Costs stall PEI energy projects


High Voltage Maintenance Training Online

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$599
Coupon Price:
$499
Reserve Your Seat Today
Prince Edward Island has officially put on hold renewable-energy projects promising 130 megawatts because all the proposals are too costly.

Six companies made submissions in February to build the projects, mostly for wind development. They were assessed by Maritime Electric, the province's main electricity supplier.

Energy Minister Richard Brown announced in the legislature they've all been rejected because the electricity costs were too high.

"We have a wind farm on Prince Edward Island. We know what [cost] we can produce wind for," said Brown.

"Maritime Electric analyzed the bids and, with the current prices that were in them and with the transmission costs and the additional costs that we would have to put in place in terms of infrastructure, the pricing wasn't good enough for Islanders."

Energy critic Mike Currie doesn't understand why a private company should have the power to evaluate energy projects for the province.

"I think that Maritime Electric just doesn't want to do any more wind projects on Prince Edward Island," said Currie. "Why the minister has made them part of the evaluation process is beyond me."

The plan was to sell 30 megawatts on PEI and export the rest.

It's possible that could still happen. The companies have been given 30 days to fine-tune their proposals and resubmit them.

Related News

EDF and France reach deal on electricity prices-source

EDF Nuclear Power Price Deal sets a 70 euros/MWh reference price, adds consumer protection if…
View more

How offshore wind energy is powering up the UK

UK Offshore Wind Expansion will make wind the main power source, driving renewable energy, offshore…
View more

Tesla updates Supercharger billing to add cost of electricity use for other than charging

Tesla Supercharger Billing Update details kWh-based pricing that now includes HVAC, battery thermal management, and…
View more

Environmentalist calls for reduction in biomass use to generate electricity

Nova Scotia Biomass Energy faces scrutiny as hydropower from Muskrat Falls via the Maritime Link…
View more

Minister approves 30-megawatt wind farm expansion in Eastern Kings

Eastern Kings Wind Farm Expansion advances P.E.I. renewable energy with seven new wind turbines, environmental…
View more

Hitachi freezes British nuclear project, books $2.8bn hit

Hitachi UK Nuclear Project Freeze reflects Horizon Nuclear Power's suspended Anglesey plant amid Brexit uncertainty,…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Download the 2026 Electrical Training Catalog

Explore 50+ live, expert-led electrical training courses –

  • Interactive
  • Flexible
  • CEU-cerified