Ottawa announces $100M toward offshore wind projects in Nova Scotia
The Canadian federal government has pledged $100 million to support the 'Wind West' offshore wind project in Nova Scotia. This funding aims to accelerate development timelines and improve subsea data for potential bidders, with the project potentially generating significant electricity for the region.
Why it matters
This investment represents a major step in Canada's transition to renewable energy and infrastructure development in the Atlantic region.
Federal Energy Minister Tim Hodgson was bundled in a winter jacket and kept a tight grip on his speaking notes Thursday as a blustery Atlantic gale howled during his outdoor announcement for Wind West, which could become Canada's first offshore wind project.
If approved, the $60-billion first phase of the project could generate five gigawatts of electricity as early as 2033, well above the 2.4 gigawatts Nova Scotia needs to supply the entire province.
"Even at this level of ambition, the project could provide electricity for up to 1.5 million homes here in Canada," Hodgson said during a news conference on a wharf on the east side of Halifax harbour. "That's three times the number of homes in Nova Scotia and creates an incredible export opportunity for Nova Scotian Power."
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in