Overview
- Premier Tim Houston announced an eightfold increase in offshore capacity from 5 MW to 40 MW and urged Ottawa to share costs for a project poised to supply 27 percent of Canada’s electricity demand.
- A call for bids to install turbines capable of generating five gigawatts of electricity is expected as early as late 2025.
- Sierra Club Canada and the Ecology Action Centre offered conditional backing, calling for staged development to protect sensitive ocean ecosystems.
- A 2023 Public Policy Forum study identified Sable Island Bank as a prime site and estimated that a 15 GW build-out could create about 30,000 direct jobs annually.
- Officials face pressure to tackle energy poverty affecting 43 percent of households while balancing the interests of a $2.5 billion fishing industry that employs 19,000 people.