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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

Post by BayWallon Jan 14, 2024 4:45am
232 Views
Post# 35825668

Grid systems under stress

Grid systems under stressIt's when a grid system is under stress that planners finally notice. BC was mentioned earlier with drought conditions and large demand forcing BC Hydro to do a power call for greenfield renewable projects.

In Alberta, a cold snap had the system draining the reserves also. With both provinces, importing electricity was the only option left. But as time goes, even those who have excess power now, will come under their own stresses on the grid. So less to export.

Even Northland's solar projects in Alberta will help in the long term. A lot of planning and development for years to come, by all provinces regarding renewable energy. Windpower projects will be in the news for decades.

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Alberta's energy grid had as little as 10 megawatts in reserve power at one point on Saturday night, per the AESO supply demand reportAESO's supply demand report indicated Alberta was receiving 239 MW from B.C., Saskatchewan and Montana on Saturday night. (CBC News)
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