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Bullboard - Stock Discussion Forum Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s):  NPIFF | T.NPI.PR.A | T.NPI.PR.B | 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... see more

TSX:NPI - Post Discussion

Northland Power Inc (Ontario) > Versatile hydrogen
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Post by BayWall on Apr 17, 2023 9:45pm

Versatile hydrogen

A interesting scenario whereby don't require precious hydro to back up windpower--Hydrogen can also be used as a way to store energy from intermittent renewable sources, which are intermittent -- the sun isn’t always shining and the wind isn’t always blowing. Instead, utilities can convert the excess energy into hydrogen and then use it for energy later on, as an alternative to battery storage.

Hydrogen “can be stored underground for as long it needs to be, much the same as natural gas, and on a seasonal basis,” Jake Stones told CNBC.

Story by Cathy Clifford Jan 6, 2022.

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