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Northland Power Inc T.NPI.PR.B


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

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. The Company’s natural gas facilities use turbines to produce electricity. It owns or has an economic interest in approximately 3.4 GW (net 2.9 GW) of operating capacity. The Company also has an inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. It operates power infrastructure assets in Asia, Europe, Latin America, and North America.


TSX:NPI - Post by User

Post by BayWallon May 15, 2023 8:30am
144 Views
Post# 35447924

Biogenic carbon capture

Biogenic carbon captureNothing to do with NPI, but interesting topic. Capturing biogenic carbon, commerically viable. Orsted signs deal with carbon storage company. Orsted still burns straw and woodchips for electricity.

By capturing the biogenic carbon from biomass-fired combined heat and power plants and storing it underground, it is possible to not only reduce, but also remove CO2 from the atmosphere, as biogenic carbon from sustainable biomass is part of a natural biogenic carbon cycle. Thereby, you create negative emissions.
 
In direct support of this new project, Microsoft has agreed to purchase 2.76 million tonnes of high-quality, durable carbon removal over 11 years from the capture and storage of biogenic carbon from the Asns Power Station. This represents one of the world's largest carbon removal offtake agreements by volume, to date.
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