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Home » Oakville » Ottawa is ready to spend greater than $1 billion on rising N.B.’s clear electrical energy grid
Oakville

Ottawa is ready to spend greater than $1 billion on rising N.B.’s clear electrical energy grid

December 8, 20242 Mins Read
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DIEPPE, N.B. — Federal Setting Minister Steven Guilbeault says Ottawa will spend greater than $1 billion on rising New Brunswick’s clear electrical energy grid. The federal minister advised a media occasion in Dieppe, N.B.

DIEPPE, N.B. — Federal Setting Minister Steven Guilbeault says Ottawa will spend greater than $1 billion on rising New Brunswick’s clear electrical energy grid.

The federal minister advised a media occasion in Dieppe, N.B., that Ottawa will assist as much as 670 megawatts of Indigenous-led wind tasks with nearly $1 billion in spending.

It can additionally spend $25 million on the 25-megawatt Neweg Vitality wind mission in Kings County by means of a partnership with New Brunswick Mi’kmaq First Nations.

The federal authorities will put one other $25 million towards NB Energy’s early improvement work to create as much as 600 megawatts in power capability on the current Level Lepreau Nuclear Era Station.

Guilbeault additionally mentioned Ottawa has dedicated to supporting the conversion of the Belledune Producing Station from coal-fired energy to biomass.

The minister mentioned Sunday that the funding marks a “very thrilling day” for the province.

“Our two governments are united by a standard purpose of constructing a clear grid in New Brunswick that may energy properties and companies with clear, dependable and reasonably priced electrical energy,” Guilbeault mentioned in a press release.

This report by The Canadian Press was first revealed Dec. 8, 2024.

The Canadian Press



billion clean electricity grid Growing N.B.s Oakville News Ottawa set spend
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