The Mactaquac Project Commitment

Our

to you

George Porter

February 5, 2014

The GAIA Project

About Mactaquac

1968 in-service date Local hydro-power generation

660 MW rated capacity (about 20% of NBs peak need) 1.6 TWH annual energy (about 12% of NBs yearly need) Capacity factor = 1.6TWh/(660MW*8760hrs/yr) = 27% Other contributions to power system reliability
Regulation, load following, and reserve Voltage support System black start

Suffering from expansion of concrete

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Generating to Match Usage Over One Day

Generation with higher fuel costs (e.g. diesel) Hydro with no fuel costs

Usage

Generation with medium fuel costs (e.g. natural gas) Generation with lower fuel costs (e.g. nuclear, coal)
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Alkali Aggregate Reaction (AAR)

The dam is 8 taller than when it was built The dams expansion in width is 24 Asymmetric thicknesses imply more complex deformations in other areas
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AAR Remediation Growth rate has been steady and sustained, with no sign of slowing down Since 1985, a massive program of investigation and remediation has been carried out Our work is reviewed by a board of international experts at least once a year to ensure safety of the facility and value

Mactaquacs Future

Studies indicate a 2030 end-of-life for the concrete structures Timely option analysis and decisionmaking are required to address this deadline because:
the implications are significant

all options have long lead times

Reduce and Shift Demand

Potential Options

Repower by replacing the spillway and powerhouse Do not repower and maintain the head pond by replacing the spillway but not the powerhouse
Restore the river/eliminate head pond
There is no status quo or do nothing option. The 2030 deadline is fixed.

Reduce and Shift Demand

Timeline
Mactaquac Project
Decision Gate
2016 Study 3 Options: Repower Head Pond River Acquire Approvals for Preferred Option

Decision Gate
2019 Perform Detailed Design & Site Work for Preferred Option 2030

Factors to Consider Total costs, rates, capital cost, financing Environment (e.g. river health, emissions)

Social impacts (on communities, jobs, property owners, culture, recreation, etc.) First Nations impacts
The value provided to the power system

Uncertainty and risks

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Review and Approvals

Independent reviews to supplement approvals required by law Environmental approval (federal & provincial)
NB Power Board of Directors approval Province of NB (utility owner) approval Energy and Utilities Board approval

Reduce and Shift Demand

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Opportunities for Dialogue

Ongoing First Nations engagement

Ongoing public engagement Environmental assessment consultations Energy and Utility Board (EUB) process

Reduce and Shift Demand

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Contact Information If you or your group would like more information about this project, or would like to share your point of view, please contact us.
By email mactaquac@nbpower.com By regular mail Mactaquac Project NB Power 515 King Street PO Box 2000 Fredericton, NB E3B 4X1 By phone 1-866-754-7727

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