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Bullboard - Stock Discussion Forum 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 Discussion

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Post by BayWall on Feb 02, 2022 9:42pm

Mystery

20 years have passed since the idea of an offshore windfarm was conceived. 

So here we are today. Talk of a hydrogen hub. LNG projects lukewarm, but still alive. First Nations taking the initiative. I notice a lot of talk about this region industrial-wise, but it's talk. The Golden Triangle to the north. BC Hydro already did a transmission line through the region.

Kitimat LNG stopped, but BC Hydro said it has enough power for that also if and when an interconnection is upgraded.

KSI Lisims LNG will have plenty of power from BC Hydro.

So what are Northland/Oceanic pursuing which is regional in scope? It can't be a simple plan as everything has to tie into BC Hydro grid and have back-up provisions. A 600MW project, plus the initial infrastructure.... at least a billion dollars?

And can electricity be provided at a competitive industrial rate to end users.

Worth waiitng for, if only for the curiousity.
Comment by BayWall on Feb 03, 2022 5:49am
KSI Lisims LNG idea was thought about 10 years ago. It takes time, just like with the windfarm Northland is pursuing. Piles of douments, early public engagement, engineering stuff, benefit for other First Nations and so forth. LNG's of any size and large windfarms don't go up over-night especially in sensitive ecological areas. Specific destinations for windfarm electricity or LNG are ...more  
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