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Ottawa to announce $100 million toward offshore wind projects in Nova Scotia
Ottawa also plans $5 million for wind-measurement buoys and $3 million for transmission studies to help attract investors ahead of winter 2027 bids.
On Thursday, Federal Energy Minister Tim Hodgson announced a $100-million federal commitment to develop offshore wind energy in Nova Scotia, aiming to attract private investment for the Wind West project.
The Wind West project's first phase is estimated to cost about $60 billion and produce five gigawatts of power by 2033, with $40 billion allocated for turbine infrastructure and $20 billion for transmission lines.
Ottawa is committing $5 million to deploy buoys measuring wind speeds and ocean conditions, plus $3 million for transmission modeling to Quebec and Ontario and underwater survey work.
Nova Scotia Premier Tim Houston and Justice Minister Sean Fraser attended the announcement, supporting the province's ambitious goal to license 40 gigawatts of offshore wind capacity.
Marine Renewables Canada notes that nearly 30 countries have already installed offshore turbines, with thousands now generating more than 30 gigawatts of power in the North Sea alone.