Despite the fact that a recent joint review panel report said that Nalcor’s assessment of the project was “inadequate”, and that it failed to justify the need for the project as a whole, the province’s Minister of Natural Resources says the time has never been better to develop hydro power at Muskrat Falls. The panel report also outlined a number of environmental concerns about the project, including flooded land, water quality and habitat loss, and questioned whether it would be the best alternative to meet domestic energy demands. It said Nalcor failed to justify the project in both energy and economic terms, and that there are outstanding questions regarding both Muskrat Falls and Gull Island developments. Premier Dunderdale isn’t fazed by the report, questioning the panel’s methodology in drawing its conclusions.

Source: VOCM