OWC Advised Future Canadian Offshore Wind Auction

Source: www.gulfoilandgas.com 11/7/2024, Location: North America

Renewable energy consultancy OWC was awarded a contract by Canada’s Ocean Supercluster and Marine Renewables Canada to provide technical advisory and analysis to set the framework for future offshore wind auction processes in the country.

Canada’s Ocean Supercluster is an industry-led, national consortium that brings together companies across different ocean industries including marine renewables, to accelerate the commercialization of sustainable ocean solutions. Marine Renewables Canada is a national industry association focused on advancing offshore wind and other marine renewables across the country.

OWC’s UK operations, based in Glasgow and London, managed the project, supported by OWC’s New York office and the Canadian operation of sister company ABL, a leading energy and marine consultancy with offices in Halifax and Calgary, and further presence in St John’s and Vancouver.

“With entrenched roots and a track-record in North America, combined with OWC’s global expert offering in offshore wind bid advisory, we are uniquely placed to provide recommendations for a robust and competitive auction process in Canada. Our knowledge of different processes, along with our market understanding, means that we can advise on a process which will support a long-term commercially viable Canadian offshore wind market.”

Jeff Fodiak, OWC’s Director of the Americas Region
The Province of Nova Scotia in Canada has a target for auction of 5 GW of offshore wind by 2030, with plans for the initial offshore wind auction to take place in 2025.

“We were pleased to help shape the parameters for future offshore wind auctions in Canada. We have extensive experience in advising clients around the world in preparing for offshore wind auction processes, with a successful track-record in Scotland, Taiwan, Australia and USA.”

Jeff Fodiak, OWC’s Director of the American Region
OWC is a global renewable energy consultancy specialising in technical due diligence, owner’s engineering, project advisory and engineering services, to support the grid-scale development of renewable energy technology onshore and offshore. The company is part of Oslo-listed ABL Group ASA.


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