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Northland Power Inc T.NPI.P.A


Primary Symbol: T.NPI Alternate Symbol(s):  NPIFF | T.NPI.PR.A | T.NPI.PR.B | NPICF

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas and renewable resources such as wind and solar. The Company’s segments include offshore wind facilities, onshore renewable facilities, efficient natural gas facilities, and utilities. It operates both onshore and offshore wind facilities in Canada and Europe, with a total annual production of more than 5,000 GWh. It has about 13 ground-mounted solar projects in Canada. The Company’s natural gas facilities use turbines to produce electricity. The Company also has an inventory of projects under construction and in various stages of development encompassing over 15GW of potential capacity.


TSX:NPI - Post by User

Post by BayWallon Nov 10, 2023 2:52pm
75 Views
Post# 35729105

It's years away, but

It's years away, butBased on Mike's comments at 29:20 of today's Q&A, the company will keep some staff with green hydrogen knowledge and who will also keep on top of market trends, as this is a fast growing industry.

The company doesn't rule out providing electricity too those who wish to produce green hydrogen. Either existing or new windfarms could be utilized.

These operations take a large amount of electricity. 1GW for 70,000 tonnes of hydrogen in Quebec. Also a Nova Scotia project which could prodcue up to 350,000 tonnes, would require 5GW. And this is only the beginning. BC talks about green energy hydrogen hubs being built.

Somewhere in all of the there must be a place for Northland to provide windpower.

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