Lumos Energy, with technical assistance from The Delphi Group, undertook an analysis of the social, environmental, and economic outcomes that may be realized through the Wataynikaneyap Power project. The purpose of this analysis was to quantify the Wataynikaneyap Project benefits beyond the avoided costs of diesel generation. While the business case on avoided diesel costs is enough to justify grid connection of the remote communities, the analysis shows there are significant additional benefits generated by the Wataynikaneyap project that should be considered.
The analysis demonstrates the additional long-term value proposition of the Wataynikaneyap Project in four major benefit areas:
The benefits analysis of the Wataynikaneyap Power project that was undertaken provides evidence and substantiation for the following quantitative and qualitative benefits, which are expected over the next 40 years:
The sum of these additional benefits is estimated to be $4,372,000,000 over 40 years. The project would fundamentally change the economic and social conditions for northwestern Ontario and First Nations communities, by improving a range of community conditions and factors including employment, housing, economic development, community infrastructure, social development and standard of living.
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