The member is accurate in that this is the first project of what we hope will be many. Our licence is not restricted to the energy from one project. We expect that our licence will enable projects throughout Nova Scotia to be developed, and not just wind, but solar and battery projects as well, as we grow.
One of the main reasons we focused on the renewable-to-retail program was that previous procurements for renewable energy are few and far between. There was a period of almost 10 years where we didn't install any wind turbines in Nova Scotia. Our licence will allow for more consistent and frequent development of wind farms. Our goal is to have new energy generation coming online each year so that new customers can continue to switch over to renewable energy.
Moving forward, the ability to have a fully renewable energy-based electricity system is something that is going to be in demand throughout the world as countries and regions transition away from fossil fuels. We don't have to look far into the news these days to see the strain on inflation and on economies with increasing fossil fuel prices. Every country in the world has renewable resources that it can develop, and the knowledge and skills associated with generating and delivering renewable energy, balancing renewable energy and aligning renewable energy with the needs of customers are going to be in demand throughout the world.
One of the founding prospects of Roswall is to continue not only to push for more renewable energy in Nova Scotia, but to export our experience to places around the world that are just beginning their journey away from fossil fuels.