Lori Clark on Leading NB Power Through a Time of Transformation

This week on Our Insights Podcast, we sit down with Lori Clark, the first-ever female CEO of NB Power, to explore the future of energy in New Brunswick. Appointed in July 2022, Clark brings nearly 30 years of experience within the utility to a leadership role marked by major infrastructure and sustainability challenges. 🔊 Listen now to gain insights into:The future of Point Lepreau Nuclear Generating Station, whose license expires in 2032, and the critical decision to refurbish or replace the plant that supplies 700 MW to the provincial grid.The urgent repair needs of the Mactaquac Dam, which provides 20% of New Brunswick’s renewable energy and faces a $7.6–$9 billion overhaul due to premature cement issues.Plans to transition the Belledune coal-fired plant to biomass by 2030, with a projected cost of $100 million.The development of a new natural gas generation facility by the private sector to support renewable energy reliability.NB Power’s strategy to balance affordability, sustainability, and reliability for ratepayers amid these major shifts. 🎙️ Clark offers a candid and comprehensive overview of NB Power’s roadmap, the challenges ahead, and the leadership required to navigate a rapidly evolving energy landscape.