Transmission link between Labrador and Newfoundland to be energized
ST. JOHNвЂ™S, N.L. вЂ” An historic milestone is expected today on the East Coast: A power link connecting the Muskrat Falls hydro megaproject to Newfoundland and LabradorвЂ™s capital will be formally вЂњenergizedвЂќ for the first time.
The Soldiers Pond transmission site, located 40 minutes outside of St. JohnвЂ™s, is connected to Labrador by a 1,100-km transmission power line.
The energy will come at a great cost, however вЂ” a public inquiry has been appointed to study how Muskrat FallsвЂ™ estimated $6.2 billion price tag has more than doubled to $12.7 billion.
The Muskrat Falls hydro generation facility in Labrador is 90 per cent complete.
Stan Marshall, CEO of Muskrat Falls owner Nalcor Energy, will speak to the media during a tour of the now-completed transmission site that will supply full power to the islandвЂ™s residents by 2020.
Once Soldiers Pond becomes active, electricity rates are expected to double for the islandвЂ™s consumers by 2022, a burden Premier Dwight Ball has said he is working to mitigate.