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NB Power

New Brunswick Electric Power Corporation[4] (French: Société d’énergie du Nouveau-Brunswick), operating as NB Power (French: Énergie NB), is the primary electric utility in the Canadian province of New Brunswick. NB Power is a vertically integrated Crown Corporation wholly owned by the Government of New Brunswick and is responsible for the generation, transmission, and distribution of electricity.[5]: 3  NB Power serves all the residential and industrial power consumers in New Brunswick, with the exception of those in Saint John, Edmundston and Perth-Andover who are served by Saint John Energy, Energy Edmundston,[6] and the Perth-Andover Electric Light Commission,[7] respectively.

New Brunswick Power Corporation
  • NB Power
  • Énergie NB
Native name
Société d’énergie du Nouveau-Brunswick
FormerlyNew Brunswick Electric Power Commission
TypeCrown agency
IndustryElectricity generation, transmission and distribution
FoundedApril 29, 1920 (1920-04-29)
Headquarters,
Canada
Area served
New Brunswick
Key people
Lori Clark (President and CEO)
ServicesElectricity
RevenueC$2,198 million (2022)[1]
(C$283 million) (2022)[1]
(C$80 million) (2022)[1]
Total assetsC$7,935 million (2022)[1]
Total equityC$174 million (2010)[2]
Number of employees
2,500+ (2020)[3]: 8 
Websitewww.nbpower.com

History edit

The development of the electricity industry in New Brunswick started the 1880s with the establishment of small private power plants in Saint John, Fredericton and Moncton. Over the next 30 years, other cities successively electrified, so much so that in 1918, more than 20 companies were active in the electricity business, which left the province with wildly differing levels of services and prices. In Saint John for instance, the rates fluctuated between 7.5 and 15 cents per kilowatt-hour, depending on the location and the monthly consumption.[8]

Interwar period edit

Recognizing the important role that electricity was about to play in economic development, Premier Walter E. Foster proposed the creation of a provincially owned electric company. The Legislative Assembly passed a bill to that effect. The New Brunswick Electric Power Commission (NBEPC) was created on April 24, 1920, under the ministry of Peter Veniot (Public Works). Immediately, the commission, headed by its first president, C. W. Robinson, launched the construction of a C$2 million hydroelectric dam at Musquash, west of Saint John. To supply the cities of Saint John, Moncton and Sussex, a 88 miles (142 km) long high voltage power line was also built.[9]

The new earth dam was completed on time, in 1922. But it could not withstand the 1923 spring flood and collapsed,[9] an accident which shattered a bit of confidence in the new commission. The building of a larger facility in Grand Falls, on the Upper Saint John River, was undertaken in 1926 by a subsidiary of International Paper Company and completed in 1930.[9] Electricity demand increased during that decade and more generation facilities were required to supply the province. The commission decided to take advantage of coal resources in the Minto area and built a plant near the mines. The Grand Lake Generating Station was commissioned in 1931 and then expanded five years later.[10]

Post-war era edit

 
The floodgates of the Grand Falls generating station, during the annual freshet of the Saint John River.

Demand for electricity exploded during World War II and led to rationing in the late 1940s.[11] Meanwhile, the commission embarked on the construction of two major dams on the Saint John River, the Tobique and Beechwood generating stations, which were respectively commissioned in 1953 and 1955. See below regarding First Nations relations.

The New Brunswick Electric Power Commission bought the Grand Falls Generating Station in 1959[11] and began work on the province's largest hydroelectric facility, the Mactaquac dam, whose first three units were put on stream in 1968.[12]

However, the new hydroelectric developments proved insufficient to bridge the imbalance between supply and demand, which grew by 12% per annum between 1960 and 1975. To cope with this demand growth, the commission began construction of the oil-fired Courtenay Bay Generating Station, near the Saint John shipyard in 1959; it was also adjacent to the Irving Oil Refinery, which entered service in the late 1950s and which the Courtenay Bay Generating Station made use of a pipeline running from the Canaport offshore loading facility at Red Head to the refinery. The first 50 MW turbine was put in service at Courtenay Bay Generating Station the next year, in December 1960, while two more units were added in 1965 and 1966, 50 MW and 100 MW, respectively.[12] To better serve northern New Brunswick, another oil-fired plant, the Dalhousie Generating Station, was constructed in Darlington with an initial capacity of 100 MW. It was commissioned in 1969.[12]

In the early 1970s, the NBEPC signed a series of supply contracts with New England distributors, justifying the construction of its largest power plant in 1972. With three 335 MW units, the oil-fired Coleson Cove Generating Station was completed in January 1977. However, the 1973 oil shock made the operation of thermal plants more expensive, since oil prices rose from US$3 to US$37 per barrel between 1973 and 1982. The company, which was renamed NB Power / Énergie NB during that time, needed to explore other generating options.[13]

Point Lepreau edit

The construction of a nuclear plant in New Brunswick had been discussed since the late 1950s. For over 15 years, engineers from the NBEPC visited the Chalk River Laboratories to keep abreast of the latest trends in the field.[13] Formal talks between the provincial and federal governments began in 1972 and discussions between representatives of Premier Richard Hatfield and Atomic Energy of Canada accelerated the following year. In the aftermath of the oil crisis, the province wanted to secure a source of electricity whose prices would be less volatile than oil. However, project financing was still an issue.[14]

The federal government then announced a loan program to help provinces such as New Brunswick in January 1974. Ottawa's pledge to cover half of the cost of a first nuclear plant removed the last obstacle to construction of the Point Lepreau Nuclear Generating Station. On February 5, 1974, Hatfield announced his decision to build the plant, 20 miles (32 km) west of Saint John, and even raised the possibility of constructing a second one in the future. On May 2, 1975, the Canadian Atomic Energy Commission authorized the construction of two 640-MW units within a site that can accommodate a maximum of four reactors.[14]

Labour unrest, design problems and skyrocketing construction costs significantly increased the plant's price tag. The total price of the first operational CANDU-6 in the world was estimated at 466 million dollars in 1974.[15] Inflation between 1978 and 1982 was 46%, this increased the costs for all infrastructure projects in Canada. Projects like Darlington Nuclear Generating Station and Point Lepreau had priced their estimates before the inflation. When it became operational 8 years later, on February 1, 1983, the cost had soared to C$1.4 billion.[14]

Proposed sale to Hydro-Québec edit

On October 29, 2009, the premiers of New Brunswick and Quebec signed a memorandum of understanding to sell most of NB Power's assets to Hydro-Québec.[16] This agreement was reached after nine months of negotiations undertaken at the request of New Brunswick[17] and would have transferred most generation, transmission and distribution assets of the New Brunswick utility to a subsidiary of the Quebec-based Crown corporation, including the Point Lepreau Nuclear Generating Station and 7 hydroelectric plants, but would have excluded fossil-fuel fired plants in Dalhousie, Belledune, and Coleson Cove.[18]

The memorandum of understanding fostered a spirited public debate in New Brunswick and Atlantic Canada. Despite positive feedback from the province's business leaders,[19][20] many reactions to the MOU were hostile. Opposition parties, Newfoundland and Labrador premier Danny Williams,[21] the union representing most NB Power employees,[22] and wind energy supporters[23] quickly condemned the agreement as detrimental to the interests of New Brunswick.

Opponents in the general public used social media to show their displeasure and contest the various arguments for the deal. On Facebook, 14,000 people joined a group in opposition to the sale within five days of the announcement.[24] A demonstration organized by the group and trade unions drew approximately 600 people outside the Legislative Assembly building on November 17, 2009.[25] A Leger Marketing opinion poll conducted on behalf of Quebecor Media newspapers in New Brunswick and Quebec in November 2009 showed that 60% of New Brunswickers polled opposed the proposed sale, while 22% supported it.[26]

After months of controversy, New Brunswick and Quebec representatives signed a second agreement in January 2010, reducing the scope of the sale. Under the revised agreement, the sale would have transferred NB Power's hydroelectric and nuclear power plants to Hydro-Quebec for C$3.4 billion. The government of New Brunswick would have retained the transmission and distribution divisions of NB Power, and the Crown corporation would have entered into a long-term power purchase agreement (PPA) with Hydro-Québec. The PPA would have allowed NB Power to deliver the rate freeze for residential and general customers. However, the industrial rates rollback would have been smaller than under the original MOU.[27]

On March 24, 2010, Premier Graham announced the failure of the second agreement due to Hydro-Québec's concern over unanticipated risks and costs associated with matters including dam security and water levels.[28] This interpretation was contested by analysts, who blamed the collapse of the deal on the political situation in New Brunswick.[29][30]

Corporate structure edit

 
A NB Power lineman working on a transmission tower in Saint John.

The future of NB Power has been a concern of successive New Brunswick governments for the past 15 years[when?]. The Liberal government of Raymond Frenette published a consultation document in February 1998 to find solutions to ensure the sustainability of NB Power in the twenty-first century.[31]

Valuation edit

Shortly after taking office in 1999, the Conservative government of Bernard Lord commissioned TD Securities to conduct an assessment of the company's viability. The study, whose findings were published in 2009, suggested four scenarios: the status quo; a sale to a strategic buyer; privatization through a share offering; or splitting the utility into separate elements. The report valued the company at between $C3.6 and $C4.5 billion.[32] This number however was very strongly contested by those familiar with the value of telecommunications rights of way and smart grid-based services, energy-related and otherwise, who considered the distribution network to have very much more value. These arguments were to be repeated often in the 2009-2010 NB Power controversy.[citation needed]

Between 2001 and 2004, the Lord government spent C$3.2 million to retain the services of CIBC World Markets and Salomon Smith Barney in order to evaluate the resale value of the Point Lepreau and Coleson Cove power plants. The studies, codenamed Cartwheel and Lighthouse, have assessed the value of these assets to roughly C$4.1 billion.[33] A similar valuation was used in the failed 2010 proposal to vend Lepreau to Hydro-Quebec, and was extremely controversial.

2003 reorganization edit

The Lord government shuffled the company's structure in early 2003 by introducing amendments to the Electricity Act.[34] The Act reorganized NB Power into a holding company with four divisions: NB Power Distribution and Customer Service, NB Power Generation, NB Power Nuclear, and NB Power Transmission. The Act maintained the company's distribution, transmission, and nuclear power monopolies, but opened the door to competition in the generation business.[35] The reorganization also created the New Brunswick Electric Finance Corporation, which was responsible for issuing, managing and paying NB Power's debt through payments dividends, fees and taxes paid by the various subsidiaries,[36] and the New Brunswick System Operator, an independent market operator that administered relationships between power generators and users.

2013 Reorganization edit

The NB Power Group of Companies, the Electric Finance Corporation, and the New Brunswick System Operator merged on October 1, 2013, re-establishing NB Power as a single, vertically integrated Crown corporation.[5]: 4 

Personnel edit

In October 2008, NB Power Holding Corporation was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in Maclean's newsmagazine.[37] In 2009, NB Power became the first electric utility to be recognized by the National Quality Institute by being awarded a Healthy Workplace Award.

David D. Hay resigned as President in 2010, claiming he had never been consulted on the proposed sale of NB Power, the valuations or the strategies involved.[citation needed] He was replaced by Gaëtan Thomas, the former Vice President of NB Power's Nuclear Division, who remained the President and CEO of NB Power till May, 2020. Keith Cronkhite was appointed NB Power President and Chief Executive Officer CEO on April 1, 2020.[38]

Lori Clark was appointed President and Chief Executive Officer (Acting) on July 4, 2022.

Operations edit

Power generation edit

NB Power operates 13 generating stations with a total installed capacity of 3,513 MW as of 2013.[39][40] The generation fleet uses a variety of energy sources: heavy fuel oil (972 MW), water (889 MW), uranium (660 MW), diesel (525 MW), and coal (467 MW).[40][41] As of 2020, NB Power's grid includes 355 MW of wind energy.[42]

The generation facilities are spread across the province. However, the Saint John, New Brunswick area accounts for nearly half of the total NB Power-owned generation capacity, with the Coleson Cove (972 MW), the Point Lepreau Nuclear Generating Station (660 MW), and Bayside Generating Station (277 MW).[41] Saint John is home to energy-intensive industries such as the Irving Oil Refinery, JD Irving pulp and paper mills, and the Canaport liquefied natural gas terminal.

Thermal Generation edit

NB Power operates two thermal and three combustion turbine facilities with a combined generating capacity of 1,964 MW.[43][41]

Nuclear Generation edit

NB Power operates the Point Lepreau Nuclear Generating Station which is the only active nuclear generating station in Canada outside of Ontario. It has a generation capacity of 660 MW.[44][41]

Hydroelectric Generation edit

 
The Mactaquac dam and generating station on the Saint John River, upstream from Fredericton.

NB Power operates seven hydroelectric dams in the province with a combined generating capacity of 889 MW.[40][41] The main hydroelectric facilities are located on the Saint John River.[41]

The province's largest, the Mactaquac generating station (668 MW), stands some 20 miles (32 km) upstream of the capital city, Fredericton. It was built between 1965 and 1968 at a cost of C$128 million.[12] The plant has been a concern for some time due to a phenomenon called alkali-aggregate reaction, causing the dam to expand and crack. The problem has been known since the 1970s and could reduce the dam's life by half, according to a 2000 report by a panel of international engineering experts commissioned by the Crown corporation.[45]

Electric transmission edit

 
Transmission lines near the Point Lepreau Nuclear Generating Station, in southwestern New Brunswick.

NB Power's transmission grid includes over 6,849 kilometres (4,256 mi) of high voltage transmission lines ranging from 69 kV AC to 345 kV AC.[39][40] The company operates interconnections with Hydro-Québec, Nova Scotia Power, Maritime Electric in Prince Edward Island and the ISO New England network in the United States. The network is operated by the Transmission & System Operator division of NB Power.[40]

The main power grid forms an "O"-shaped loop with 345 kV lines. This power line runs through substations at Keswick, Saint-André, Eel River, Belledune, Bathurst, Salisbury, Valley Waters, Coleson Cove, Point Lepreau, and back to Keswick.[46] There is also a direct connection of a parallel 345 kV line between Coleson Cove and Keswick.

NB Power supplies electricity to Maritime Electric in Prince Edward Island through a sub-sea interconnection cable on the floor of the Northumberland Strait, and imports/exports from/to Nova Scotia via Canada's first electrical interconnection between two provinces. NB Power also has interconnections to Maine.

Because of the asynchronous nature of Hydro-Québec's electricity transmission system, interconnections between the two neighboring provinces require HVDC converters. The first one, the Eel River Converter Station, was installed in 1972 and has a 350 MW transfer capacity.[13] It is the first operative HVDC system equipped with thyristors[47] The second converter, the Madawaska substation (435 MW), was built on the Quebec side of the border in 1985 and is operated by Hydro-Québec TransÉnergie.[48] The two systems are linked by two 230-kV lines between Matapédia and Eel River, and by two 315-kV lines between the Madawaska and Edmundston substations. Some of NB Power loads in these areas can be islanded and supplied as part of the Quebec grid, which increases New Brunswick's import capability to 1,080 MW, whereas export capability to Quebec is limited to 785 MW.[49]

Coal mining edit

Beginning in 1986, NB Power operated a coal mine in Minto through its NB Coal subsidiary.[48] The company extracted approximately 150,000 tons of coal per year to fuel the Grand Lake Generating Station, a 57 MW power plant built in 1963. On September 30, 2009, the company announced the planned closure of the mine and the decommissioning of the Grand Lake Generating Station. The company management explained the decision by stressing the high cost of complying with stricter SO
2
emission regulations.[50] The decommissioning and demolition of the Grand Lake Generating Station were completed in 2012.[39]: 15 

Financial results edit

Financial Data 2017-1998 (year ending on 31 March)
millions of Canadian dollars[51][52][53][54][55][56]
2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue 1,696 1,791 1,791 1,797 1,605 1,646 1,616 1,635 1,453 1,712 1,512 1,585 1,403 1,311 1,273 1,319 1,309 1,248 1,204 1,140
Net earnings (Net losses) 27 12 100 55 65 173 67 (117) 70 89 21 96 9 (18) (77) 20 (78) 17 (423) (21)
Dividends declared 11 16 9 13 13 11 10 12 5 0 0 0 0 0 0 0
Total assets 5,959 5,895 6,128 6,863 6,689 6,006 5,632 5,379 5,190 4,686 4,151 3,969 3,874 3,729 3,387 3,236 3,298 3,464 3,666 4,197
Long term debt 4,007 4,124 4,025 4,597 4,692 3,469 3,417 3,481 3,051 2,891 2,869 2,655 2,459 3,217 2,999 2,530 2,950 2,795 3,019 3,104

Investment concern edit

In 2019, the utility was criticized for having invested $13 million in Joi Scientific, a Florida-based company that promised to deliver hydrogen-based power from seawater with 200% efficiency.[57] According to critics, their promised efficiency violated the First Law of Thermodynamics.[58] During a call with investors during the summer of 2019, Joi Scientific announced that their technology was perhaps only ~10% as efficient as previously described, meaning that their process consumes energy rather than producing it.[59] The company also announced that they were running low on funding.[57] Joi Scientific's technology has been described by a former employee as being based on the work of discredited inventor Stanley Meyer.[57]

See also edit

References edit

  1. ^ a b c d "Annual Report 2021/22" (PDF). Retrieved August 8, 2022.
  2. ^ NB Power 2010, p. 48
  3. ^ Annual Report 2018-2019 (PDF) (Report). NB Power. 2020. Retrieved June 2, 2020.
  4. ^ Electricity Act, S.N.B. 2013, c. 7
  5. ^ a b Year-To-Date Results For Period Ended December 2013 (PDF) (Report). Énergie NB Power. 2014. Retrieved July 28, 2014.
  6. ^ "Energy". City of Edmundston. 2014. Retrieved July 28, 2014.
  7. ^ "PERTH-ANDOVER ELECTRIC LIGHT COMMISSION". Village of Perth-Andover. 2014. Retrieved July 28, 2014.
  8. ^ NB Power (1990). "In the beginning - electricity comes to New Brunswick" (PDF). Retrieved January 6, 2010.
  9. ^ a b c NB Power (1990). "The nineteen twenties - the early years" (PDF). Retrieved January 6, 2010.
  10. ^ NB Power (1990). "The nineteen thirties - from hydro to coal" (PDF). Retrieved January 6, 2010.
  11. ^ a b NB Power (1990). "The nineteen fifties - the hydro years" (PDF). Retrieved January 6, 2010.
  12. ^ a b c d NB Power (1990). "The nineteen sixties - over a billion kilowatts generated" (PDF). Retrieved May 28, 2018.
  13. ^ a b c NB Power (1990). "The nineteen seventies - the energy crisis" (PDF). Retrieved January 6, 2010.
  14. ^ a b c Babin, Ronald (1984). L'option nucléaire (in French). Montréal: Boréal Express. pp. 66–70. ISBN 2-89052-089-7.
  15. ^ Starr, Richard (1987). Richard Hatfield, the Seventeen-Year Saga. Halifax: Formac Publishing. p. 98. ISBN 0-88780-057-2.
  16. ^ (PDF). 2009. Archived from the original (PDF) on November 16, 2009. Retrieved October 31, 2009.
  17. ^ Casey, Quentin (October 30, 2009). "How accord was reached". Telegraph-Journal. Retrieved December 6, 2009.
  18. ^ "Quebec, N.B. strike $4.8B deal for NB Power". Canadian Broadcasting Corporation. October 29, 2009. Retrieved October 29, 2009.
  19. ^ Penty, Rebecca (October 31, 2009). . Telegraph-Journal. Saint John, N.B. p. C1. Archived from the original on July 8, 2011. Retrieved November 13, 2009.
  20. ^ Weston, Greg (November 10, 2009). . Times & Transcript. Moncton. p. A3. Archived from the original on July 24, 2011. Retrieved November 13, 2009.
  21. ^ Canadian Broadcasting Corporation (October 29, 2009). "Williams lashes out at Quebec-N.B. power deal". CBC News. Retrieved November 13, 2009.
  22. ^ Canadian Broadcasting Corporation (November 13, 2009). "NB Power union slams Hydro-Quebec deal". CBC News. Retrieved November 13, 2009.
  23. ^ Baril, Hélène (November 12, 2009). . La Presse (in French). Montreal. Archived from the original on November 13, 2009. Retrieved November 13, 2009.
  24. ^ Shipley, David (November 3, 2009). . Times & Transcript. Moncton. Archived from the original on July 24, 2011. Retrieved November 3, 2009.
  25. ^ Pollack, John (November 18, 2009). "Hundreds of demonstrators protest NB Power sale agreement at Legislature". Telegraph-Journal. Saint John, N.B. p. A3. Retrieved November 18, 2009.
  26. ^ Léger Marketing (November 22, 2009). (PDF) (in French). Montreal. Archived from the original (PDF) on June 17, 2011. Retrieved December 6, 2009.
  27. ^ Morris, Chris (January 19, 2010). "Power deal reworked". Telegraph-Journal. Saint John, N.B. pp. A1. Retrieved January 19, 2010.
  28. ^ CBC News (March 24, 2010). "Quebec balked at NB Power sale costs". Canadian Broadcasting Corporation. Retrieved August 20, 2010.
  29. ^ Cousineau, Sophie (March 25, 2010). . La Presse (in French). Montréal. Archived from the original on March 27, 2010. Retrieved March 25, 2010.
  30. ^ Corbeil, Michel (March 25, 2010). "Entente avortée entre Hydro-Québec et Énergie NB: un mauvais calcul politique". Le Soleil (in French). Quebec City. Retrieved March 25, 2010.
  31. ^ New Brunswick (February 1998). Electricity in New Brunswick Beyond 2000 (doc). Fredericton: Department of Natural Resources and Energy. p. 21. Retrieved November 17, 2009.
  32. ^ Morris, Chris (November 17, 2009). "Sale recommended". Telegraph-Journal. Saint John, N.B. p. A1. Retrieved November 17, 2009.
  33. ^ Morris, Chris (November 13, 2009). "Code name: Cartwheel". Telegraph-Journal. Saint John, N.B. p. A1. Retrieved November 17, 2009.
  34. ^ New Brunswick (2003). "Electricity, R.S.N.B. 2003, c. E-4.6" (PDF). New Brunswick Department of Justice. p. 98. Retrieved January 6, 2010.
  35. ^ Department of Natural Resources and Energy (January 31, 2003). "Introduction of new Electricity Act". Communications New Brunswick. Retrieved October 31, 2009.
  36. ^ Radio-Canada (January 31, 2003). "Production d'électricité : le Nouveau-Brunswick pave le chemin vers la déréglementation" (in French). Radio-Canada Nouvelles. Retrieved October 31, 2009.
  37. ^ "Reasons for Selection, 2009 Canada's Top 100 Employers Competition".
  38. ^ "Our Management Team". NB Power. Retrieved July 29, 2014.
  39. ^ a b c Annual Report 2012-2013 (PDF) (Report). NB Power. 2013. Retrieved July 29, 2014.
  40. ^ a b c d e "Divisions". NB Power. Retrieved July 29, 2014.
  41. ^ a b c d e f . Archived from the original on December 22, 2008. Retrieved January 8, 2015.
  42. ^ "Wind Energy". NB Power.
  43. ^ "NB Power - Divisions - Generation". Retrieved January 8, 2015.
  44. ^ "NB Power - Divisions - Nuclear". Retrieved January 8, 2015.
  45. ^ "Report says Mactaquac Power Station in trouble". CBC News. Canadian Broadcasting Corporation. December 11, 2000. Retrieved July 28, 2014.
  46. ^ New Brunswick System Operator. "About the NBSO". Retrieved November 7, 2009.
  47. ^ Dorf, Richard C. (1997). The electrical engineering handbook (illustrated). The electrical engineering handbook series (2 ed.). Boca Raton, FL: CRC Press. p. 1343. ISBN 978-0-8493-8574-2.
  48. ^ a b NB Power (1990). "The nineteen eighties - the nuclear age" (PDF). Retrieved January 6, 2010.
  49. ^ Hydro-Québec TransÉnergie (May 2008). "HQT-NB-HQT" (PDF). Retrieved November 7, 2009.
  50. ^ Llewellyn, Stephen (September 30, 2009). "End of line for station, coal mine". Daily Gleaner. Fredericton. Retrieved November 2, 2009.
  51. ^ The Power of New Brunswick (PDF) (Report). NB Power. 2008. Retrieved August 2, 2014.
  52. ^ NB Power 2010, pp. 47–49
  53. ^ NB Power (2006). Annual Report 2005-2006 (PDF). Fredericton. p. 68. Retrieved October 31, 2009.{{cite book}}: CS1 maint: location missing publisher (link)
  54. ^ NB Power (2004). Annual Report 2003-2004 (PDF). Fredericton. p. 60. Retrieved October 31, 2009.{{cite book}}: CS1 maint: location missing publisher (link)
  55. ^ NB Power (2002). Annual Report 2001-2002 (PDF). Fredericton. p. 62. Retrieved October 31, 2009.{{cite book}}: CS1 maint: location missing publisher (link)
  56. ^ NB Power (2000). Annual Report 1999-2000 (PDF). Fredericton. p. 32. Retrieved October 31, 2009.{{cite book}}: CS1 maint: location missing publisher (link)
  57. ^ a b c Joi Scientific technology NB Power poured millions into doesn't work
  58. ^ Science behind NB Power's hydrogen venture too good to be true, critic says
  59. ^ Joi Scientific’s Perpetual Hydrogen Illusion Comes Tumbling Down

Further reading edit

  • NB Power (2010). Sustainability report 2009-2010 (PDF). Fredericton: NB Power. Retrieved July 1, 2011.

External links edit

  • NB Power Website
  • Saint John Energy

power, brunswick, electric, power, corporation, french, société, énergie, nouveau, brunswick, operating, french, Énergie, primary, electric, utility, canadian, province, brunswick, vertically, integrated, crown, corporation, wholly, owned, government, brunswic. New Brunswick Electric Power Corporation 4 French Societe d energie du Nouveau Brunswick operating as NB Power French Energie NB is the primary electric utility in the Canadian province of New Brunswick NB Power is a vertically integrated Crown Corporation wholly owned by the Government of New Brunswick and is responsible for the generation transmission and distribution of electricity 5 3 NB Power serves all the residential and industrial power consumers in New Brunswick with the exception of those in Saint John Edmundston and Perth Andover who are served by Saint John Energy Energy Edmundston 6 and the Perth Andover Electric Light Commission 7 respectively New Brunswick Power CorporationTrade nameNB Power Energie NBNative nameSociete d energie du Nouveau BrunswickFormerlyNew Brunswick Electric Power CommissionTypeCrown agencyIndustryElectricity generation transmission and distributionFoundedApril 29 1920 1920 04 29 HeadquartersFredericton New Brunswick CanadaArea servedNew BrunswickKey peopleLori Clark President and CEO ServicesElectricityRevenueC 2 198 million 2022 1 Operating income C 283 million 2022 1 Net income C 80 million 2022 1 Total assetsC 7 935 million 2022 1 Total equityC 174 million 2010 2 Number of employees2 500 2020 3 8 Websitewww wbr nbpower wbr com Contents 1 History 1 1 Interwar period 1 2 Post war era 1 3 Point Lepreau 1 4 Proposed sale to Hydro Quebec 2 Corporate structure 2 1 Valuation 2 2 2003 reorganization 2 3 2013 Reorganization 3 Personnel 4 Operations 4 1 Power generation 4 1 1 Thermal Generation 4 1 2 Nuclear Generation 4 1 3 Hydroelectric Generation 4 2 Electric transmission 4 3 Coal mining 5 Financial results 6 Investment concern 7 See also 8 References 9 Further reading 10 External linksHistory editThe development of the electricity industry in New Brunswick started the 1880s with the establishment of small private power plants in Saint John Fredericton and Moncton Over the next 30 years other cities successively electrified so much so that in 1918 more than 20 companies were active in the electricity business which left the province with wildly differing levels of services and prices In Saint John for instance the rates fluctuated between 7 5 and 15 cents per kilowatt hour depending on the location and the monthly consumption 8 Interwar period edit Recognizing the important role that electricity was about to play in economic development Premier Walter E Foster proposed the creation of a provincially owned electric company The Legislative Assembly passed a bill to that effect The New Brunswick Electric Power Commission NBEPC was created on April 24 1920 under the ministry of Peter Veniot Public Works Immediately the commission headed by its first president C W Robinson launched the construction of a C 2 million hydroelectric dam at Musquash west of Saint John To supply the cities of Saint John Moncton and Sussex a 88 miles 142 km long high voltage power line was also built 9 The new earth dam was completed on time in 1922 But it could not withstand the 1923 spring flood and collapsed 9 an accident which shattered a bit of confidence in the new commission The building of a larger facility in Grand Falls on the Upper Saint John River was undertaken in 1926 by a subsidiary of International Paper Company and completed in 1930 9 Electricity demand increased during that decade and more generation facilities were required to supply the province The commission decided to take advantage of coal resources in the Minto area and built a plant near the mines The Grand Lake Generating Station was commissioned in 1931 and then expanded five years later 10 Post war era edit nbsp The floodgates of the Grand Falls generating station during the annual freshet of the Saint John River Demand for electricity exploded during World War II and led to rationing in the late 1940s 11 Meanwhile the commission embarked on the construction of two major dams on the Saint John River the Tobique and Beechwood generating stations which were respectively commissioned in 1953 and 1955 See below regarding First Nations relations The New Brunswick Electric Power Commission bought the Grand Falls Generating Station in 1959 11 and began work on the province s largest hydroelectric facility the Mactaquac dam whose first three units were put on stream in 1968 12 However the new hydroelectric developments proved insufficient to bridge the imbalance between supply and demand which grew by 12 per annum between 1960 and 1975 To cope with this demand growth the commission began construction of the oil fired Courtenay Bay Generating Station near the Saint John shipyard in 1959 it was also adjacent to the Irving Oil Refinery which entered service in the late 1950s and which the Courtenay Bay Generating Station made use of a pipeline running from the Canaport offshore loading facility at Red Head to the refinery The first 50 MW turbine was put in service at Courtenay Bay Generating Station the next year in December 1960 while two more units were added in 1965 and 1966 50 MW and 100 MW respectively 12 To better serve northern New Brunswick another oil fired plant the Dalhousie Generating Station was constructed in Darlington with an initial capacity of 100 MW It was commissioned in 1969 12 In the early 1970s the NBEPC signed a series of supply contracts with New England distributors justifying the construction of its largest power plant in 1972 With three 335 MW units the oil fired Coleson Cove Generating Station was completed in January 1977 However the 1973 oil shock made the operation of thermal plants more expensive since oil prices rose from US 3 to US 37 per barrel between 1973 and 1982 The company which was renamed NB Power Energie NB during that time needed to explore other generating options 13 Point Lepreau edit Main article Point Lepreau Nuclear Generating Station The construction of a nuclear plant in New Brunswick had been discussed since the late 1950s For over 15 years engineers from the NBEPC visited the Chalk River Laboratories to keep abreast of the latest trends in the field 13 Formal talks between the provincial and federal governments began in 1972 and discussions between representatives of Premier Richard Hatfield and Atomic Energy of Canada accelerated the following year In the aftermath of the oil crisis the province wanted to secure a source of electricity whose prices would be less volatile than oil However project financing was still an issue 14 The federal government then announced a loan program to help provinces such as New Brunswick in January 1974 Ottawa s pledge to cover half of the cost of a first nuclear plant removed the last obstacle to construction of the Point Lepreau Nuclear Generating Station On February 5 1974 Hatfield announced his decision to build the plant 20 miles 32 km west of Saint John and even raised the possibility of constructing a second one in the future On May 2 1975 the Canadian Atomic Energy Commission authorized the construction of two 640 MW units within a site that can accommodate a maximum of four reactors 14 Labour unrest design problems and skyrocketing construction costs significantly increased the plant s price tag The total price of the first operational CANDU 6 in the world was estimated at 466 million dollars in 1974 15 Inflation between 1978 and 1982 was 46 this increased the costs for all infrastructure projects in Canada Projects like Darlington Nuclear Generating Station and Point Lepreau had priced their estimates before the inflation When it became operational 8 years later on February 1 1983 the cost had soared to C 1 4 billion 14 Proposed sale to Hydro Quebec edit Main article Proposed sale of NB Power On October 29 2009 the premiers of New Brunswick and Quebec signed a memorandum of understanding to sell most of NB Power s assets to Hydro Quebec 16 This agreement was reached after nine months of negotiations undertaken at the request of New Brunswick 17 and would have transferred most generation transmission and distribution assets of the New Brunswick utility to a subsidiary of the Quebec based Crown corporation including the Point Lepreau Nuclear Generating Station and 7 hydroelectric plants but would have excluded fossil fuel fired plants in Dalhousie Belledune and Coleson Cove 18 The memorandum of understanding fostered a spirited public debate in New Brunswick and Atlantic Canada Despite positive feedback from the province s business leaders 19 20 many reactions to the MOU were hostile Opposition parties Newfoundland and Labrador premier Danny Williams 21 the union representing most NB Power employees 22 and wind energy supporters 23 quickly condemned the agreement as detrimental to the interests of New Brunswick Opponents in the general public used social media to show their displeasure and contest the various arguments for the deal On Facebook 14 000 people joined a group in opposition to the sale within five days of the announcement 24 A demonstration organized by the group and trade unions drew approximately 600 people outside the Legislative Assembly building on November 17 2009 25 A Leger Marketing opinion poll conducted on behalf of Quebecor Media newspapers in New Brunswick and Quebec in November 2009 showed that 60 of New Brunswickers polled opposed the proposed sale while 22 supported it 26 After months of controversy New Brunswick and Quebec representatives signed a second agreement in January 2010 reducing the scope of the sale Under the revised agreement the sale would have transferred NB Power s hydroelectric and nuclear power plants to Hydro Quebec for C 3 4 billion The government of New Brunswick would have retained the transmission and distribution divisions of NB Power and the Crown corporation would have entered into a long term power purchase agreement PPA with Hydro Quebec The PPA would have allowed NB Power to deliver the rate freeze for residential and general customers However the industrial rates rollback would have been smaller than under the original MOU 27 On March 24 2010 Premier Graham announced the failure of the second agreement due to Hydro Quebec s concern over unanticipated risks and costs associated with matters including dam security and water levels 28 This interpretation was contested by analysts who blamed the collapse of the deal on the political situation in New Brunswick 29 30 Corporate structure edit nbsp A NB Power lineman working on a transmission tower in Saint John The future of NB Power has been a concern of successive New Brunswick governments for the past 15 years when The Liberal government of Raymond Frenette published a consultation document in February 1998 to find solutions to ensure the sustainability of NB Power in the twenty first century 31 Valuation edit Shortly after taking office in 1999 the Conservative government of Bernard Lord commissioned TD Securities to conduct an assessment of the company s viability The study whose findings were published in 2009 suggested four scenarios the status quo a sale to a strategic buyer privatization through a share offering or splitting the utility into separate elements The report valued the company at between C3 6 and C4 5 billion 32 This number however was very strongly contested by those familiar with the value of telecommunications rights of way and smart grid based services energy related and otherwise who considered the distribution network to have very much more value These arguments were to be repeated often in the 2009 2010 NB Power controversy citation needed Between 2001 and 2004 the Lord government spent C 3 2 million to retain the services of CIBC World Markets and Salomon Smith Barney in order to evaluate the resale value of the Point Lepreau and Coleson Cove power plants The studies codenamed Cartwheel and Lighthouse have assessed the value of these assets to roughly C 4 1 billion 33 A similar valuation was used in the failed 2010 proposal to vend Lepreau to Hydro Quebec and was extremely controversial 2003 reorganization edit The Lord government shuffled the company s structure in early 2003 by introducing amendments to the Electricity Act 34 The Act reorganized NB Power into a holding company with four divisions NB Power Distribution and Customer Service NB Power Generation NB Power Nuclear and NB Power Transmission The Act maintained the company s distribution transmission and nuclear power monopolies but opened the door to competition in the generation business 35 The reorganization also created the New Brunswick Electric Finance Corporation which was responsible for issuing managing and paying NB Power s debt through payments dividends fees and taxes paid by the various subsidiaries 36 and the New Brunswick System Operator an independent market operator that administered relationships between power generators and users 2013 Reorganization edit The NB Power Group of Companies the Electric Finance Corporation and the New Brunswick System Operator merged on October 1 2013 re establishing NB Power as a single vertically integrated Crown corporation 5 4 Personnel editIn October 2008 NB Power Holding Corporation was named one of Canada s Top 100 Employers by Mediacorp Canada Inc and was featured in Maclean s newsmagazine 37 In 2009 NB Power became the first electric utility to be recognized by the National Quality Institute by being awarded a Healthy Workplace Award David D Hay resigned as President in 2010 claiming he had never been consulted on the proposed sale of NB Power the valuations or the strategies involved citation needed He was replaced by Gaetan Thomas the former Vice President of NB Power s Nuclear Division who remained the President and CEO of NB Power till May 2020 Keith Cronkhite was appointed NB Power President and Chief Executive Officer CEO on April 1 2020 38 Lori Clark was appointed President and Chief Executive Officer Acting on July 4 2022 Operations editPower generation edit Further information List of power stations in New Brunswick NB Power operates 13 generating stations with a total installed capacity of 3 513 MW as of 2013 39 40 The generation fleet uses a variety of energy sources heavy fuel oil 972 MW water 889 MW uranium 660 MW diesel 525 MW and coal 467 MW 40 41 As of 2020 NB Power s grid includes 355 MW of wind energy 42 The generation facilities are spread across the province However the Saint John New Brunswick area accounts for nearly half of the total NB Power owned generation capacity with the Coleson Cove 972 MW the Point Lepreau Nuclear Generating Station 660 MW and Bayside Generating Station 277 MW 41 Saint John is home to energy intensive industries such as the Irving Oil Refinery JD Irving pulp and paper mills and the Canaport liquefied natural gas terminal Thermal Generation edit NB Power operates two thermal and three combustion turbine facilities with a combined generating capacity of 1 964 MW 43 41 Nuclear Generation edit Main article Point Lepreau Nuclear Generating Station NB Power operates the Point Lepreau Nuclear Generating Station which is the only active nuclear generating station in Canada outside of Ontario It has a generation capacity of 660 MW 44 41 Hydroelectric Generation edit nbsp The Mactaquac dam and generating station on the Saint John River upstream from Fredericton NB Power operates seven hydroelectric dams in the province with a combined generating capacity of 889 MW 40 41 The main hydroelectric facilities are located on the Saint John River 41 The province s largest the Mactaquac generating station 668 MW stands some 20 miles 32 km upstream of the capital city Fredericton It was built between 1965 and 1968 at a cost of C 128 million 12 The plant has been a concern for some time due to a phenomenon called alkali aggregate reaction causing the dam to expand and crack The problem has been known since the 1970s and could reduce the dam s life by half according to a 2000 report by a panel of international engineering experts commissioned by the Crown corporation 45 Electric transmission edit nbsp Transmission lines near the Point Lepreau Nuclear Generating Station in southwestern New Brunswick NB Power s transmission grid includes over 6 849 kilometres 4 256 mi of high voltage transmission lines ranging from 69 kV AC to 345 kV AC 39 40 The company operates interconnections with Hydro Quebec Nova Scotia Power Maritime Electric in Prince Edward Island and the ISO New England network in the United States The network is operated by the Transmission amp System Operator division of NB Power 40 The main power grid forms an O shaped loop with 345 kV lines This power line runs through substations at Keswick Saint Andre Eel River Belledune Bathurst Salisbury Valley Waters Coleson Cove Point Lepreau and back to Keswick 46 There is also a direct connection of a parallel 345 kV line between Coleson Cove and Keswick NB Power supplies electricity to Maritime Electric in Prince Edward Island through a sub sea interconnection cable on the floor of the Northumberland Strait and imports exports from to Nova Scotia via Canada s first electrical interconnection between two provinces NB Power also has interconnections to Maine Because of the asynchronous nature of Hydro Quebec s electricity transmission system interconnections between the two neighboring provinces require HVDC converters The first one the Eel River Converter Station was installed in 1972 and has a 350 MW transfer capacity 13 It is the first operative HVDC system equipped with thyristors 47 The second converter the Madawaska substation 435 MW was built on the Quebec side of the border in 1985 and is operated by Hydro Quebec TransEnergie 48 The two systems are linked by two 230 kV lines between Matapedia and Eel River and by two 315 kV lines between the Madawaska and Edmundston substations Some of NB Power loads in these areas can be islanded and supplied as part of the Quebec grid which increases New Brunswick s import capability to 1 080 MW whereas export capability to Quebec is limited to 785 MW 49 Coal mining edit Beginning in 1986 NB Power operated a coal mine in Minto through its NB Coal subsidiary 48 The company extracted approximately 150 000 tons of coal per year to fuel the Grand Lake Generating Station a 57 MW power plant built in 1963 On September 30 2009 the company announced the planned closure of the mine and the decommissioning of the Grand Lake Generating Station The company management explained the decision by stressing the high cost of complying with stricter SO2 emission regulations 50 The decommissioning and demolition of the Grand Lake Generating Station were completed in 2012 39 15 Financial results editFinancial Data 2017 1998 year ending on 31 March millions of Canadian dollars 51 52 53 54 55 56 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998Revenue 1 696 1 791 1 791 1 797 1 605 1 646 1 616 1 635 1 453 1 712 1 512 1 585 1 403 1 311 1 273 1 319 1 309 1 248 1 204 1 140Net earnings Net losses 27 12 100 55 65 173 67 117 70 89 21 96 9 18 77 20 78 17 423 21 Dividends declared 11 16 9 13 13 11 10 12 5 0 0 0 0 0 0 0Total assets 5 959 5 895 6 128 6 863 6 689 6 006 5 632 5 379 5 190 4 686 4 151 3 969 3 874 3 729 3 387 3 236 3 298 3 464 3 666 4 197Long term debt 4 007 4 124 4 025 4 597 4 692 3 469 3 417 3 481 3 051 2 891 2 869 2 655 2 459 3 217 2 999 2 530 2 950 2 795 3 019 3 104Investment concern editIn 2019 the utility was criticized for having invested 13 million in Joi Scientific a Florida based company that promised to deliver hydrogen based power from seawater with 200 efficiency 57 According to critics their promised efficiency violated the First Law of Thermodynamics 58 During a call with investors during the summer of 2019 Joi Scientific announced that their technology was perhaps only 10 as efficient as previously described meaning that their process consumes energy rather than producing it 59 The company also announced that they were running low on funding 57 Joi Scientific s technology has been described by a former employee as being based on the work of discredited inventor Stanley Meyer 57 See also editList of power stations in New Brunswick Proposed sale of NB PowerReferences edit a b c d Annual Report 2021 22 PDF Retrieved August 8 2022 NB Power 2010 p 48 Annual Report 2018 2019 PDF Report NB Power 2020 Retrieved June 2 2020 Electricity Act S N B 2013 c 7 a b Year To Date Results For Period Ended December 2013 PDF Report Energie NB Power 2014 Retrieved July 28 2014 Energy City of Edmundston 2014 Retrieved July 28 2014 PERTH ANDOVER ELECTRIC LIGHT COMMISSION Village of Perth Andover 2014 Retrieved July 28 2014 NB Power 1990 In the beginning electricity comes to New Brunswick PDF Retrieved January 6 2010 a b c NB Power 1990 The nineteen twenties the early years PDF Retrieved January 6 2010 NB Power 1990 The nineteen thirties from hydro to coal PDF Retrieved January 6 2010 a b NB Power 1990 The nineteen fifties the hydro years PDF Retrieved January 6 2010 a b c d NB Power 1990 The nineteen sixties over a billion kilowatts generated PDF Retrieved May 28 2018 a b c NB Power 1990 The nineteen seventies the energy crisis PDF Retrieved January 6 2010 a b c Babin Ronald 1984 L option nucleaire in French Montreal Boreal Express pp 66 70 ISBN 2 89052 089 7 Starr Richard 1987 Richard Hatfield the Seventeen Year Saga Halifax Formac Publishing p 98 ISBN 0 88780 057 2 MOU between Quebec and New Brunswick PDF 2009 Archived from the original PDF on November 16 2009 Retrieved October 31 2009 Casey Quentin October 30 2009 How accord was reached Telegraph Journal Retrieved December 6 2009 Quebec N B strike 4 8B deal for NB Power Canadian Broadcasting Corporation October 29 2009 Retrieved October 29 2009 Penty Rebecca October 31 2009 Unequivocal support Telegraph Journal Saint John N B p C1 Archived from the original on July 8 2011 Retrieved November 13 2009 Weston Greg November 10 2009 NB Power deal boosts industry Keir Times amp Transcript Moncton p A3 Archived from the original on July 24 2011 Retrieved November 13 2009 Canadian Broadcasting Corporation October 29 2009 Williams lashes out at Quebec N B power deal CBC News Retrieved November 13 2009 Canadian Broadcasting Corporation November 13 2009 NB Power union slams Hydro Quebec deal CBC News Retrieved November 13 2009 Baril Helene November 12 2009 Vente d Energie NB a Hydro l opposition s accroit La Presse in French Montreal Archived from the original on November 13 2009 Retrieved November 13 2009 Shipley David November 3 2009 Anti NB Power Sale Facebook Group Grows to over 14 000 members Times amp Transcript Moncton Archived from the original on July 24 2011 Retrieved November 3 2009 Pollack John November 18 2009 Hundreds of demonstrators protest NB Power sale agreement at Legislature Telegraph Journal Saint John N B p A3 Retrieved November 18 2009 Leger Marketing November 22 2009 Rapport d etude reaction des Neo Brunswickois a la vente d Energie Nouveau Brunswick a Hydro Quebec PDF in French Montreal Archived from the original PDF on June 17 2011 Retrieved December 6 2009 Morris Chris January 19 2010 Power deal reworked Telegraph Journal Saint John N B pp A1 Retrieved January 19 2010 CBC News March 24 2010 Quebec balked at NB Power sale costs Canadian Broadcasting Corporation Retrieved August 20 2010 Cousineau Sophie March 25 2010 Une occasion manquee La Presse in French Montreal Archived from the original on March 27 2010 Retrieved March 25 2010 Corbeil Michel March 25 2010 Entente avortee entre Hydro Quebec et Energie NB un mauvais calcul politique Le Soleil in French Quebec City Retrieved March 25 2010 New Brunswick February 1998 Electricity in New Brunswick Beyond 2000 doc Fredericton Department of Natural Resources and Energy p 21 Retrieved November 17 2009 Morris Chris November 17 2009 Sale recommended Telegraph Journal Saint John N B p A1 Retrieved November 17 2009 Morris Chris November 13 2009 Code name Cartwheel Telegraph Journal Saint John N B p A1 Retrieved November 17 2009 New Brunswick 2003 Electricity R S N B 2003 c E 4 6 PDF New Brunswick Department of Justice p 98 Retrieved January 6 2010 Department of Natural Resources and Energy January 31 2003 Introduction of new Electricity Act Communications New Brunswick Retrieved October 31 2009 Radio Canada January 31 2003 Production d electricite le Nouveau Brunswick pave le chemin vers la dereglementation in French Radio Canada Nouvelles Retrieved October 31 2009 Reasons for Selection 2009 Canada s Top 100 Employers Competition Our Management Team NB Power Retrieved July 29 2014 a b c Annual Report 2012 2013 PDF Report NB Power 2013 Retrieved July 29 2014 a b c d e Divisions NB Power Retrieved July 29 2014 a b c d e f NB Power System Map Archived from the original on December 22 2008 Retrieved January 8 2015 Wind Energy NB Power NB Power Divisions Generation Retrieved January 8 2015 NB Power Divisions Nuclear Retrieved January 8 2015 Report says Mactaquac Power Station in trouble CBC News Canadian Broadcasting Corporation December 11 2000 Retrieved July 28 2014 New Brunswick System Operator About the NBSO Retrieved November 7 2009 Dorf Richard C 1997 The electrical engineering handbook illustrated The electrical engineering handbook series 2 ed Boca Raton FL CRC Press p 1343 ISBN 978 0 8493 8574 2 a b NB Power 1990 The nineteen eighties the nuclear age PDF Retrieved January 6 2010 Hydro Quebec TransEnergie May 2008 HQT NB HQT PDF Retrieved November 7 2009 Llewellyn Stephen September 30 2009 End of line for station coal mine Daily Gleaner Fredericton Retrieved November 2 2009 The Power of New Brunswick PDF Report NB Power 2008 Retrieved August 2 2014 NB Power 2010 pp 47 49 NB Power 2006 Annual Report 2005 2006 PDF Fredericton p 68 Retrieved October 31 2009 a href Template Cite book html title Template Cite book cite book a CS1 maint location missing publisher link NB Power 2004 Annual Report 2003 2004 PDF Fredericton p 60 Retrieved October 31 2009 a href Template Cite book html title Template Cite book cite book a CS1 maint location missing publisher link NB Power 2002 Annual Report 2001 2002 PDF Fredericton p 62 Retrieved October 31 2009 a href Template Cite book html title Template Cite book cite book a CS1 maint location missing publisher link NB Power 2000 Annual Report 1999 2000 PDF Fredericton p 32 Retrieved October 31 2009 a href Template Cite book html title Template Cite book cite book a CS1 maint location missing publisher link a b c Joi Scientific technology NB Power poured millions into doesn t work Science behind NB Power s hydrogen venture too good to be true critic says Joi Scientific s Perpetual Hydrogen Illusion Comes Tumbling DownFurther reading editNB Power 2010 Sustainability report 2009 2010 PDF Fredericton NB Power Retrieved July 1 2011 External links editNB Power Website Saint John Energy Retrieved from https en wikipedia org w index php title NB Power amp oldid 1188841973, wikipedia, wiki, book, books, library,

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