PricewaterhouseCoopers (“PwC”) was engaged by the Central Corridor Energy Group (“CCEG”) to complete an assessment of financing and funding options for the development of a transmission line to connect 10 remote First Nations communities in Northwestern Ontario. The connection of First Nations communities currently serviced by diesel generation forms part of the two phase Wataynikaneyap Power project, a First Nations led initiative.
Based on the current state and forecast assumptions, PWC estimates that developing and operating a transmission line connecting 10 CCEG remote communities to the grid will result in a net present value of $296 million over continued diesel generation during the analysis period (2018-2057).
Due to confidentiality, only an Excutive Summary of the PWC Financial Feasibility Report is available to the public. A copy of the Executive Summary can be downloaded below.
Document:
CCEG Transmission Development Financial Feasibility Study Final[Executive Summary Only].pdf