Bioenergy, Geothermal, Hydropower, Project Development, Solar, Wind Power

Nova Scotia Plans Renewable Electricity Expansion

The recent mandatory renewable electricity targets as set forth by the government of Nova Scotia state that by 2013, almost 20% of Nova Scotia’s electricity will be generated by renewable energy.

The new regulations will cause Nova Scotia’s current installed wind capacity base of 49.26 MW to significantly increase over the next three years. The move to only allow bids for renewable energy projects from independent power producers during the first target period was applauded by the Canadian Wind Energy Association (CanWEA). However, although the new regulations are widely supported by its membership, CanWEA raises a cautionary concern related to the gravity of the severe financial penalties for noncompliance. “The significance of the potential penalties for noncompliance should encourage electricity providers to obtain renewable energy at levels that exceed the mandated requirements to minimize any risk of penalty,” said Sandra Schwartz, Policy and Government Relations Director for CanWEA. “If positive steps are not immediately taken to recognize and respond to this penalty exposure, the cost of renewable energy provided to Nova Scotians may unnecessarily and sharply increase.”