Northland Power Inc (Ontario) T.NPI

Northland's Crystal Ball

[BayWall]

Green Hydrogen. Even before the recent geopolitical event, the vision for green hydrogen was firmly established.

To have commercial scale production is expensive. However recent events added support for the industry, which assumes higher prices for natural gas and emerging energy security concerns as the new norms.

Northland's intent to participate in this industry is timely.

Governments have now included green hydrogen targets in their strategies for net-zero and for reducing dependence on Russian gas supply. 

Companies in heavy industries where emissions are hard-to-abate have announced in recent weeks major deals for green hydrogen. 

High Natural Gas Prices Could Lift Green Hydrogen Investment | OilPrice.com

[BayWall]

A lot of thought, consultations, public meetings, approval process and a deep look into the future is required here by Northland. But there also has to be demand and grid upgrades for this electricity. Has potential to become the world's largest offshore windfarm, even surpassing Orsted's future 2400MW Hornsea 3 project of the east coast of England. The multiphase project ultimately

[Dibah420]

 "The wind resource is truly one of the largest, strongest in the world," with a capacity factor near 60% on average "and 70% in many winter months.(Mike O'Connor CEO Oceanic Wind)" We are all waiting for some concrete results from Mr. Mike O'Connor. 'Tis a consummation devoutly to be wished.

[BayWall]

Yes, a lot of words spoken over the past 10 years by Mike. Can hear a pin drop now. Everything is confidential. Anyway, these are the turbines being placed in Hai Long by Northland. Impressive 15MW with power boost.   Hai Long offshore wind farm, Changhua County, Taiwan (nsenergybusiness.com)   SG 14-222 DD - SIEMENS GAMESA - PDF Catalogs | Documentation | Brochures

[BayWall]

Dibah420, I try to find things about Northland's projects online, So at least there's an avenue to a link. Otherwise it's only talk. The Hecate Wind project is a tough one to get info on the internet. Some public consultations and meetings took place. For example, here is a reference to an August 18, 2021 meeting. COAST Talks: Ocean Renewable Energy - Powering the Blue Economy

[BayWall]

There is a video  (August 18)  where John Wright speaks. Videos - COAST (canadacoast.ca) A lot of things have to align, but it's possible. Talks about domestic money going to finance overseas windfarms, when local opportunities could help to put investment capital to use in Canada. Talked about overlapping of provincial and federal jursidiction over the waters and causing