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From a press release<\/strong><\/p>\n\n\n\n HALIFAX:<\/strong> EverWind Fuels has announced the release of EverWind\u2019s Economic Impact Assessment on its Nova Scotia based green hydrogen and ammonia project (\u201cNova Scotia Project\u201d).\u00a0<\/p>\n\n\n\n EverWind is a pioneering developer of an Atlantic Canadian green fuels hub based across Nova Scotia & Newfoundland & Labrador, according to a release.<\/p>\n\n\n\n The Economic Impact Assessment, which was supported by Deloitte Canada, found significant economic and environmental benefits from EverWind\u2019s Nova Scotia Projec. <\/p>\n\n\n\n This will include the full green energy production cycle from renewable power generation (wind & solar) to green hydrogen-to-ammonia production.\u00a0<\/p>\n\n\n\n ADVERTISEMENT:<\/strong><\/p>\n\n\n\n [adrotate banner=”34″]<\/p>\n\n\n\n [adrotate group=”7″]<\/p>\n\n\n\n Economic contribution that will arise during the construction period for Phase 1 of EverWind\u2019s Nova Scotia Project were estimated to be:\u00a0<\/p>\n\n\n\n \u2022 Over $2.3 billion in Canadian GDP, with approximately half accruing to Nova Scotia Economic contribution during operations (post-construction) for Phase 1 of EverWind\u2019s Nova Scotia Project were estimated to be: <\/p>\n\n\n\n \u2022 Over $340 million\/year contribution in Canadian GDP, with the vast\u00a0 ADVERTISEMENT:<\/strong><\/p>\n\n\n\n [adrotate banner=”92″]<\/p>\n\n\n\n [adrotate banner=”31″]<\/p>\n\n\n\n [adrotate banner=’169″]<\/p>\n\n\n\n The EIA highlighted the following structural benefits:\u00a0<\/p>\n\n\n\n \u2022 Community and First Nations Benefits \u2013 EverWind\u2019s Mi’kmaq equity\u00a0 \u2022 The Nova Scotia Project will reduce CO2 emissions by an estimated 1.91 to 2.33 million tonnes each year (the approximate equivalent of taking 3 out of every 4 cars in Nova Scotia off the road).<\/p>\n\n\n\n \u2022 Energy Supply and Balancing for the Grid \u2013 The Nova Scotia Project is poised to deliver annual benefits of over $30 million to Nova Scotia\u2019s grid through load following, and ancillary grid services, and tariff payments.<\/p>\n\n\n\n \u2022 International Trade for Green Hydrogen \u2013 Point Tupper is considered to be an ideal location for green hydrogen and green ammonia exports to the largest global demand markets\u00a0<\/p>\n\n\n\n \u2022 Capacity Development and Innovation \u2013 The Nova Scotia Project will enhance Canada\u2019s green energy innovation, while supporting Nova Scotia\u2019s labour market. <\/p>\n\n\n\n ADVERTISEMENT:<\/strong><\/p>\n\n\n\n [adrotate banner=”206″]<\/p>\n\n\n\n [adrotate banner=”192″]<\/p>\n\n\n\n The study finds that the first phase of production may break the chicken-and-egg problem of hydrogen supply and demand and establishes further phases of growth and sustainability of project operations. <\/p>\n\n\n\n Future phases of the project, which include additional onshore and offshore wind development, are set up to generate further economic benefits to Canada and Nova Scotia.\u00a0<\/p>\n\n\n\n EverWind acknowledges the ancestral and unceded territory of the Mi’kmaq people, and we acknowledge them as the past, present, and future caretakers of this land, Mi’kma’ki. <\/p>\n\n\n\n Our work shares a core principle practiced by the Mi’kmaq: environmental stewardship. We are committed to working with the Mi’kmaq through consultation, engagement and delivering a comprehensive partnership on all aspects of the project.\u00a0<\/p>\n\n\n\n [adrotate banner=”71″]<\/p>\n\n\n\n [adrotate banner=”126″]<\/p>\n","protected":false},"excerpt":{"rendered":" [adrotate banner=”188″] [adrotate banner=”105″] From a press release HALIFAX: EverWind Fuels has announced the release of EverWind\u2019s Economic Impact Assessment on its Nova Scotia based green hydrogen and ammonia project (\u201cNova Scotia Project\u201d).\u00a0 EverWind is a pioneering developer of an Atlantic Canadian green fuels hub based across Nova Scotia & Newfoundland & Labrador, according to […]<\/p>\n","protected":false},"author":2,"featured_media":42756,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[957],"tags":[6154,50,121,6155,48],"class_list":["post-42754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-everwind","tag-halifax","tag-hrm","tag-hydrogen","tag-n-s"],"_links":{"self":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/42754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42754"}],"version-history":[{"count":0,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/42754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/media\/42756"}],"wp:attachment":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2022 Over 11,000 FTEs in Canada, with approximately half accruing to Nova Scotia
\u2022 Approximately $568 million in Government revenue, with approximately half accruing to Nova Scotia <\/p>\n\n\n\n
majority accruing to Nova Scotia\u00a0
\u2022 Approximately 900 FTEs1, in Canada, with the vast majority accruing to Nova Scotia\u00a0
\u2022 Approximately $37 million\/year in Government revenue, with the vast majority accruing to Nova Scotia\u00a0<\/p>\n\n\n\n
partnerships will enable sustainable business growth, employment, and training opportunities for local First Nations.\u00a0<\/p>\n\n\n\n