N.B. Power says a freeze on servicing new, large-scale industrial customers in the province remains in place over concerns that the cryptocurrency sector’s heavy use of electricity could be more than the utility can handle.
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With days to go before the Point Lepreau Nuclear Generating Station’s current license expired, the Canadian Nuclear Safety Commission settled on a 10-year lease extension at the site, located about 35 minutes west of Saint John, N.B.
Point Lepreau’s current licence renewal is reaching a close, so the Canadian Nuclear Safety Commission is required to grant a new one. NB Power has asked for 25 years.