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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 > Possible way forward
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Post by BayWall on Jun 21, 2024 12:28am

Possible way forward

The 200MW project size constraint in the current BC Hydro Power Call could be addressed this way. A green hydrogen example below which can use a lot of electricity. Twinning of transmission line from Prince George to Terrace could take 8-10 years. Working directly with First Nations could be an option---

Potential hydrogen producers face one barrier, the ability of B.C. Hydro to supply the power needed to produce the fuel.

One way of dealing with that is to encourage independent power producers using wind or renewable methane and to work with First Nations, Pucci said.

 

"Staff are in the process of building an environment where independent power can occur in the Terrace area in order to overcome BC Hydro's capacity issues," Pucci said.

 

Terrace eyes hydrogen fuel potential - Haida Gwaii Observer

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