RFP – Assessment of Tidal Benefits to Nova Scotia

Proposal Deadline: Monday, March 25, 2019; 4:00 pm AST

Q&A – updated March 15, 2019 [PDF]

For questions related to proposal submissions, please contact Gregory Decker, Research Manager.

Purpose

The Nova Scotia Department of Energy and Mines (NSDEM) has identified the need to evaluate what benefits to Nova Scotia can be realized by continuing its investment in tidal energy.  The Province of Nova Scotia and the Government of Canada are about 10 years into this country’s experiment with tidal energy.  It was believed that being a ‘first mover’ in  this new sector would offer many advantages including access to a new renewable energy source, improved energy security, rural jobs and global opportunities for supply chain companies to name a few.  After 10 years of sector development, NSDEM is seeking to revisit initial economic development assumptions in order to identify existing and emerging opportunities for Nova Scotians.

Objectives:
The NSDEM has identified a need to take a closer look at what, exactly, is the opportunity that tidal energy may bring to Nova Scotian companies and citizens.  As it stands now, globally, tidal energy is developing at a slow pace.  This should not come as a surprise as it is a new sector with many challenges; technological, environmental and financial.  Also, other renewable energy sources, such as wind (onshore and offshore) and solar, are increasingly cost-competitive while tidal energy costs remain high.

Previous work has been done to capture the value in tidal energy but the slow place of development both in Nova Scotia and abroad has made these studies dated and potentially misleading.  This 2019 study is meant to identify the real benefits to Nova Scotia if the Province continues to invest in early stage tidal development.  What are the implications for both ratepayers and taxpayers?  What are the opportunities, locally and globally, for businesses that can work in this industry?  When will tidal energy be commercially competitive with other renewables and how will this be achieved?

How to Apply

For full information on the Request for Proposals and how to apply, please review the full documentation HERE. [PDF]

OERA may, at its sole and absolute discretion, reject any and all, or parts of any and all, proposals; postpone or cancel at any time this RFP process; waive any minor irregularities in the RFP or the responses received as a result of this RFP.