Prevailing Winds: Regulatory Frameworks and Commercial Realities for Developing Wind and Green Hydrogen Projects in Nova Scotia and Newfoundland and Labrador
Government and industry in Nova Scotia and Newfoundland and Labrador are displaying increasing enthusiasm for onshore and offshore wind projects as well as associated development of green hydrogen resources. There are possible gaps between the commercial realities of wind-related development and both existing and proposed regulatory regimes in comparison with select international offshore regimes. The regulatory context and the makeup of the electrical grid in Nova Scotia and Newfoundland and Labrador have both parallels and distinctions, providing for differing trajectories when it comes to the development of onshore wind, offshore wind, and green hydrogen. More mature wind and hydrogen regulatory regimes within the European Union provide indicators of challenges that may be faced by both provinces as each try to rapidly pursue wind and green hydrogen development.
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