Stan Marshall APEC Major Projects Conference May 30, 2018 Muskrat - PowerPoint PPT Presentation

Stan Marshall APEC Major Projects Conference May 30, 2018

Muskrat Falls Projected In-service Capital Cost $12.7 $12.0 $2.6 $10.0 $3.7 $7.4 $8.0 ($ Billions) $1.2 $6.0 $0.9 $10.1 $2.6 $4.0 $0.7 $6.2 $5.5 $2.0 $2.9 $- Sanction 2012 Jun-17 MF LTA LIL Financing and Other

MUSKRAT FALLS A year of significant accomplishments

MUSKRAT FALLS GENERATION • Enclosed the powerhouse and intake structures • Started the installation of the four generating units in the powerhouse • Finished the South dam and stabilization work on the North Spur • Achieved significant progress on the North dam

MUSKRAT FALLS TRANSMISSION • Completed construction of the Labrador-Island Transmission Link • Energized the AC transmission line from Churchill Falls to Muskrat Falls • Energized the Soldiers Pond AC switchyard • Maritime Link to Nova Scotia operational to import power

OVER 8,200 NEWFOUNDLANDERS & LABRADORIANS

LOOKING AHEAD 2018

THE SIX PHASES OF A MEGAPROJECT 1. Wild Enthusiasm 2. Disillusionment 3. Confusion, Panic, Hysteria 4. Search for the Guilty 5. Punishment of the Innocent 6. Reward the Uninvolved

Thank You