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Northland Power Inc (Ontario) T.NPI.PR.B


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

Comment by masfortunaon Oct 23, 2023 9:15am
103 Views
Post# 35695946

RE:Fossil Fuels Popular

RE:Fossil Fuels Popular
BayWall wrote: Transition to renewables will continue, but in the meantime:

Exxon buying Pioneer Natural Resources for $58 billion.

Chevron buying Hess for $53 billion.

LNG Canada near completion. Maybe Phase 2 will be approved. Looking at electrifying some new projects.

Trans Mountain pipeline progressing.

Exploration on Equinor's $12 billion offshore light crude (300 million barrels est.) project off Newfoundland continues.

Qatar Energy and Exxon drilling for oil and gas off Newfoundland.

Oil & gas will be in the vocabulary for many decades. Transition is not easy as some have made it out to be.


 
Well no kidding.  Ok Bay just for arguement's sake. Do you drive an electric car and, if not,  is your car an suv, van, truck? Are you heating your house with electricity and/or solar power? Did you reduce the rampant consumerism in your lifestyle (i.e. upgrading your 2 year old cellphone because it's important to have a phone that looks new so you can feel important).

In order to meet the requirements, to go "net zero" we pretty much need to live like we did 1000 years ago. Interested???
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