- An independent review of NB Power recommended a full review of the existing EUB, suggesting it would likely involve a fundamental overhaul of the regulatory framework.
- Premier Susan Holt suggested the potential end of the New Brunswick Energy and Utilities Board (EUB) in favour of a regional regulator, stating, "And the success of that could bring on other collaborations, including a single systems operator."
- Holt indicated that there may be partnerships on various projects, stating, "Holt said that means there 'maybe partnership on some different projects that are becoming more of a reality.'"
- The Holt government was willing to explore the end of gas price regulation in New Brunswick.
New Brunswick Premier Susan Holt is exploring significant changes to the province's energy regulatory framework, including the potential end of the Energy and Utilities Board (EUB). This move could lead to a regional regulator and an independent electricity system operator, reshaping energy governance in the province.
Holt indicated that these changes could foster partnerships on various projects, stating, “there maybe partnership on some different projects that are becoming more of a reality.” The government is also considering the end of gas price regulation, reflecting a broader shift in energy policy.4
An independent review of NB Power has recommended a comprehensive review of the EUB, suggesting that a fundamental overhaul of the regulatory framework may be necessary. This aligns with Holt's vision for a more collaborative and efficient energy system in New Brunswick.
The potential changes signal a significant shift in how energy is managed in the province, with implications for consumers and the energy market as a whole. As Holt's government navigates these discussions, the future of energy regulation in New Brunswick remains uncertain but promising.
“An independent review of NB Power recommended a full review of the existing EUB, likely involving a fundamental overhaul of the regulatory framework. Additionally, the Holt government is considering the end of gas price regulation in New Brunswick, indicating a shift towards a more independent energy system.”
