Proposed Sale Of NB Power
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Proposed Sale Of NB Power
The proposed sale of NB Power was an attempted takeover of New Brunswick's government-owned public utility assets by Hydro-Québec, Canada's largest utility. Announced on October 29, 2009 by premiers Shawn Graham of New Brunswick and Jean Charest of Quebec, the deal ultimately collapsed in March 2010 after months of controversy. Context For a decade, NB Power, the government-owned integrated public utility serving most areas of the Canadian province of New Brunswick, had been plagued by financial difficulties. Over the years, the company had built and operated a diversified generation mix, including oil and coal-fired thermal, nuclear, and hydroelectric plants. Faced with an aging generation fleet and fuel cost increases, the utility needed to find ways to meet increasing demand for electric power while keeping operation costs down. In the late 1990s, NB Power signed a supply contract with PDVSA for Orimulsion, a cheap bitumen-based fuel, for its Coleson Cove and Dalhousie faci ...
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NB Power
New Brunswick Power Corporation (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. 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, and the Perth-Andover Electric Light Commission, respectively. History 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 electricit ...
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Hydroelectricity
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other Renewable energy, renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of Low-carbon power, low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants.
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Telegraph-Journal
The ''Telegraph-Journal'' is a daily newspaper published in Saint John, New Brunswick, Canada. It serves as both a provincial daily and as a local newspaper for Saint John. The newspaper is published by Brunswick News. The ''Telegraph-Journal'' is the only New Brunswick-based newspaper to be distributed province-wide and has the highest readership in the province at a weekly circulation of 233,549 and a daily readership of about 100,000. Brunswick News also publishes a series of editions of regional news, including editions in Fredericton and Moncton under the titles ''Daily Gleaner'' and ''Times & Transcript'', respectively. Corporate management is based in Saint John. History The paper has been published out of Saint John since 1862. Capitalist Kenneth Colin (K.C.) Irving, without formal announcement bought New Brunswick Publishing and the ''Telegraph-Journal'', as well as a local Saint John radio station CHSJ in 1944. Eventually word got out that Irving had bought the paper ...
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Atomic Energy Of Canada Limited
Atomic Energy of Canada Limited (AECL) is a Canadian federal Crown corporation and Canada's largest nuclear science and technology laboratory. AECL developed the CANDU reactor technology starting in the 1950s, and in October 2011 licensed this technology to Candu Energy (a wholly owned subsidiary of SNC-Lavalin). Today AECL develops peaceful applications from nuclear technology through expertise in physics, metallurgy, chemistry, biology and engineering. AECL's activities range from research and development, design and engineering to specialized technology development, waste management and decommissioning. AECL partners with Canadian universities, other Canadian government and private-sector R&D agencies (including Candu Energy), various national laboratories outside Canada, and international agencies such as the IAEA. AECL describes its goal as ensuring that "Canadians and the world receive energy, health, environmental and economic benefits from nuclear science and techn ...
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Point Lepreau Nuclear Generating Station
Point Lepreau Nuclear Generating Station is a nuclear power station located 2 km northeast of Point Lepreau, New Brunswick, Canada. The facility was constructed between 1975 and 1983 by NB Power, the provincially owned public utility. The facility is located on the northern shore of the Bay of Fundy and derives its name from the nearby headland situated at the easternmost part of Charlotte County, although the generating station itself is located within Saint John County. The generating station is administratively part of the local service district of Musquash, west of the city of Saint John. The Point Lepreau Nuclear Generating Station is the only nuclear generating facility located in Atlantic Canada and the only operating Canadian nuclear power station located outside of Ontario. The facility consists of a single CANDU nuclear reactor, having a net capacity of 660 MW (705 MW gross). History Construction The construction of a nuclear powered electrical genera ...
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Progressive Conservative Party Of New Brunswick
The Progressive Conservative Party of New Brunswick is a centre-right, conservative political party in the Canadian province of New Brunswick. The party has its origins in the pre-Canadian confederation Conservative Party that opposed the granting of ''responsible government'' to the colony. It has historically followed the Red Tory tradition. The Progressive Conservative Party currently leads the provincial government since 2018 under Premier Blaine Higgs. History Initially, Conservative supporters tended to be United Empire Loyalists and supporters of the business community. In the 1860s, both the Conservative and Liberal parties split over the issue of Canadian confederation, and were replaced by the Confederation Party and the Anti-Confederation Party. By 1870, the pro-Confederation party became generally known as the Liberal-Conservatives or just "Conservatives", and were aligned with the national Conservative Party of Sir John A. Macdonald. The party was aligned with th ...
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Bernard Lord
Bernard Lord (born September 27, 1965) is a Canadian lawyer, business executive and former politician. He served as the 30th premier of New Brunswick from 1999 to 2006. Lord was appointed as board chair of Ontario Power Generation in 2014. Early life Lord was born in Roberval, Quebec, the youngest of four children of Marie-Émilie (Morin), a former teacher, and Ralph Frank Lord, a pilot. His father was anglophone and his mother was francophone, and he was raised in a bilingual household in Moncton, New Brunswick, where he spent the rest of his early life.Trichur, Rita (December 22, 2012). "A wireless speaker with a political calling", ''The Globe and Mail'', p. B3. After graduating from high school, he earned a bachelor's degree in social science with a major in economics, as well as a bachelor's degree in common law, from the Université de Moncton. While Lord attended the Université de Moncton, he had some electoral success being elected the president of the Université de Mon ...
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Petroleum Coke
Petroleum coke, abbreviated coke or petcoke, is a final carbon-rich solid material that derives from oil refining, and is one type of the group of fuels referred to as cokes. Petcoke is the coke that, in particular, derives from a final cracking process—a thermo-based chemical engineering process that splits long chain hydrocarbons of petroleum into shorter chains—that takes place in units termed coker units. (Other types of coke are derived from coal.) Stated succinctly, coke is the "carbonization product of high-boiling hydrocarbon fractions obtained in petroleum processing (heavy residues)". Petcoke is also produced in the production of synthetic crude oil (syncrude) from bitumen extracted from Canada’s oil sands and from Venezuela's Orinoco oil sands. In petroleum coker units, residual oils from other distillation processes used in petroleum refining are treated at a high temperature and pressure leaving the petcoke after driving off gases and volatiles, and separa ...
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Litigation
- A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil action brought by a plaintiff (a party who claims to have incurred loss as a result of a defendant's actions) requests a legal remedy or equitable remedy from a court. The defendant is required to respond to the plaintiff's complaint. If the plaintiff is successful, judgment is in the plaintiff's favor, and a variety of court orders may be issued to enforce a right, award damages, or impose a temporary or permanent injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes. A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the state to be treated as if it were a private party i ...
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the n ...
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Dalhousie Generating Station
__NOTOC__ The Dalhousie Generating Station was a 315 MW coal and oil-fired electrical generating station that operated from 1969-2012 in the community of Dalhousie in Restigouche County, New Brunswick. Construction of the plant, a thermal generating station owned and operated by provincial Crown corporation NB Power, began in 1967. The first phase was opened in 1969 when the Dalhousie #1 boiler went on line at 100 MW. It was designed to burn heavy fuel oil. The 1970s energy crisis saw many eastern Canadian power utilities change their focus from oil sourced in the Middle East to local energy sources. As such, construction began in 1975 on the second phase of the plant which opened in 1978 when the larger Dalhousie #2 boiler went on line; at 215 MW, it was designed to burn coal mined in Minto, NB and Sydney, NS. Orimulsion conversion The drop in oil prices by the mid-1980s and the age of Dalhousie #1 saw NB Power examine options. The Dalhousie plant was particularly at ...
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Coleson Cove Generating Station
The Coleson Cove Generating Station is a 978 MW fuel oil-fired power station located at 4077 King William Road in the community of Seaview on the extreme western boundary of the city of Saint John, New Brunswick. Overview A thermal generating station, Coleson Cove is situated on a cove of the same name, along the shore of the Bay of Fundy southwest of the mouth of the Saint John River at the city's central core. The generating station is owned and operated by ''New Brunswick Power Coleson Cove Corporation'' (''Colesonco''), a wholly owned subsidiary of New Brunswick Power Generation Corporation (Genco), which is itself a wholly owned subsidiary of provincial Crown corporation NB Power. Coleson Cove opened in 1976 and was designed to burn #6 fuel oil, also known colloquially as "bunker C". Fuel is delivered via the underground Lorneville Pipeline, which runs from Irving Oil's Canaport bulk oil tanker unloading station off Red Head, 4 km southeast of the city's central ...
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