Nuttby Mountain Wind Energy Project, Canada

Nuttby Mountain Wind Energy Project is a 50.6MW onshore wind power project. It is located in Nova Scotia, Canada. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in November 2010.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	50.6	50.6	–	Active	Nova Scotia, Canada	Nova Scotia Power

Description

The project is developed and owned by Nova Scotia Power.

The project supplies enough clean energy to power 15,000 households. The project cost is $114.46m.

Development Status

The project is currently active. The project got commissioned in November 2010.

Power Purchase Agreement

The power generated from the project is sold to Nova Scotia Power under a power purchase agreement.

Contractors Involved

Enercon was selected as the turbine supplier for the wind power project. The company provided 22 units of E-82 E2 / 2,300 kW turbines, each with 2.3MW nameplate capacity.

About Nova Scotia Power

Nova Scotia Power Inc (NSP) a subsidiary of Emera Inc is a electric utility that provides electricity distribution services. The utility uses a fuel mix including hydro, tidal, wind, coal, oil, biomass and natural gas to generate electricity. It offers a range of home heating options, including water heaters, air source heat pumps and electric thermal storage products installed by a network of manufacturers, contractors and installers. It provides transmission and distribution services. NSP also generates electricity from local, imported, and renewable fuels, and transports it through transmission lines. The utility serves residential, commercial and industrial customers. NSP is headquartered in Halifax, Nova Scotia, Canada.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.