N.S. opens door to new energy ventures among world’s highest tides in Fundy
HALIFAX — Nova Scotia has opened the door to small tidal technology ventures in the Bay of Fundy, giving them broad access to test their projects amid the world’s highest tides.
Energy Minister Geoff MacLellan announced legislative changes Thursday that will allow tidal energy developers to sell the electricity their turbines generate, and help bring it to market faster.
MacLellan said the step is needed in an industry where the technology is evolving rapidly, and will attract new ventures and foster further research in the Bay of Fundy.
“Today we are creating a new pathway to develop these turbines,” he said of amendments to the Marine Renewable-energy Act.