29 Nov '12, 8pm

Nova Scotia Schedules Hearings on Tidal Feed-in Tariffs

Nova Scotia Schedules Hearings on Tidal Feed-in Tariffs

Nova Scotia's Utility and Review Board (UARB) held the first technical session today outlining the schedule of submissions prior to the hearings. The process is intended to set the feed-in tariffs for "Development Tidal Arrays." Currently, Nova Scotia is the only jurisdiction in North America that has a specific tariff for tidal power generation. The province previously set a tariff for in-stream tidal plants as part of its Community Feed-in Tariff or ComFIT. Nova Scotia sees developing tidal power technology for both meeting its own renewable energy targets as well as for future export. The government says the use of feed-in tariffs will enable it to attract private capital to the province by providing financial "certainty." The government instructed the UARB to design a program that would limit rate increases to 1%-2% by controlling the amount of electricity that would b...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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