Energy & Power
Transmission & Distribution
SaskPower buying an additional $100 million of power from Manitoba
By Anthony Capkun
November 19, 2013 – The governments of Manitoba and Saskatchewan announced a deal under which SaskPower will purchase an additional $100 million of electricity from Manitoba Hydro over the next eight years.
“With Saskatchewan’s economy growing fast, demand for electricity has been increasing at more than twice the historical average,” said Bill Boyd, minister responsible for SaskPower.
The deal is the single-largest power sale agreement between Manitoba and Saskatchewan, say the governments. SaskPower and Manitoba Hydro have also signed a memorandum of understanding on a much larger, 500MW purchase after 2020.
“SaskPower’s interest in securing hydroelectricity from Manitoba matches our plans to build new dams and transmission lines to ensure there’ll be enough power in the next decade when Manitobans need it,” said Scott Thomson, President and CEO of Manitoba Hydro.