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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 > Offshore wind has all the numbers
View:
Post by BayWall on Dec 20, 2024 8:29am

Offshore wind has all the numbers

Once all the technical stuff is sorted out, makes offshore wind more cost effective and reliable.

1. "Utilization rate" of onshore wind in BC. Only 39%. I assume higher for offshore.

2. "Gross capacity factor", which offshore wind surpasses onshore. (60%+ for Hecate vs 35-45% onshore).

3. "Power production" of Hecate would be around 97% of the time. Onshore wind is much less.

Nice to see geographic diversity in the latest Power Call. Helps with the reliability.

The article below that new proposals for LNG exist. Need a lot of electricity.

British Columbia gets more power
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