Post by
BayWall on Oct 31, 2023 6:46am
End of October
As the saying goes, October is the worst month for stocks, as are all the others.
I'm not an expert, just waiting for interest rates to drop. So far, the10 year US treasury note has not gone past 5%.
Green hydrogen production is expensive a critic may say. I can't find the link to the following paragraph. I only had it on my email draft.
Green Hydrogen can be generated using local renewable energy and BC Hydro’s clean hydro facilities. The important positives of this process is it can be used when the wind energy or Hydro energy is surplus to demand or when the spot market is very low, making green hydrogen less costly. As the carbon tax on hydro carbons increase to reduce the GHG emissions, Green Hydrogen will become more and more valuable.
Northland could pursue hydrogen or be a provider of renewable energy for others. I don't know why Northland acquired the rights to development of a windfarm in BC in 2020 when no new energy call was issuedat that time.
My guess, it takes time to get the permits, etc. So when the time does come (has it has now), things can come together faster to meet any deadline BC Hydro may have for new electricity requirements.