Appreciate the article Gina. We cannot monetize these assets until our government leadership acknowledges and understands their value. I was hopeful that Holt, with her experience in economic development, would want to leverage the province's and the region's assets for economic gain, but nothing has changed within the ranks of our civil service to indicate that is happening. You have hit at least one proverbial nail on the head - a lack of understanding of the opportunities these assets represent and what is required to bring their potential to fruition continues to dumbfound our leadership and government workers who are responsible for creating the framework from which to monetize them. Atlantic Canada should be the perfect sandbox to build and trial frameworks and solutions for the world - we have what others need - we just haven't bothered to acknowledge it, which is our loss.
Cheers Meaghan. I will certainly be trying to tease out some answers or suggestions of who could - or should - be doing what to capitalise on our assets. I'm certain there are plenty of sophisticated Atlantic Canadians who would have strong opinions on the matter. And I am absolutely open to ideas and suggestions to follow up.
Thanks Mike, that’s a generous compliment. And I agree: Scotland’s CfD is definitely what what made its tidal power financeable at scale. I decided to focus this introductory piece on taxonomy and market architecture because, without legibility, there is nothing for capital to price. But you’re 100% correct: CfDs and structured offtake turn frameworks into deployed projects. I suspect that will be within the next layer of the discussion. Thanks so much for reading - and writing.
Appreciate the article Gina. We cannot monetize these assets until our government leadership acknowledges and understands their value. I was hopeful that Holt, with her experience in economic development, would want to leverage the province's and the region's assets for economic gain, but nothing has changed within the ranks of our civil service to indicate that is happening. You have hit at least one proverbial nail on the head - a lack of understanding of the opportunities these assets represent and what is required to bring their potential to fruition continues to dumbfound our leadership and government workers who are responsible for creating the framework from which to monetize them. Atlantic Canada should be the perfect sandbox to build and trial frameworks and solutions for the world - we have what others need - we just haven't bothered to acknowledge it, which is our loss.
Cheers Meaghan. I will certainly be trying to tease out some answers or suggestions of who could - or should - be doing what to capitalise on our assets. I'm certain there are plenty of sophisticated Atlantic Canadians who would have strong opinions on the matter. And I am absolutely open to ideas and suggestions to follow up.
https://nationalpost.com/opinion/new-brunswick-sits-on-an-ocean-of-natural-gas-its-now-importing-australian-lng
Thanks Mike, that’s a generous compliment. And I agree: Scotland’s CfD is definitely what what made its tidal power financeable at scale. I decided to focus this introductory piece on taxonomy and market architecture because, without legibility, there is nothing for capital to price. But you’re 100% correct: CfDs and structured offtake turn frameworks into deployed projects. I suspect that will be within the next layer of the discussion. Thanks so much for reading - and writing.