On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro examines the potential for #offshorewind in Canada after the recent election which reaffirmed Mark Carney as the Prime Minister. His vision to invest in infrastructure and have Canada become and "energy superpower" has every potential of succeeding given the outright hostility from the United States towards energy technologies including #renewableenergy. Newfoundland & Labrador has ~70 GW of technical potential that can be exploited and Nova Scotia has recently increased their target for permitting to 40GW, with 5GW to start the permitting process before the end of 2025. Canada needs ~CAD$1 billion in port infrastructure improvements and supply chain developments to fully exploit the country's technical potential. Grid infrastructure also needs more work, with the possibility of a CAD$24 billion nationally interconnected grid system that could provide a welcomed market balancing capability. Have a listen today, and get in touch with your best questions about Canada or any other country around the world. This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/grfixJn
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