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Nova Scotia Estimates Initial Capital Cost of Wind West at $60 Billion
Nova Scotia's Wind West project aims to deliver 15 gigawatts of offshore wind energy by 2040, reducing costs with federal tax credits and financing, while involving Indigenous communities.
- Nova Scotia released a document on September 12, 2025, estimating the Wind West offshore project's initial capital cost at $60 billion.
- The project follows years of collaboration between Nova Scotia and Ottawa to establish a regulatory framework and seeks formal federal designation.
- Construction is scheduled between 2031 and 2033, with the province aiming to authorize offshore wind projects totaling five gigawatts by the year 2030, and to have 15 gigawatts operational from 2033 through 2040.
- The plan allocates $40 billion to wind farms and $20 billion to transmission lines, with costs lowering from $240 to $170 per megawatt-hour through federal tax credits and financing.
- Premier Tim Houston called the project 'economic hope' for the province, while Ottawa pledged to support development and enable investments, permits, and approvals.
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12 Articles
Nova Scotia estimates initial capital cost of Wind West at $60 billion
HALIFAX — A Nova Scotia government document on the proposed initial phase of the Wind West offshore project pegs the capital cost at $60 billion. The estimate is contained in the document released Thursday, following Prime Minister Mark Carney’s announcement that Ottawa is prepared to work with Nova Scotia to ramp up the ambitious plan. […]
·Toronto, Canada
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Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center1Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
14%
14%
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