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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 Mar 07, 2022 9:56am
95 Views
Post# 34489968

Transition to renewables takes time

Transition to renewables takes time
Maybe revising energy policies for development of renewable energy will have to be discussed by the provinces and Federal Gov't, but all have to work together despite energy being the regulatory domain of the provinces.
 
$130 oil! Common sight years ago in the Bakkan Formation Sask/North Dakota.
 
 
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Fossil fuels in demand. The lignite coal power plant to the east still operating. It's got carbon capture, but still will need to be decommissioned in the future. Helped out Texas last year with about 160MW when their power grid/windfarms came under stress.
 
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From the fossil fuels above to the future:On April 28, 2017, Northland Power had announced full completion of 600MW Gemini offshore wind farm, on the North Sea. The project was completed ahead of schedule and under its total budget of €2.8 billion.
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