Oct 20, 2011, Fredericton, NB - A report on NB Power's future released by the provincial government emphasizes renewable power and wood pellets.
The plan calls for NB Power to increase its supply of renewable
energy to 40 per cent and for the utility to purchase renewable energy
produced by large industrial users in an effort to help drive its energy
prices down to the Canadian average.
It also aims to improve natural gas distribution costs and encourage the use of wood pellets, all while reducing energy costs to both consumers and industrial users over time. See the full government release here.