The Scotian WindFields project is a wind energy development project driven by the economic return
characteristics of Nova Scotia ’s wind energy resources. The project is a Joint Venture between
the Operator RESL and the citizens of Nova Scotia , whereby Nova Scotians are able to participate
in the development of their wind energy resource as owners and capital participants. The joint
venture operating structure is used routinely during exploration for and exploitation of oil,
natural gas and hard rock minerals. In a typical resource development joint venture the individual
owners agree to share, as tenants-in-common, all of the costs, risks and rewards of the joint venture
in accordance with a pre-agreed participation schedule. This model has not been widely used in wind
energy exploration developments, a notable exception being the installation of wind turbines at
Chevron’s Rotterdam Refinery complex. The operating structure is one of the elements that make the
Scotian WindFields highly effective in the utilization of capital during the development of the
resource.
The Scotian WindFields Family consists of eight community-owned renewable energy companies that
are focusing on wind energy development in Nova Scotia, along with Scotian WindFields Inc.
an operating company tasked with developing renewable energy projects for community investment.
There are eight active community WindFields formed under the CEDIF initiative.
- The Bay Wind Field (Digby, Yarmouth and Annapolis,
- The Glooscap Wind Field (Kings, Hants East & West),
- Northumberland Wind Field (Pictou and Antigonish),
- Colchester-Cumberland Wind Field,
- South Western Wind Field (Queens, Shelburne, Lunenburg),
- Chebucto Wind Field (Halifax Regional Municipality).
- The Gold Coast Wind Field (Guysborough)(Majority Share Holder is The Bay Wind Field),
- The Isle Wind Field (CapeBreton).
Scotian Carbon Services
Scotian Carbon Services (SCS) is a division of Scotian WindFields. SCS was established to provide practical expertise to guide businesses through the confusing landscape and regulation of the new carbon economy. SCS also helps business take advantage of opportunities by providing professional consultation in carbon credit registration and sales. Our staff has experience in international carbon credit project development and sales as well as certification in domestic carbon management.
Scotian Cabon Services & Good & Co - Click here to read more & view Press Release
For more information on Scotia Wind Fields visit their website click on the link below:
Scotia WindFields Site
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