August 21, 2013
Manitoba Hydro says new dams are needed
Manitoba Hydro is looking for approval for its $20 billion project which includes building two new hydro generating stations.
The Crown corporation says without Keeyask and Conawapa generating stations, the province will run short of power by 2023.
The document the utility filed to the Public Utilities Board outlines a number of possible plans and its preferred plan - which includes the two new dams - has the largest capital costs and rate increases for the next few years.
The generating stations provide the biggest payoffs if the export market remains favourable.
If that changes, Hydro said it could mitigate the costs by building a natural gas plant instead of Conawapa, which isn’t scheduled to be in service until 2026.
News from © Canadian Press Enterprises Inc., 2013
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