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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 Apr 17, 2023 6:47pm
150 Views
Post# 35399379

Biting off more than can chew.

Biting off more than can chew.A lot of talk at the recent G7 conference. The ambitious targets/dates I doubt will be met.  Lack of expensive infrastructure to carry all that power. Someone has to build that. Maybe give tax credits for companies to do so. Otherwise it's up to provincial utilities to do so.

That alone may take 10-20 years to build by the time permits, approvals, environmental assessments, etc are done.

And what will back up all this renewable energy?

Green hydrogen/ammonia. Can't other countries simply build their own? Otherwise have to build expensive port facilities and shipping costs. Does Northland even know what they are getting into?

With the large amount of renewable power requirements, countries can't continue to build 10,000's of wind turbines. Floating windfarms way out in the ocean would be expensive.

Build more nuclear others say. We are talking decades before any sustainable baseload is accomplished.

Not going to see mega dams anymore by the sound of it.


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