To facilitate the phase out of coal-fired electricity generation by 2030 and achieve net zero targets, the Governments of Canada, New Brunswick, and Nova Scotia have established a two-track approach to collaborative work on the clean energy transition.
Track 1 will address the phase out of coal-fired electricity generation by 2030. To achieve this, the provincial and federal governments will identify key investments needed to transition to a clean energy supply, including a modified Atlantic Loop between New Brunswick and Nova Scotia. Track 2 will address net zero targets by coordinating support for Small Modular Reactors in New Brunswick and Offshore Wind in Nova Scotia.
"This commitment from federal and provincial governments to work towards a cleaner grid built for the future is exactly the kind of action needed to reach our provincial and national targets," said Elisa Obermann, Executive Director at Marine Renewables Canada (MRC). "Offshore wind poses a huge opportunity for Canada, but to unlock that potential, a robust grid and market path is critical. This commitment is another step that will help ensure offshore wind and marine renewable energy overall can play an important role in Canada's net zero future."
MRC applauds this collaborative effort between the federal Minister of Energy and Natural Resources, the federal Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, the federal Minister of Housing, Infrastructure and Communities, the Premier of New Brunswick and the Premier of Nova Scotia, to foster clean economic growth. The association and its membership look forward to the collaborative work of this group on this important initiative.
Related Links
Federal and Provincial Government Policy Statement
About Marine Renewables Canada
Marine Renewables Canada is the national association for tidal, offshore wind, wave and river current energy, representing technology and project developers, utilities, researchers, and the energy and marine supply chain.
Since 2004, the association has worked to build the sector by advocating for supportive policies, identifying domestic and international business development opportunities for its members, facilitating collaboration amongst its membership and broader ecosystem, providing education and outreach, and disseminating market intelligence. As part of its focus on developing the sector, Marine Renewables Canada is active in catalyzing opportunities for how marine renewable energy can contribute to achieving net-zero goals through production of green fuels such as hydrogen, as well as displacement of diesel in remote communities and marine industries.
More at www.marinerenewables.ca
Media contact:
Lisen Bassett
Marine Renewables Canada
514-246-5798
lisen@marinerenewables.ca
