Marine Renewables Canada has made a strategic decision to grow its focus by officially including offshore wind energy in its mandate. Canada has the longest coastlines in the world, giving it huge potential for offshore wind energy development. In addition to the resource, Canada has significant capabilities from offshore and marine industries that can contribute to offshore wind energy projects.
The global offshore wind energy industry, estimated to grow by over 650% by 2030, presents new opportunities for Canadian business. Marine Renewables Canada has recognized that there is significant overlap between offshore wind and wave and tidal energy when it comes to the supply chain, regulatory issues, and the operating environment. The association plans to focus on similarities and synergies of the resources in order to advance the sector as a whole and ensure that clean electricity from waves, tides, rivers, and offshore wind play a significant role in Canada’s low-carbon future.
