The Nelson River hydroelectric development : a public utility investment affecting both regional and national development
Cline, John Alexander
This is a study of the decision to develop hydroelectric power on the Nelson River. An historical account is given of the events leading to the decision to develop the first site and an analysis is made of the economics of the project not only as they affect the public utility but also as they affect the regional and national interests. This study indicates the project to have both advantages and disadvantages. Before evaluating the advisability of the project a review is made of the experience in hydroelectric investment practice in the mixed economy of the United States. Thereafter, consideration is given to appropriate evaluation methods for Canada and the advisability of the project to develop the Nelson River was justified within the terms of reference of the criteria presently employed by the agencies involved, the procedure employed in evaluating such projects should be improved and a broader approach should be taken to regional development generally.