Ottawa to announce $100 million toward offshore wind projects in Nova Scotia
The Canadian federal government is investing $100 million into the Wind West offshore project in Nova Scotia to accelerate development and improve data collection. The project aims to generate significant renewable energy, potentially powering 1.5 million homes by 2033.
Why it matters
This investment represents a major step in Canada's transition to renewable energy and infrastructure development for offshore wind power.
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."
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