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Northland Power Inc T.NPI

Alternate Symbol(s):  T.NPI.P.A | T.NPI.P.B | NPIFF

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 Mar 16, 2023 10:22am
92 Views
Post# 35342274

Hydro or hydrogen?

Hydro or hydrogen?Posting this because Northland could be involved in projects on BC's north coast. Power is required to the Prince Rupert area. BC Hydro is asking for input into future power requirements from mining, green hydrogen, LNG, etc. Until April 15th.

It costs a lot and 10 years to build new a transmission line into the area. Co-ownership of grid infrastructure, whether with First Nations or companies, is also being considered.

BC Hydro---water power. But the governemnt is leaning to new sources of electricity. Wind and maybe even green hydrogen to power industry. etc.  Will require back-up power for wind farms. Could green hydrogen play a role for industry's electrical needs until a new transmission line is built?

The government will also launch a task force within BC Hydro to speed-up the electrification of the provincial economy with a focus on renewable energy. 

Environment Minister George Heyman says the new framework ensures industry is under "strong" emissions reduction requirements, while allowing it to seize upon opportunities to use emerging clean energy technologies. 

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