Renewable energy is a rapidly growing industry, and Emera Inc. is one of the leading companies in Canada that is dedicated to developing renewable projects in various sectors. One of the sectors that Emera Inc. focuses on is marine renewable energy. In this 1000-word description, we will explore the history of Emera Inc., its commitment to renewable energy, and its marine renewable energy projects.

History of Emera Inc.

Emera Inc. is a Canadian energy company that was founded in 1998. The company is based in Halifax, Nova Scotia, and has operations in Canada, the United States, and the Caribbean. Emera Inc. is committed to providing clean, reliable, and affordable energy to its customers, and it has a strong focus on renewable energy.

Over the years, Emera Inc. has grown through a series of strategic acquisitions and partnerships. In 2000, the company acquired Bangor Hydro-Electric Company, which gave it a foothold in the United States. In 2004, Emera Inc. acquired Nova Scotia Power Inc., which is the largest electric utility in the province of Nova Scotia. This acquisition allowed Emera Inc. to expand its operations in Canada and to become a major player in the energy industry.

In recent years, Emera Inc. has been focused on developing renewable energy projects in various sectors, including wind, solar, and marine. The company has made significant investments in renewable energy, and it is committed to reducing its carbon footprint and promoting sustainable energy solutions.

Commitment to Renewable Energy

Emera Inc. is committed to developing renewable energy projects that are both sustainable and economically viable. The company believes that renewable energy is the future of the energy industry, and it is committed to playing a leading role in this transition.

One of the ways that Emera Inc. is promoting renewable energy is by investing in wind power. The company has several wind farms in operation, including the Grand Etang Wind Project in Nova Scotia and the South Shore Wind Project in Massachusetts. These wind farms generate clean, renewable energy that is used to power homes and businesses.

In addition to wind power, Emera Inc. is also investing in solar energy. The company has several solar projects in development, including the Brooklyn Solar Project in Nova Scotia and the Tampa Electric Solar Project in Florida. These projects will generate clean, renewable energy that will help to reduce greenhouse gas emissions and promote sustainable energy solutions.

Marine Renewable Energy Projects

One of the sectors that Emera Inc. is focused on is marine renewable energy. Marine renewable energy refers to the energy that is generated from the movement of water, including waves, tides, and currents. This type of energy is renewable, clean, and abundant, and it has the potential to provide a significant amount of energy to coastal communities.

Emera Inc. has several marine renewable energy projects in development, including the Cape Sharp Tidal Project in Nova Scotia and the Fundy Ocean Research Center for Energy (FORCE) in Nova Scotia.

The Cape Sharp Tidal Project is a joint venture between Emera Inc. and OpenHydro, a company that specializes in tidal energy. The project involves the installation of two 2 MW tidal turbines in the Bay of Fundy, which has some of the highest tides in the world. The turbines will generate clean, renewable energy that will be sold to Nova Scotia Power Inc.

The Fundy Ocean Research Center for Energy (FORCE) is a test site for marine renewable energy projects in the Bay of Fundy. The site is managed by Emera Inc. and is used by companies to test and develop new marine renewable energy technologies. The site has four berths for tidal turbines, and it has the potential to generate up to 10 MW of clean, renewable energy.

Conclusion

Emera Inc. is a Canadian energy company that is committed to developing renewable energy projects in various sectors, including marine renewable energy. The company has a strong focus on sustainability and is dedicated to reducing its carbon footprint and promoting sustainable energy solutions. With its investments in wind, solar, and marine renewable energy, Emera Inc. is playing a leading role in the transition to a clean energy future.