Monday, January 30, 2012

NALCOR SAYS ADAMS IS WRONG ON MUSKRAT

Ed Martin, President and CEO, Nalcor Energy, has responded  to Tom Adams open letter to the people of Newfoundland and Labrador regarding the proposed Muskrat Falls Development. 

Martin posted his response on the on the Nalcor Leadership Blog. He argues that  Adams displayed a " clear lack of understanding of the Lower Churchill Project, including the Muskrat Falls Development. "
and takes Adams up on his offer to apologize if his arguments were shown to be wrong. 

Martin corrects a number of statements and refutes Adams suggestions that Nalcor has overstated the usable output of Muskrat Falls, the amount of water spilled, costs associated generation and transmission, suggestions that that the crown corporation is not providing the PUB with all of the information they have requested and he is diligently in stating that Muskrat Falls is the least-cost supply option.

 

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