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NT Hydro Strategic Plan

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NT Hydro Strategic Plan

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    1. NT Hydro Strategic Plan Presentation to the NWT Association of Communities March 30, 2009

    2. NT Hydro Strategic Plan

    3. NT Hydro Strategic Plan Mandate To plan and develop cost-effective, safe and environmentally sound energy projects to serve existing and new energy requirements to the benefit of the NWT

    4. NT Hydro Strategic Plan Vision An energy self-sufficient NWT producing minimal green house gas emissions while optimizing the development and marketing of its renewable energy resources

    5. NT Hydro Strategic Plan Goals To make a major contribution to development of new NWT energy sources To be proactive in embracing and developing renewable energy technology To provide energy on a timely and competitive basis to serve new energy demand To be an organization capable of managing and delivering energy projects Completion and operation of at least one significant hydro electric project on time and in budget within the next 5 years

    6. NT Hydro Strategic Plan Goals (continued) To be a leader in partnering with aboriginal governments on energy projects To be profitable and financially strong and capable of generating wealth for the NWT To pursue projects in a manner that is consistent with an integrated power grid in the NWT To be an exporter of energy where the benefits of export primarily accrue to the NWT To contribute to the energy self-sufficiency of the NWT To put safety, the environment and service reliability first

    7. NT Hydro Strategic Plan Medium Term Objectives To secure external investment resources until returns create sufficient working capital To complete the Taltson Hydro Electric Expansion Project in the next 5 Years To identify the top 5 potential hydro electric sites for feasibility assessment To engage regions and communities in research activity through partnerships Complete the feasibility analysis and design of a potential electrical grid for the NWT. Identify gaps and opportunities Establish a communications plan and educational program on development of renewable energy in the NWT

    8. NT Hydro Strategic Plan Medium Term Objectives (continued) Secure funding and build capacity to undertake base line research (hydrology, environment, traditional knowledge), perform feasibility analysis, and complete project definitions Identify and evaluate new technology for alternate energy approaches to reduce dependence on imported fossil fuels

    9. NT Hydro Strategic Plan Immediate Priorities Working with our Deze partners complete the work necessary for start of construction for the Taltson Expansion Project Establish and deliver a communications plan and educational program on development of renewable energy in the NWT Establish partnerships with regional and community aboriginal governments to conduct and compile baseline research relevant to renewable energy projects (hydrology, wind studies, biomass inventories, environmental conditions, traditional knowledge, geotech, market analysis) Research and offer energy development considerations to regional land use and other planning processes occurring in the NWT

    10. NT Hydro Strategic Plan Immediate Priorities (continued) Assess and develop alternate energy technologies to reduce reliance on imported fossil fuel Complete desktop modeling of the potential electrical grid in the NWT Build NWT capacity to initialize, evaluate and execute renewable energy projects Explore synergies with the Arctic Energy Alliance Research and access funding from available federal and territorial sources

    11. NT Hydro Strategic Plan Funded Activities (GNWT Budget Speech) Taltson Hydro Expansion completion of regulatory process NTEC(03) ($2.5 million) Commencement of NWT-wide baseline research for hydro and other renewables (environmental, hydrology, traditional knowledge, geotechnical) including regional renewable energy assessments NT Hydro ($1.6 million) Capacity building and educational program NT Hydro (see above) Mini-hydro projects -environmental, engineering, economics, TK, regulatory NTEC(03) ($500,000)) In-stream hydrokinetic testing (Fort Simpson) NTPC ($250,000) Waste heat recovery systems NTPC ($1.5 million) Wind turbine project (Tuktoyaktuk) ENR ($1.8 million) Geothermal investigations (Deh Cho) ENR ($150,000) NWT biomass expansion - ENR ($1.0 million)

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