NB to develop long-term energy strategy

Oct. 22, 2010, Fredericton – A new energy commission has
been tasked with developing a long-term plan for a stronger energy future for
New Brunswickers. The commission will recommend a progressive energy policy for
New Brunswick and offer advice on the future direction of NB Power. It will
release a 10-year strategy with specific recommendations in six months. The
commission is one of ten items the provincial government has committed to
implement by the end of 2010.

The commission will:

• Undertake extensive public consultations with New
  Brunswickers, neighbouring provinces, and states;
• Develop a clear and measurable energy policy;
• Examine the possibilities for long-term energy purchase
  agreements;
• Examine energy production, consumption, and exports;
• Develop measurable targets on economic activity,
  environmental performance, cost, reliability, and financial performance; and
• Develop a long-term debt-management strategy for NB Power.

"By working in consultation with New Brunswickers, I am confident the
commissioners will develop an energy policy that will benefit all ratepayers in
every region of our province," says New Brunswick Energy Minister Craig
Leonard.