March 31, 2010
FREDERICTON (CNB) - Greenhouse gas (GHG) emissions will be reduced in the province as the result of a project being supported by the New Brunswick Climate Action Fund (NBCAF), Environment Minister Rick Miles announced today.
The Department of Environment is providing NB Power with $2.4 million to support its Electricity Smart Grid Technology project. The estimated total cost is $32 million.
"Investments such as this will ensure that New Brunswick meets the goals set out in the New Brunswick Climate Change Action Plan (NBCCAP) and continues to be a promoter of environmental sustainability, which we must achieve to remain positioned to be self-sufficient by 2026," said Miles. "This project is considered essential to the successful integration of additional wind-power electricity generation within the province's electricity distribution system."
The successful completion of this project could allow NB Power to maximize provincial wind resources and potentially avert up to 1.5 megatonnes of carbon emissions annually. This is equivalent to a reduction in NB Power emissions of about 25 per cent from 2008.
"NB Power's Smart Grid pilot project is a first of its kind," said Energy Minister Jack Keir. "I am proud of this initiative and our government's investment in the project. We have identified the smart grid as a terrific opportunity for the New Brunswick information and communications technology industry. We are building partnerships and exploring all opportunities in this area. In fact, last week we hosted the first NB Smart Grid Summit, which was a great success."
"We are thrilled to receive the support of the Department of Environment in this first-of-its-kind project," said Gaëtan Thomas, acting president and chief executive officer, NB Power. "This is a demonstration of how much can be achieved by working together. With the help of our partners, we will be able to provide energy and cost savings to our customers while also helping to protect the environment for generations to come."
Established from New Brunswick's portion of the federal government's Canada Eco-Trust for Clean Air and Climate Change, the $34-million NBCAF is used to support projects in keeping with the goals of the NBCCAP. The three-year fund is dedicated to public-sector, private-sector and not-for-profit initiatives that will result in reductions or avoidance of greenhouse gas emissions and air pollution throughout the province.
The province launched the five-year NBCCAP in June 2007. As a result of New Brunswick-led initiatives in the plan, GHG emissions will be reduced in the province by 5.5 Mt annually in 2012.
With the addition of federal initiatives, the NBCCAP will result in a reduction of New Brunswick's greenhouse gas emissions to 1990 levels in 2012.
More information about the NBCCAP is online.
MEDIA CONTACTS: Jennifer Graham, communications, Department of Environment, 506-453-3700; Marianne Limpert, communications, NB Power, 506-458-6731; Bonnie Doyle Creber, communications, Department of Energy, 506-658-2410.