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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 Sep 07, 2023 8:51am
139 Views
Post# 35623654

Logistics, Subsidies and the taxpayer

Logistics, Subsidies and the taxpayerBesides inflation, supply chain bottlenecks and the adequacy of subsidies, renewable energy projects also run into logistical headwinds.--Germany's wind power expansion stalls on the roads (msn.com)

B
ut is it not the same for hydro dams and oil pipelines. How many of these have ever come under budget due to unforeseen logistical challenges? Trans Mountain Pipeline, Site C dam (extra work required to address geological issues), Muskrat Falls (generating units must be dismantled). Project cost of all at least double what was first estimated.

Logistics will enter the picture again, when grid lines must be ungraded/or new ones built to accommodate the flood of new renewable energy output. Who will foot the bill for billion dollar transmission lines?

The reasonable charge on the electrical bill doesn't tell the whole story. Taxpayer pay their share also.

Anyway, I think the US will work things out with subsidies, etc. Feed in Tariffis were first introduced  in 1978 under President Carter to spur new constructuion of windfarms and solar. The idea still is around today.


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