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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 Apr 04, 2024 5:39pm
55 Views
Post# 35971479

More power calls coming

More power calls coming
This will be the first in a series of calls for power, as BC Hydro requires more power to electrify B.C.’s growing economy and meet the Province’s climate targets. BC Hydro expects its next call to be issued in 2026, with successive calls to be issued approximately every two years.
 
 
First time I noticed that location will be a criterion.
 
BC Hydro president and CEO Chris O'Reilly said the competitive process will take a bid's location and what time of year they produce power into account.

Global News April 3, 2024


Echoes Oceanic's statement (MD&A) "...ideal location... proximity to the increasing electricity demand." and "...the wind is strongest and most consistent in the fall and winter when electricity demand is the highest."
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