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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 Nov 28, 2024 10:57pm
39 Views
Post# 36336714

Drought + increasing demand for electricity = more imports.

Drought + increasing demand for electricity = more imports.
Appears like drought conditions exist in BC, Manitoba and Quebec. This is not a one province phenomenon.
 
U.S. electricity exports to Canada have increased since September 2023 - U.S. Energy Information Administration (EIA)

In BC, demand will increase 15% by 2030 in BC is the usual statement. But this doesn't include demand from future green hydrogen projects which use large amounts of electricity.

The need for large utility scale windfarms close to the demand for renewable energy is needed. Oceanic has been saying this for many years. A penny stock which can see the future, while others can't.


 
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