Nova Scotia Power estimates scaled-down version of Atlantic Loop to cost $700 million
- Nova Scotia's Atlantic Loop electrical grid project, a scaled-down version, is estimated at $700 million by the head of the private power utility.
- The project is crucial for Nova Scotia to shift from coal to 80% renewable energy by 2030.
- The project is part of a broader plan including renewable energy sources like wind, solar, and batteries, with a potential cost increase to $1.4 billion if extended to Point Lepreau, N.B.
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