Offshore renewables bill comes into force in Newfoundland and Labrador
The federal government of Canada, in partnership with the government of Newfoundland and Labrador, announced today the coming into force of legislation that paves the way for developing offshore renewable energy in the country’s easternmost province.
In addition to introducing the framework to develop the sector, the bill includes amendments to the Canada-Newfoundland and Labrador Atlantic Accord Implementation Act (Atlantic Accord Act) that expand the mandate of the Canada-Newfoundland and Labrador Offshore Petroleum Board to include the regulation of offshore renewable energy projects, while also giving the entity a new name – the Canada-Newfoundland and Labrador Offshore Energy Regulator (C-NLOER).
“The implementation of this legislation marks a pivotal step forward in unlocking the immense offshore wind potential off Newfoundland and Labrador’s coast. It provides the regulatory clarity and collaboration needed to advance clean energy development, attract international investment and create sustainable jobs. With decades of expertise in ocean industries and a growing marine renewable energy supply chain, Atlantic Canada is well positioned to lead the way in building a thriving offshore wind sector that benefits local communities and contributes to Canada’s emissions targets,” commented Elisa Obermann, executive director of Marine Renewables Canada.
Natural Resources Canada said that the federal government intends to work together with the provincial governments of Newfoundland and Labrador and Nova Scotia to unlock the potential of offshore renewables.
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