In July, Prince Edward Island, New Brunswick and Nova Scotia signed a memorandum of understanding (MOU) to advance Maritime regional electricity cooperation and system integration — marking an important step towards a deeper regional electricity system.
The agreement between the three provinces establishes a process to develop a transmission roadmap, exploring how greater coordination of electricity planning, transmission, generation and emerging energy resources can strengthen the region’s energy system. It also opens the door to exploring new approaches to regional grid operations, including the potential for a Maritime Independent System Operator.
While the final model is yet to be developed, the MOU represents a meaningful shift toward breaking down provincial silos and finding new ways to improve reliability, make smarter infrastructure investments, and build a stronger electricity system for the region.
Read the full statement by Climate Action Network Canada HERE. CRED-NB is a member of the national network.