proposed Renewable Integration and Grid Security facility near Centre Village would be built and owned by U.S. firm ProEnergy, supplying the utility under a 25‑year agreement.
- NB Power maintains at least 400 MW of new capacity is required to uphold a 20% reserve margin and argues the plant is the fastest, cheapest and most reliable near‑term option.
- Intervenors, including the Conservation Council, say the utility rushed its planning, relied on 2023 battery‑storage cost figures without updated analysis or market sounding, and failed to fully evaluate lower‑cost alternatives.
- In related regional developments, Ottawa’s Defence Industrial Strategy—touting $180 billion in procurement and $290 billion in capital investment over 10 years—is being promoted to local suppliers, while Enbridge’s CEO signaled no interest in backing a new west‑coast pipeline.