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Northland Power Inc (Ontario) T.NPI

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

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, natural gas facilities, and utilities. The Company’s natural gas facilities use turbines to produce electricity. It owns or has an economic interest in approximately 3.4 GW (net 2.9 GW) of operating capacity. The Company also has an inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. It operates power infrastructure assets in Asia, Europe, Latin America, and North America.


TSX:NPI - Post by User

Post by BayWallon Oct 10, 2021 5:02am
216 Views
Post# 33992876

Floating Windfarms

Floating WindfarmsI guess it comes to cost. Cost parity with monopile installation not expected until at least 2030.

The overall higher costs for the floating concepts are mainly due to the large floater which requires a large mass of steel. But then when comes time to decomission, it's easy to remove and leaves no trace.

This is the way of the future. Can get well into the ocean and far away from eyesight. 

Just thinking about the potental in Canada. I'm sure Northland will be there when the time comes.
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