our REE InvestmentLooks as though there may be access to hydro within the Decade !!!
Hydro expansion
Taltson hydro expansion is slated to get $18 million from the Ministry of Crown-Indigenous Relations and Northern Affairs Canada between 2019-2023.
The next step of the expansion will be a request for proposal for a technical advisor and the completion of a business case in the first quarter of 2021.
Technical investigations and tender document preparations will take place in 2021-2023, with environmental and regulatory approvals following in 2022-2024 or 2025.
In its first phase, 60MW of generation capacity is expected to be achieved and it will be connected to two NWT hydro systems.
The expansion of the Taltson hydroelectricity project is slated to receive $18 million from the Ministry of Crown-Indigenous Relations and Northern Affairs Canada between 2019-2023.
In the second phase, the project will be able to provide clean energy to the Slave Geological Province and resource sector.
In the third, it will be connected to the NWT electrical grid to the rest of Canada.
Construction of the expansion is estimated to take four years and cost approximately $1.2 billion.