| ►17 |
Governance and accountability |
Appoint additional board members in a timely manner |
Complete |
- Government's response
- GNB agrees to appoint additional board members as needed, without delay, to ensure the Board has the skills and resources required.
- Progress and next steps
- As of April 24, 2026, four new board members have been appointed to the NB Power Board of Directors. Government also commits to reviewing the appointment process as part of Rec. 2.
- Deliverable
- New board members appointed. Government commitment to timely appointments in the future.
- Implementation phase
- Immediate action
- Target timeline
- End: April 2026
|
| ►2 |
Governance and accountability |
Adopt better oversight practices; limit mandate letters and MOUs |
In progress |
- Government's response
- GNB recognizes the importance of adopting improved oversight practices, clarifying all roles, and strengthening NB Power's accountability framework.
- Progress and next steps
- The next step is to review NB Power's governance and accountability to identify any gaps and ensure the changes and improvements work as effectively as possible.
- Deliverable
- A framework is adopted that: ensures all players understand their roles and how they contribute to the success of NB Power; outlines a plan to measure progress toward success; sets consequences for when parties fail to meet obligations.
- Implementation phase
- Short-term action
- Target timeline
- Start: April 2026 — End: March 2027
|
| ►15 |
Governance and accountability |
Board to engage independent advisors on governance best practice |
In progress |
- Government's response
- GNB agrees with the recommendation and supports the NB Power Board of Directors in seeking guidance from independent advisors.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Independent advisor's report, along with a detailed plan for implementing improvements provided to the Minister.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►50 |
Governance and accountability |
Indigenous community relationships as a vital NB Power board skill |
In progress |
- Government's response
- GNB recognizes the importance of fostering strong relationships with Indigenous communities and agrees to work with NB Power to ensure this is recognized as a vital skill in the skills and experience matrix. Cultural training for the Board of Directors is also recommended.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Relationships with Indigenous communities identified as a vital skill in the next skills matrix, and this skill set is represented on the Board. Cultural training is complete.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►14 |
Governance and accountability |
Board deliberations with management should be constructive but challenging |
In progress |
- Government's response
- GNB agrees with the recommendation and supports the NB Power Board of Directors in fostering a constructive yet challenging environment in its deliberations with management.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- The Board will provide the Minister with the independent board-level coach report and outline the action plan for improvements.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: October 2027
|
| ►16 |
Governance and accountability |
Engage a board-level coach to observe meetings and give in-camera feedback |
In progress |
- Government's response
- GNB agrees with the recommendation and supports the NB Power Board of Directors in engaging a board-level coach.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- The Board will provide the Minister with a summary of findings and improvements from the independent board-level coach.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: June 2027
|
| ►49 |
First Nations engagement |
Include First Nations input in all long-term integrated energy plans |
In progress |
- Government's response
- GNB agrees with the recommendation and supports including the participation and input of First Nations, as Rightsholders, in all long-term integrated energy plans.
- Progress and next steps
- GNB commits to working with Rightsholders in the development of an energy policy this year. Government will work to ensure First Nations' inclusion in all future long-term planning.
- Deliverable
- First Nations are early and active participants in the development of the next energy policy.
- Implementation phase
- Short-term action
- Target timeline
- Start: 2026 — End: March 2027
|
| ►47 |
First Nations engagement |
Clearer engagement strategy with Rightsholders for energy projects |
In progress |
- Government's response
- GNB agrees that a clear and strategic approach to early communications and engagement with Rightsholders is important to the future of energy projects.
- Progress and next steps
- GNB and NB Power to meet with First Nation communities to discuss early engagement and communication best practices.
- Deliverable
- NB Power and GNB in collaboration with First Nations establish and publicly communicate engagement best practices for development of energy projects.
- Implementation phase
- Medium-term action
- Target timeline
- Start: 2026 — End: December 2027
|
| ►48 |
First Nations engagement |
Active early engagement on equity partnerships with First Nations |
Upcoming |
- Government's response
- GNB agrees with the recommendation and supports active and early engagement to explore opportunities for partnerships with First Nations, which could include discussions on a coordinated approach to facilitate equity investments.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- NB Power's policy is revised to commit to early and open engagement with First Nation communities to explore potential equity partnership opportunities where there is mutual interest. All equity partnerships will be reported on to the Minister.
- Implementation phase
- Medium-term action
- Target timeline
- Start: September 2026 — End: March 2028
|
| ►9 |
Legislative and regulatory |
Create a consumer advocate role for residential energy customers |
In progress |
- Government's response
- GNB agrees that there is a need to help improve energy literacy and represent residential and small business customers with energy concerns.
- Progress and next steps
- Proposed changes will be tabled in the Legislature, supporting the creation of the Office of the Consumer Advocate for Energy Sector. Once through the legislative process, work to implement the office will continue throughout 2026–27.
- Deliverable
- Office of the Consumer Advocate for Energy Sector created with the necessary tools to support consumers.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►1 |
Legislative and regulatory |
Comprehensive modernization of the Electricity Act |
Upcoming |
- Government's response
- GNB acknowledges that changes to the Electricity Act need to be made. The extent of changes will not be understood until work is advanced in several other recommendations.
- Progress and next steps
- Scope, scale and timeline/sequencing of review to be determined. May require several iterations to truly transform and modernize.
- Deliverable
- The Electricity Act will be modernized and provide appropriate regulatory oversight to achieve the outcomes of the Comprehensive Review.
- Implementation phase
- Medium-term action
- Target timeline
- Start: 2026 — End: March 2028
|
| ►8 |
Legislative and regulatory |
Full review of the EUB and overhaul of its regulatory framework |
In progress |
- Government's response
- GNB accepts the recommendation and will determine the appropriate scale of a review.
- Progress and next steps
- Scope to be defined including next steps and actionable items. Review will address transparency, clean energy transition, board selection, and resourcing of the EUB.
- Deliverable
- A review of energy regulation that provides recommendations for modernizing the EUB and its roles and functions for the energy sector in NB.
- Implementation phase
- Medium-term action
- Target timeline
- Start: 2026 — End: March 2028
|
| ►10 |
Legislative and regulatory |
NB Power to submit multi-year rate applications |
In progress |
- Government's response
- GNB accepts the need to adapt to industry best practices.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- NB Power to submit multi-year rate applications or include appropriate rationale for not submitting multi-year applications.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: 2029
|
| ►4 |
Core mandate focus |
NB Power should not lead economic development activities |
In progress |
- Government's response
- GNB accepts this recommendation that NB Power should not be in the business of leading economic development activities.
- Progress and next steps
- The New Brunswick Growth Office has been established to help with coordination of economic development. GNB has also recently released an economic development strategy that includes energy infrastructure as an enabler of growth.
- Deliverable
- Guidelines issued by the NB Growth Office to its economic agents establishing parameters for economic pursuits that implicate NB Power and the use of electricity.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: December 2026
|
| ►5 |
Core mandate focus |
Support competitiveness of export-dependent sectors, including self-generation options |
In progress |
- Government's response
- GNB acknowledges the importance of ensuring economic competitiveness of NB's export-dependent sectors and will evaluate options further.
- Progress and next steps
- GNB is evaluating options to ensure the competitiveness of export-dependent sectors including self-generation options that do not cause an undue burden on other consumers.
- Deliverable
- Options are identified to support the economic competitiveness of NB's export-dependent sectors and actions taken to address where appropriate.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►3 |
Core mandate focus |
Review social, energy efficiency and demand side management programs |
Upcoming |
- Government's response
- GNB accepts that social and affordability programming is the responsibility of government and is committed to reviewing the delivery of energy efficiency and demand side management programs. A 10% rebate on electricity bills has already been implemented.
- Progress and next steps
- GNB commits to considering energy affordability through other approaches and initiatives within government.
- Deliverable
- The social, energy efficient and demand side management programs associated with energy use reviewed. Following this review, these programs are reorganized to ensure that they are delivered most appropriately.
- Implementation phase
- Medium-term action
- Target timeline
- Start: 2026 — End: 2028
|
| ►6 |
Integrated energy planning |
Develop a new cohesive government energy policy |
In progress |
- Government's response
- GNB is committed to delivering a cohesive energy policy.
- Progress and next steps
- With the Comprehensive Review complete, focus will now shift to the energy policy.
- Deliverable
- Implementation of a cohesive energy policy.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►7 |
Integrated energy planning |
Consider increased natural gas deployment for heating within energy policy |
In progress |
- Government's response
- GNB recognizes the opportunity to expand natural gas for heating purposes in New Brunswick.
- Progress and next steps
- Scope, scale and timeline/sequencing of review to be determined as part of the development of the Energy Policy.
- Deliverable
- The cohesive energy policy (Rec. 6) will take into consideration the role of increased natural gas for heating.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►11 |
Integrated energy planning |
Explore a Maritime Independent System Operator |
In progress |
- Government's response
- GNB recognizes the potential value of a Maritime Independent System Operator and accepts the need to explore opportunities to share responsibilities and cost where possible.
- Progress and next steps
- Initiate discussions with other Maritime provinces to explore the concept and advance regional integration and cooperation. Confirm interest in exploring a Maritime ISO pending those discussions.
- Deliverable
- If all parties express interest, develop a Memorandum of Understanding including a work plan to investigate opportunity steps.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►12 |
Integrated energy planning |
Pursue regional integration and cooperation at the political level |
In progress |
- Government's response
- GNB recognizes the potential value of exploring regional integration and cooperation.
- Progress and next steps
- Premier has signaled to Atlantic Energy Collective that regional collaboration around energy will be critical. Energy Minister and Deputy Minister will work with colleagues to propose a path forward for Premiers.
- Deliverable
- An agreement between Atlantic Premiers to explore all possible areas of regional integration and cooperation across regional electrical utilities.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►13 |
Integrated energy planning |
Expand procurement coordination with neighbouring utilities |
In progress |
- Government's response
- GNB accepts the potential benefits of expanding coordination on procurement with neighbouring utilities.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister and publicly share efforts made to explore more opportunities for collaboration.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: March 2028
|
| ►40 |
Integrated energy planning |
Asset management plans and financial modelling going out at least 20 years |
Upcoming |
- Government's response
- GNB acknowledges the benefit of longer-term financial modeling that aligns with industry best practices.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Financial modeling aligned with industry best practices.
- Implementation phase
- Medium-term action
- Target timeline
- Start: November 2026 — End: March 2029
|
| ►42 |
Integrated energy planning |
Expand IRP scope to include regional cooperation opportunities |
Upcoming |
- Government's response
- The current IRP is developed and is scheduled to be approved in 2026. Further work is needed to consider this recommendation in the next IRP process.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on opportunities for regional collaboration in the context of a regional IRP.
- Implementation phase
- Medium-term action
- Target timeline
- Start: October 2026 — End: March 2029
|
| ►41 |
Integrated energy planning |
Evaluate emerging technology scenarios and offramps in the IRP |
In progress |
- Government's response
- GNB accepts the importance of continued evaluation of assumptions when implementing change.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on how this recommendation has been considered and how any findings will be applied in next IRP.
- Implementation phase
- Long-term action
- Target timeline
- Start: May 2026 — End: 2029
|
| ►24 |
High-performing organization |
Enhance proactive public communication and energy literacy |
In progress |
- Government's response
- GNB recognizes that proactive public communication is critical for public trust and that increasing energy literacy is critical to ensuring a better understanding of the system.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- A comprehensive plan and rollout strategy for improved communication and education efforts, including detailed roles and responsibilities.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►25 |
High-performing organization |
Develop industry standard customer service metrics (report card) |
In progress |
- Government's response
- GNB recognizes the importance of measuring customer service quality through standard metrics and encourages public reporting.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report card on customer service metrics publicly shared on NB Power website and provided to government.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►26 |
High-performing organization |
Gap analysis of performance metrics across all business areas |
In progress |
- Government's response
- GNB accepts the need to perform a thorough gap analysis of performance metrics and benchmarks to inform an improvement plan.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to the Minister on gap analysis of performance metrics and benchmarks across all aspects of its business and an improvement plan. Iterative reporting on progress will be required.
- Implementation phase
- Medium-term action
- Target timeline
- Start: June 2026 — End: March 2028
|
| ►18 |
High-performing organization |
Review performance goals so every worker understands their targets |
In progress |
- Government's response
- GNB accepts the need to ensure performance goals and targets contribute to organizational goals. This recommendation is dependent on work completed in Recs. 25, 26, and 34.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on review of performance goals and targets. Recognizing that this will be completed in stages, iterative reporting on progress will be required.
- Implementation phase
- Medium-term action
- Target timeline
- Start: June 2026 — End: March 2028
|
| ►19 |
High-performing organization |
Review executive compensation to align with peer companies |
In progress |
- Government's response
- Government understands the role that executive compensation can have for successful utilities. This would have to be balanced with strong performance and benefits for all rate payers clearly identified.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on executive compensation review along with recommendations. Iterative reporting on progress will be required.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: March 2028
|
| ►21 |
High-performing organization |
Ensure staffing levels are optimal across all areas |
In progress |
- Government's response
- GNB supports the need to ensure staffing levels are optimized in all areas.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Quarterly updates to the Minister on the series of actions taken to address these recommendations. Annual public updates on the progress made.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: March 2029
|
| ►22 |
High-performing organization |
Review skill set and capacity to manage this diverse utility |
Upcoming |
- Government's response
- GNB recognizes the need to ensure skills and capacity meet the needs of the utility.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Quarterly updates to the Minister on the series of actions taken to address these recommendations. Annual public updates on the progress made.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: March 2029
|
| ►23 |
High-performing organization |
Comprehensive review of succession processes |
In progress |
- Government's response
- GNB accepts the need for a comprehensive review of succession process.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Quarterly updates to the Minister on the series of actions taken to address these recommendations. Annual public updates on the progress made.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: March 2029
|
| ►27 |
High-performing organization |
Review in-house project staff capabilities and procedures (Right People, Right Skills, Right Processes) |
In progress |
- Government's response
- GNB recognizes the need to ensure project capabilities and qualifications meet the needs of NB Power.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Quarterly updates to the Minister on the series of actions taken to address these recommendations. Annual public updates on the progress made.
- Implementation phase
- Medium-term action
- Target timeline
- Start: May 2026 — End: March 2029
|
| ►39 |
High-performing organization |
Develop an Innovation Forum for in-province expertise |
Upcoming |
- Government's response
- GNB accepts the role innovation could play in the future of energy in New Brunswick.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Innovation Forum initiated.
- Implementation phase
- Medium-term action
- Target timeline
- Start: April 2028 — End: March 2029
|
| ►20 |
High-performing organization |
Evaluate a rewards structure with employees and union leaders |
Upcoming |
- Government's response
- Review after actions associated with governance structure is complete. Recommendation dependent on Rec. 19.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on the review of the benefits of a rewards structure and, if applicable, development plan. Iterative reporting will be required.
- Implementation phase
- Long-term action
- Target timeline
- Start: July 2026 — End: 2029
|
| ►43 |
High-performing organization |
Begin work on financial restructuring and potential corporatization of NB Power |
Upcoming |
- Government's response
- GNB recognizes the importance of a financially viable utility. However, more evaluation is required to ensure all paths to financial security are evaluated.
- Progress and next steps
- Financial and corporate restructuring options may be considered at a later date.
- Deliverable
- Analysis completed and recommendations to Government for consideration of changes to NB Power's structure to improve their financial health.
- Implementation phase
- Long-term action
- Target timeline
- Start: April 2028 — End: December 2029
|
| ►44 |
High-performing organization |
Assess writing down the Energy Supply Cost Variance Account |
Upcoming |
- Government's response
- GNB recognizes the importance of proper assessments of regulatory assets but believes more analysis is required.
- Progress and next steps
- Next steps to be identified at a later date.
- Deliverable
- An analysis of the various accounts of NB Power and recommendations provided to Government for consideration.
- Implementation phase
- Long-term action
- Target timeline
- Start: April 2028 — End: December 2029
|
| ►28 |
Major infrastructure delivery |
Monte Carlo risk simulation for the Mactaquac Life Achievement Project |
In progress |
- Government's response
- GNB recognizes the need for additional risk analysis as part of the Mactaquac Life Achievement Project approval requirements.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on completion of a Monte Carlo simulation as part of broader quantitative risk assessment process.
- Implementation phase
- Immediate action
- Target timeline
- Start: May 2026 — End: September 2026
|
| ►29 |
Major infrastructure delivery |
Produce acceptance criteria for the Mactaquac project approval |
In progress |
- Government's response
- GNB accepts the need to have clear acceptance criteria for the Mactaquac Life Achievement Project.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Acceptance criteria produced and shared with the Minister.
- Implementation phase
- Immediate action
- Target timeline
- Start: May 2026 — End: September 2026
|
| ►30 |
Major infrastructure delivery |
Identify all funding sources and cost structures for Mactaquac |
In progress |
- Government's response
- GNB recognizes the need to work collaboratively with NB Power to ensure all potential funding sources are identified for Mactaquac.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to the Minister on possible financing options for the Mactaquac Life Achievement Project.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: December 2026
|
| ►31 |
Major infrastructure delivery |
Comprehensive project evaluation plan for Belledune conversion |
In progress |
- Government's response
- GNB accepts the need to ensure there is a comprehensive evaluation plan in place for the Belledune conversion.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to the Minister on the project evaluation plan.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►45 |
Major infrastructure delivery |
Continue seeking partners for expertise, capital, and risk transfer |
In progress |
- Government's response
- GNB accepts the value that partnerships can bring in reducing risk and benefiting from additional expertise.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- NB Power to share with Minister the project delivery model framework to support its continued trajectory to seek partnerships where determined to be the best course of action.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►46 |
Major infrastructure delivery |
Be nimble to pursue asset sales or partnerships when beneficial |
In progress |
- Government's response
- GNB accepts the importance of considering asset sales and seeking partnerships when determined to be the best course of action for NB Power.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Strategic Framework for asset sales or partnerships developed and reported to Minister.
- Implementation phase
- Medium-term action
- Target timeline
- Start: September 2026 — End: March 2029
|
| ►34 |
Nuclear operations |
Develop a site-based business plan for Point Lepreau |
In progress |
- Government's response
- GNB accepts the importance of Point Lepreau having the necessary plans to ensure success.
- Progress and next steps
- Report to Minister on the completion of a site-based business plan.
- Deliverable
- A site-based business plan that sets out clear goals for each area, communicated throughout the site and seen by all staff as the direction of travel.
- Implementation phase
- Short-term action
- Target timeline
- Start: June 2026 — End: March 2027
|
| ►35 |
Nuclear operations |
Set clear performance metrics for Point Lepreau based on the business plan |
In progress |
- Government's response
- GNB recognizes the importance of having clear performance metrics. Recommendation dependent on Rec. 34.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- A clear set of performance metrics established from the development of the site based business plan.
- Implementation phase
- Short-term action
- Target timeline
- Start: June 2026 — End: March 2027
|
| ►36 |
Nuclear operations |
Develop an over-life asset management plan for Point Lepreau |
In progress |
- Government's response
- GNB recognizes the importance of ensuring an over-life asset management plan is in place.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Life over-life asset management plan reported to Minister.
- Implementation phase
- Short-term action
- Target timeline
- Start: June 2026 — End: March 2027
|
| ►37 |
Nuclear operations |
Develop closer ties to CANDU 6 operators and Cernavoda facility |
In progress |
- Government's response
- Agree in principle. Focus on building relationships will be broader than one facility.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- Report to Minister on efforts made to establish and improve relationships with other nuclear facilities.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►38 |
Nuclear operations |
Initiate planning assessment for an additional nuclear plant at Point Lepreau |
In progress |
- Government's response
- GNB accepts the role of nuclear generation in the future of electricity supply and the need to invest in additional nuclear generation at a scale and technology readiness that meets the need of NB and potentially the region.
- Progress and next steps
- Engage with Indigenous communities and local communities to discuss opportunity for new nuclear. Issue Request for Expression of Interest for new nuclear at a scale (SMR and/or conventional). Identify potential load opportunities.
- Deliverable
- Planning and assessment phase for new nuclear technology initiated and a workplan to completion developed.
- Implementation phase
- Short-term action
- Target timeline
- Start: May 2026 — End: March 2027
|
| ►33 |
Nuclear operations |
Operationally separate Point Lepreau from other NB Power assets |
Upcoming |
- Government's response
- GNB recognizes potential benefits could be realized by separating Point Lepreau.
- Progress and next steps
- Government will begin the work needed to assess this recommendation and fully understand the implications both in relation to the current facility and any future new nuclear at Point Lepreau.
- Deliverable
- A complete analysis of the costs and benefits of operationally separating the Point Lepreau Nuclear Generating Station.
- Implementation phase
- Medium-term action
- Target timeline
- Start: April 2027 — End: March 2029
|
| ►32 |
Nuclear operations |
Extend Laurentis agreement scope to include commercial metrics |
Upcoming |
- Government's response
- Agree in principle. There may be benefits to including commercial metrics in new or extended contracts if these proceed in the future.
- Progress and next steps
- NB Power to provide and report on progress and next steps through quarterly reporting.
- Deliverable
- New contract with acceptable metrics or termination of contract.
- Implementation phase
- Long-term action
- Target timeline
- Start: 2028 — End: 2029
|
