NL Hydro CEO: Province Could Lead Energy Revolution

Newfoundland and Labrador could become a national energy leader if the province can shift its approach. According to Jennifer Williams, CEO of NL Hydro, a new mindset is crucial for development and progress in the energy sector.

Breaking Down Barriers

According to Williams, Newfoundland and Labrador has what it takes to become a major player in the country’s energy future. Speaking at NL Hydro’s AGM, she addressed the need to move past a “culture of no.” She believes that there should be more focus on efficiency in getting projects underway. The goal is to expedite these developments without sacrificing the thoroughness of the process.

The CEO of NL Hydro says Newfoundland and Labrador has the ability to become the country’s new energy frontier if it is able to get past a so-called “culture of no.”

— world-today-news.com (@worldtodaynews) June 1, 2024

“Rigour and speed are not incompatible,”

—Jennifer Williams, CEO of NL Hydro

A recent report from Electricity Canada outlined steps to overcome these hurdles. Canada’s renewable energy sector is projected to grow by 78% by 2030 (Energy Report 2024).

Action Needed

Williams is encouraged by recent signals from Prime Minister Mark Carney that signal a shift towards prioritizing and supporting projects. She is advocating for the need to move from intent to real action and wants Newfoundland and Labrador to be at the forefront of the federal government’s support programs.

In conclusion, Williams believes that with the right approach, Newfoundland and Labrador can become a key player in Canada’s energy future. It hinges on the province’s ability to embrace change and promote efficiency in its development projects.