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Northland Power Inc (Ontario) T.NPI

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

Utilities Utilities - Independent Power Producers
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

Northland Power Inc (Ontario)
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Post by BayWallon Feb 25, 2023 9:52am
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Post# 35305065

General Topic

General Topic
If Northland goes into offshore wind  in Canada, maybe with floating wind-farms. More expensive at the moment than fixed bottom types, but with less marine disturbance. On the west coast where sensitive ecosystems exist, placing turbines in deeper waters away from bird migration routes and fishing areas may be the way to go.

No noise disturbance on marine life, whereas with fixed bottom have to drive the monopiles into the sea bed. Also impact of earthquakes on the west coast will be greatly reduced. Wind speeds are greater also in deeper water. 

Still in its infancy, but eventually Northland will develop a floating wind-farm in Scotland.

In the US the push is on--Offshore wind, but make it float - POLITICO

14MW turbines on floating structures was unheard of a few years ago. Photo below of how such structures would look.
 
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