All the talk about wind and the green future.

But you cannot replace oil with any form of wind, talk included.

#nlpoli
edhollett.substack.com/p/bay-du-nord-… h/t to @krobar44 who pointed to OC2006-026 that bans wind farm projects.

exec-oic.gov.nl.ca/public/oic/det…

That just makes matters worse for GNL.

2/

Nope.

1. GNL stopped *all* alternate generation sources, not just wind.

2. The reason was that MF was *not* the cheapest way to meet local need.

3. Rates are not based on MF use but on total use. Any drop in total use drives rates up for the rest.

1/

https://twitter.com/petercbc/status/1511439430158061573

4. Any project under this policy of 1 MW capacity or more will need a cabinet approval.

5. Rather than a massive shift to wind (which we don’t need domestically), this has very limited practical application.

6. Put this with the offshore announcement.

2/

Just because there's no magical solution to the Muskrat Falls problem doesn't mean there isn't a solution. There is just one that isn't simple. There are at least 3 problems, actually, but let's talk about the rates one for a bit. 1/ #nlpoli Dwight Ball is right: it is a debt problem. The question is how we pay for the debt. Until now the scheme was to pay through electricity rates over a long time, and with deferred payments of the principle to lower front end rates. Never a good plan. 2/ #nlpoli