PurchasingB2B

Atlantic provinces tap into wind energy


June 23, 2009
by Purchasingb2b staff

The Canadian Wind Energy Association (CanWEA) is applauding plans by the government of New Brunswick to buy 100 MW of wind energy capacity.

The province aims to secure 400 MW of wind-energy generation capacity by 2010. According to CanWEA, a non-profit association, the Atlantic provinces are set to become a wind energy export powerhouse; selling capacity to the American Northeast.

The 100 MW of wind energy currently being sourced by New Brunswick will result in hundred of millions in investments and job creation. It will also produce enough electricity to support 15,000 homes, the association reported. It’s promoting wind energy as a major industrial development and economic stimulus opportunity for Canada.

Between now and 2020, about $1 trillion will be invested in wind energy facilities worldwide, it noted. CanWEA wants to see 20 per cent of the country’s electricity needs served by wind energy by the year 2025, resulting in $79 billion in new investment, the creation of up to 52,000 new "green collar" jobs, and more than $165 million in new revenues for municipalities, many in rural areas hit hard by traditional resource declines.

—Photo courtesy of Canadian Wind Energy Association (CanWEA)