Possible Natural Gas Conversion
In May 2011 NB Power announced that it was considering converting Coleson Cove to burn natural gas. The high price of fuel oil in recent years, coupled with the plant's still-high emissions, has meant that it has sat idle for much of the last decade as it has been cheaper for NB Power to purchase imported electricity to replace the generating capacity. The decline in natural gas prices in recent years, increased cost of the mid-life refurbishment of the nearby Point Lepreau Nuclear Generating Station, and the rising cost of replacement imported electricity has provided an economic case for converting Coleson Cove, however, the project must be approved by the Government of New Brunswick and undergo environmental study. Additionally, a natural gas pipeline to supply the plant must be constructed from either the Saint John Lateral of the Maritimes & Northeast Pipeline or the Brunswick Pipeline.
Read more about this topic: Coleson Cove Generating Station
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