TSXV:NKW.H - Post by User
Post by
BayWallon Feb 25, 2024 4:53am
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Post# 35897650
Time will tell
Time will tellThe main points and I will leave it at that.
1. Major partner required;
2. Competitive bid;
3. Strong First Nation partnerships.
Many power calls coming and peak, high capacity factor production during winter months is favoured by BC Hydro. Offshore wind wins over onshore in this respect. BC Hydro's own charts show how power production drops off significantly during winter with onshore installations, both run of the river and wind. Offshore wind will get premium prices.
Green hydrogen projects are large users of electricity. Avoids natural gas issues (fracking, etc).Turbines running on 100% hydrogen, good chance in the near future. Electrolysis process generates a lot of heat. Maybe could use in greenhouse applications.
Originally, the project was for 400MW. (For the economies of scale). The next power call max 200MW BC Hydro says. So who will do the offtake for the rest until the next power call?
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Critical milestones have to come together for a successful bid. It's encouraging that BC Hydro reached out over the past 6 months to discuss things in detail and solicited input from all. On their part, BC Hydro will be building new transmission lines in strategic areas.
I don't know much about the climate change vs temporary weather pattern debate, but people are engaging the topic. Drought, heat domes, impact on fisheries, etc. Where I live, lower snow/rain precipitation is noticable over the past 60 years.
Got to all work together now. Don't want to say, "didn't see that coming".