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Infrastructure Bank advising on NWT Hydro project

Once operational, the new 60 MW Taltson generating station has the potential to eliminate an estimated 240,000 tonnes of green house gas emissions annually.


The Canada Infrastructure Bank is making its first foray into the hydroelectricity market with the signing of an advisory services engagement on the proposed Taltson Hydroelectricity Expansion Project proposed by the Government of Northwest Territories (GNWT).

The Infrastructure Bank will assist the GNWT in developing the project’s financial structure and business case.

The Northwest Territories has two isolated electricity transmission systems to service the North Slave (Snare Grid) and South Slave (Taltson Grid) regions. The GNWT plans to expand the existing Taltson generating station by constructing a new 60 megawatt hydroelectric facility and 270km of transmission lines to connect the two electrical systems.

Once operational, the new Taltson generating station has the potential to eliminate an estimated 240,000 tonnes of green house gas emissions annually by replacing existing diesel power generation. It will also increase electricity reliability in the regions.

CIB’s work could lead to a future investment in the project, subject to all standard due diligence and decision making.

“The Government’s innovative hydroelectric proposal has the potential to produce a substantial amount of reliable, emissions-free renewable power for an area that includes 75 per cent of the Northwest Territories’ population. This advisory engagement is an important step towards making this project happen,” said Pierre Lavallée, President and CEO, Canada Infrastructure Bank, in a media release.


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2 Comments » for Infrastructure Bank advising on NWT Hydro project
  1. Linda says:

    Not just Pollyanna claims, but an outright lie! Hydroelectric power generation is far from emission free, and contributes to at least 7% of world greenhouse gas emissions through the creation of methane when reservoirs/headponds are created behind a dam, but also degrades water quality, reduces biodiversity, habit and fisheries populations. These types of mega-projects always go way over budget – look at Site C in BC, Keesak dam in Manitoba, and Muskrat Falls in Newfoundland – they are all wayyy over budget. These types of projects also have significant impacts on Indigenous peoples, contaminating drinking water and fisheries with methyl mercury prollution, and eliminating trapping, fishing and hunting sites in Indigenous traditional territory!

    Canada is bucking the trend in Europe and North America, where the unacceptable price tag and profound social and environmental impacts of large hydro projects means that more big dams are being dismantled than are being built.

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