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ARTICLE · 17 OCTOBER 2017

Proposed Amendments To Increase Innovation And Development In Marine Renewable Energy Sector

Aird & Berlis LLP
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The proposed amendments to the Act are the most recent step in the province's stated efforts to be a global leader in the emerging industry of marine renewable energy.

CanadaEnergy and Natural Resources
David Stevens
David Stevens
Rebecca Hines
Rebecca Hines
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On October 5, 2017, the Government of Nova Scotia announced that it will amend its Marine Renewable-energy Act to make it easier for tidal technology developers "to assess innovative, lower-cost tidal energy technologies" and bring their technologies to market faster. The amendments are also intended to make it easier for developers to sell the electricity generated by their tidal turbines. As we discussed in a previous post, the province introduced the Marine Renewable-energy Act on April 29, 2015, to implement its Marine Renewable Energy Strategy and encourage the development of marine renewable energy technologies in relation to tides, waves, ocean currents and offshore winds in designated areas. The proposed amendments to the Act are the most recent step in the province's stated efforts to be a global leader in the emerging industry of marine renewable energy.

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