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COST-BENEFIT ANALYSIS OF TIDAL ENERGY GENERATION IN NOVA SCOTIA: A SCENARIO FOR A TIDAL FARM WITH 300MW OF INSTALLED CAPACITY IN THE MINAS PASSAGE IN 2020

This thesis presents a cost-benefit analysis of tidal power generation with specific reference to the installation of a 300MW tidal farm in the Minas Passage, in Nova Scotia, in 2020, as a case study. Nova Scotia has set aggressive targets to increase the share of renewables in the province’s electricity generation mix and tidal energy is considered to be the ?sleeping giant? amongst renewable energy sources. After having estimated the many costs and benefits and having calculated the net present value of such a project, it is concluded here that the project should not proceed as its costs greatly surpass its benefits. However, it is recommended that further studies evaluating the costs and benefits at different levels of tidal penetration be conducted for the province.

Identiferoai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:NSHD.ca#10222/14578
Date02 April 2012
CreatorsHoude, Julie
Source SetsLibrary and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada
LanguageEnglish
Detected LanguageEnglish

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