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Natural Resources committee We have significantly useful tidal reserves on the British Columbia coast, in New Brunswick, and in Nova Scotia. Smaller amounts may be in Newfoundland, and there are potentially some in northern Quebec and in Nunavut. Whether we can use the energy in the north is probably debata
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee It's not terribly well known. We are starting to engage more in public information efforts on wave and tidal energy. I have to say that I have done quite a number of talks to community groups over the last two to three years. The Government of Nova Scotia has held community and s
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee For tidal, obviously, as Mr. Marshall said, we have these daily cycles of the tide flowing in and flowing out, and between the tides there is a slack period. But it is very predictable. It is possible for us to think about a number of tidal installations throughout a geographic a
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee We've had some discussions with our opposite numbers in the U.K., and we have met with the utility and financial sectors. It's fairly clear that the financial decision-makers are confused about how the rules that will affect alternate energy all across the world are going to unfo
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee No. I think the reality is that the penetration of wind is going to be what drives the technology, the business, and the interprovincial, inter-utility business models. That will all have to be worked out for wind to move ahead the way it looks like it's going to in the next five
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee This is an adjustment to the accelerated depreciation and flowthrough provisions that now apply to wave and tidal energy. So it's the same fiscal treatment, and wave and tidal energy would be eligible for the 1¢ kilowatt hour, just like the other renewables. What we don't know ab
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee Again, I should have that in front of me. Those forecasts are in some of the documents we put together. In terms of the number of jobs and the capital costs of installation once this becomes commercial, we don't see that as being very different from the offshore wind industry tha
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee There is an interest. Some of the economic development people in Manicouagan and Trois-Rivières are looking at the possibility of actually using some of these tidal technologies in the rivers or in association with the dams. I had some informal discussions with a representative
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee It's not as big a number. Actually, I should have a number to give you, but I don't. We're looking at having, over the next decade or so, at maximum maybe 1,500 megawatts of capacity. So even if the power from that small amount of capacity is being paid for at a rate that is ab
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee I'm sorry about that. I can get carried away, I'm afraid.
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee The wrap-up is simply that it's an emerging sector led by emerging companies. The opportunity is both green energy and future energy jobs. We feel that deserves a strategic commitment. That's my story.
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee Yes, Long Beach, Vancouver Island, Saturday; Halifax on Monday. It's a small country, but we're all connected by technology. Thank you very much for the opportunity to include some thoughts on renewable ocean energy in your consideration of greening of electricity. If I'm doing
June 4th, 2007Committee meeting
Chris Campbell
Natural Resources committee I can hear you.
June 4th, 2007Committee meeting
Chris Campbell