New Brunswick’s surplus power sales to U.S. could close Irving Paper, firm warns

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Source: New Brunswick - Regional News
Date: 2026-10-30 15:32:23.0
Tags: [New Brunswick, Energy, Industry, Economy, Governance]

J.D. Irving Ltd. executive Mark Mosher warned that a policy change by New Brunswick's Crown-owned electric utility, NB Power, could force the closure of the Irving Paper mill and increase operational costs by an estimated $10 million annually. The policy shift allows NB Power to sell its excess surplus electricity to out-of-province and U.S. buyers at market rates first, forcing in-province industrial clients to rely on more expensive excess power. Energy Minister Rene Legacy stated that the provincial Liberal government will not intervene or reverse the regulatory decision, leaving the matter to be reviewed through an application submitted by J.D. Irving Ltd. to the New Brunswick Energy and Utilities Board.