The head of Nova Scotia’s power utility, Peter Gregg, has announced that the current estimate for a scaled-down version of the Atlantic Loop electrical grid project is about $700 million. This project involves the construction of a power line that would run parallel to an existing connection between Onslow, N.S., and Salisbury, N.B., carrying power from future renewable energy projects between Nova Scotia and New Brunswick. The project received environmental approval late last year, and detailed engineering studies are currently underway. Gregg mentioned that the total cost could potentially double to $1.4 billion if the power line extends west to Point Lepreau, N.B. This project is a crucial component of Nova Scotia’s plan to transition to renewable energy sources and close its coal plants, aiming to obtain 80% of its energy from renewable sources by 2030.
In the past, Nova Scotia opted out of the larger Atlantic Loop proposal, deeming it too costly. The project sought to transfer hydroelectricity from Quebec and Newfoundland and Labrador to the province. However, with the current scaled-down version, Gregg remains confident that it can be successfully completed on time, although he could not provide a specific date for when construction would begin. This project represents a significant step towards achieving Nova Scotia’s renewable energy goals and reducing its reliance on coal power.
The Atlantic Loop electrical grid project is a major initiative that aims to enhance energy transmission and distribution across the Atlantic region. By connecting provinces such as Nova Scotia and New Brunswick, this project will enable the efficient transportation of power generated from renewable energy sources, fostering sustainable energy practices and reducing carbon emissions. With the potential to double in cost if extended to Point Lepreau, N.B., the project’s total estimated cost of $1.4 billion underscores the scale and importance of this infrastructure development.
The approval of the project’s environmental assessment marks a significant milestone in its progress, paving the way for further detailed engineering studies and planning. As Nova Scotia works towards its target of sourcing 80% of its energy from renewable sources by 2030, the construction of the power line between Onslow and Salisbury is expected to play a pivotal role in facilitating the transition away from coal-fired power plants. With the promise of delivering cleaner and more sustainable energy to residents, the project holds great promise for the future of the region’s energy landscape.
Despite challenges and uncertainties surrounding the project, Nova Scotia Power CEO Peter Gregg remains optimistic about the feasibility and success of the scaled-down Atlantic Loop initiative. As discussions on financing and construction timelines continue, stakeholders are encouraged by the potential benefits that this project can bring to the province. By investing in renewable energy infrastructure and diversifying its energy sources, Nova Scotia is taking proactive steps towards a more sustainable and environmentally responsible energy future. With ongoing developments and progress, the Atlantic Loop project is poised to make a significant impact on the region’s energy transition efforts in the coming years.
