ABB_id2059
in News Departments > New & Noteworthy
print the content item

The Renewable Energy Industry Association of Nova Scotia (REIANS) has requested that Premier Rodney MacDonald consider implementing the Standard Offered Contracts (SOC) for renewable energy from wind, solar, biomass and other sources for the province.

SOCs offer pre-fixed and fair "feed-in tariff" fees to be paid by all utilities for renewable energy to support government renewable energy policy initiatives. In March 2006, Ontario adopted SOCs for projects under 10 MW of installed capacity that offer 20-year rates of 11 cents/kW for wind power and 45 cents/kW for either commercial or domestic solar projects. REIANS is requesting the rates of pay for Nova Scotian SOCs to be equal to or greater than what is being paid in Ontario, the association says.

In its letter to the premier, REIANS notes that by adopting the standard, Nova Scotia would enjoy economic opportunities such as job creation, capital investment and related spin-off benefits that SOCs would foster. REIANS adds that it would support a reliable, sustainable electricity supply, a reduction in Nova Scotia's dependency on imported fossil fuels and help Canada meet its Kyoto commitments.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015