Canadian Hydro enters Great Lakes wind rush

Hamilton%2C%20Tyler45X64.jpgPosted by Tyler Hamilton
Ontario, so it seems, is leading the charge for offshore wind development in North America. Never mind that we’re not a coastal jurisdiction. This isn’t about the ocean, this is about the lakes. On Monday, Canada’s largest independent wind developer, Canadian Hydro Developers, announced that it was purchasing the rights to an “Offshore Wind Prospect” that has the potential to be a massive 4,400 megawatt, Windmills%20offshore150X109.jpgmulti-phase wind project. That would make it the largest offshore wind project in the world. Located along an 80-kilometre stretch in the middle of Lake Erie (on the Ontario side), the first phase of the planned developed — between 400 and 500 megawatts in size — is expected to be operational by the end of 2014.
Canadian Hydro purchased the rights from Wasatch Wind Inc. of Utah, and said it decided to get into offshore wind because of the feed-in tariff program in Ontario that pays 19 cents for every kilowatt-hour of power that comes from an offshore turbine. Kent Brown, CEO of Canadian Hydro — which is the subject of a hostile takeover bid from Calgary-based utility TransAlta Corp. — said his company’s offshore plans, on their own, should be enough to convince a foreign manufacturer to set up shop in Ontario. While it’s unlikely Canadian Hydro will be able to develop the full 4,400 megawatts, its entry into the field certainly brings momentum to the Great Lakes offshore wind energy rush.
Toronto-based developer Trillium Power is leading the pack. Its first project would be a 710 MW offshore wind farm in Lake Ontario, called the Trillium Power Wind 1, followed by three more projects that add nearly 2,900 MW to its pipeline. Trillium Power Wind 1 is likely to be the first major offshore wind project in the Great Lakes, and possibly North America. In fact, New Energy Finance says there’s nearer-term potential for development in the Great Lakes than on the coasts, and that Ontario is clearly shaping up to be a leader in offshore wind. Click here to read more of Tyler's post.

Submit a comment

Please leave your name, which will be used to sign your submission to the SCANsite. Thanks for contributing your thoughts. Come back again. Tony Patterson, Editor & CEO.

© 2006 - 2009 SCAN
INTEGRITY INTELLIGENCE INFORMATION
Site by Citadel Rock
SCAN