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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

Oceanic Wind Energy Inc > Something in the wind
View:
Post by BayWall on Jun 14, 2024 6:54pm

Something in the wind

I forgot to ask Mike how offshore can be cost competitive with onshore wind.

Also there are a few none quantitative factors involved such as producing electricity during the Fall and Winter months which could be given credit for.

A world class developer joining news, would be welcome. Will see.

If have to wait for the next power call, it's time to set the wheels in motion. Could assume then, that a project has a chance of being competitive. A developer would know the costs, timeline and what is required.

Don't know if the Federal Gov't has detailed the tax breaks for developing renewable energy.
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