The submission leverages a recently completed front-end engineering design (FEED) study and includes an assessment of the project's expected carbon intensity using the Fuel Life Cycle Assessment Model ...
The money includes an $8-million grant and a $9-million loan, to be repaid over 12 years, to Magellan Aerospace.
Hydro-Québec will pay about 30 times more for power, netting Newfoundland and Labrador an average of $1 billion a year until 2041, and $4 billion a year after 2056.