TSXV:NKW.H - Post by User
Post by
BayWallon Jun 13, 2024 5:41pm
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Post# 36088109
Got a callback.
Got a callback.Got a callback from the CEO.
The change in wording in their MD&A:
Feb 16, 2024: The goal is to partner with First Nations and a significant company who can quickly engage in continuing the development of the project and ultimately be a successful part of the spring 2024 BC Hydro call and future calls as they are announced.
May 15, 2024: The goal is to partner with First Nations and a significant company who can quickly engage in continuing the development of the project and ultimately be a successful part of the many BC Hydro power calls to meet the growing demand for electricity in the province and particularly in NW BC.
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Seems from the above, may not bid for the 2024 power call. Then a comment about the 200MW max for this power call, offshore wind requires a greater amount to justify the economics. Have to get a large windfarm developer for the long-term on board with First Nation participation. Looking forward to some updates.
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Large electricity demand in the NW area. Mining, LNG, possible hydrogen, Ridley Island Energy Export facility wil require a fair amount of power.
Transmission line from Prince George to Terrace. To put deliver electricity into the NW area, where will it be sourced? Site C would barely cover the Fortescue Green Hydrogen project (1000MW) at Prince George. Need quite a few times Site C electricity. Even if decide to build, it may take 6-8years+.
Then some engineering talk. Electricity can flow both ways on a transmission line.
Promoting offshore wind as an viable option for the immediate region and beyond.