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Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company. The Company's primary business is the development of renewable energy projects.


TSXV:NKW.H - Post by User

Post by BayWallon Nov 24, 2022 11:44pm
200 Views
Post# 35127052

Where from the electricity?

Where from the electricity?Beginning to wonder if BC Hydro can supply the large demand that's coming. Is the answer blowing in the wind?

LNG Canada told The Narwhal it is setting the wheels in motion for its approved second phase, an expansion that would double production at the Kitimat facility.

The spokesperson said the LNG export project, as it is currently being built, has the lowest carbon intensity of any similar scale facility in the world.

“But if we can improve on that design, we will. That’s why we’re examining options to introduce additional electrification along the value chain in Phase 2, including at the plant site in Kitimat, which is already designed to take electricity from BC Hydro for certain power requirements.” 

The team looking into those options “will discuss with various parties, including governments and public agencies,” the spokesperson added.

Is B.C.’s $6 billion commitment to Coastal GasLink and LNG Canada still economically viable? (msn.com)

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As for hydrogen:

......a working group will examine how much and the type of energy needed to supply a hydrogen plant including how a Prince Rupert plant would fit in the global energy sector. (Electrolyzers require a lot of electricity and well as the storage of hydrogen/ammonia). Will this require a load interconnection line?

LNG for example; $82 million for a “load interconnection” project, according to B.C.’s recent budget and fiscal plan. That’s hydro-speak for a power line: the province is footing the bill to connect the LNG Canada plant to the grid.
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A lot of electricity will be demanded soon:

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