Submission to the Energy Transition Group regarding GNB Energy Strategy

We thank the Energy Transition Group for inviting the Conservation Council to respond to the Government of New Brunswick’s (GNB) Energy Strategy as a stakeholder. [...] This approach contradicts the stated goal of maintaining affordable energy for residents, as the uncertainties and high costs of SMRs could lead to increased energy rates and financial strain on households and businesses across the province. [...] 5) The province will continue work with the federal government to access funding to help lower the cost of new generation in the province through the Canadian Infrastructure Bank, the Smart Renewables Electricity Pathways program, and the Clean Technology and Clean Electricity Investment Tax Credits. [...] 4 6) We will review and modernize the Energy and Utilities Board (EUB) mandate to strengthen its regulatory and governance framework as needed, in light of the significant changes occurring in the energy market. [...] The more stakeholder and rightsholder collaboration and discussion, the better the outcomes for New Brunswick's energy future.