![]() ![]() It further aligns with the region’s net-zero commitments to accelerate the phase-out of coal-fired electricity by 2030. These projects provide developers with a pathway to reduce costs en route to commercial projects, with a regulatory framework in place to deliver up to 300MW of installed capacity. Nova Scotia has allocated about 30MW of capacity via demonstration permits and berths at the Fundy Ocean Research Centre for Energy for developers to demonstrate the effectiveness, cost and environmental effects associated with this form of energy generation. The project has enabled Sustainable Marine to gradually acquire skills and resources to deliver turnkey projects, including a multipurpose construction vessel called the Tidal Pioneer, and a suite of next-generation, remotely operated subsea installation machines supporting our novel Swift Anchors technology.” ![]() “It crystalizes the journey we’ve been on, following almost a decade of rigorous research, development and testing. “Achieving ‘first power’ to the grid from our new platform in Grand Passage (Digby County) signals a real inflection point for our business,” said Hayman in a news release issued Wednesday. Sustainable Marine CEO Jason Hayman said it marks a milestone for the company and Canada’s broader marine energy ambitions, demonstrating that the Bay of Fundy’s tidal energy resource can be effectively harnessed to provide up to 2500MW of clean, predictable energy. Ocean energy firm Sustainable Marine says it has harnessed the tidal currents in the Bay of Fundy, delivering the first floating in-stream tidal power to Nova Scotia’s grid. ![]()
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