N.B. Power’s ongoing rate hearing has been told that plans to spend $88.4 million over three years on outside experts to help fix chronic reliability problems at the Point Lepreau Nuclear Generating Station might not show results immediately but will pay off eventually.
With no interested investors, utility turns to pricey experts to run troubled nuclear plant
Robert Jones · CBC News
· Posted: Mar 17, 2026 5:27 PM EDT | Last Updated: 2 hours ago
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The Point Lepreau Nuclear Generating Station control room. The generator has been offline for repairs and maintenance a total of 616 days in the last four years. Improving that record is considered critical to N.B. Power fixing its financial problems. (Brice McVicar/Brunswick News pool camera)
N.B. Power’s ongoing rate hearing has been told that plans to spend $88.4 million over three years on outside experts to help fix chronic reliability problems at the Point Lepreau Nuclear Generating Station might not show results immediately but will pay off eventually.
“The intent of the agreement is to establish consistent, sustainable, long-term performance, not to make short-term gains,” said Jason Nouwens about a contract the utility has struck with Laurentis Energy Partners Inc.
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