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Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.


TSXV:NKW.H - Post by User

Post by BayWallon Jun 30, 2023 10:43pm
271 Views
Post# 35523286

Grid Connection Costs

Grid Connection Costs
The BC Hydro CEO added that renewable prospects like tidal and offshore wind likely won’t be scaled up due to the costs of connecting those generation types to the grid.

Can Federal  tax credits be utilized for building transmission infrastructure for connection to a provincial grid?  The Hecate project has access to BC Hydro's power grid, according to Oceanic's MD&A,  once the undersea cable comes ashore.
 
 
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