Siemens wins billion-dollar wind power orders
Siemens will supply wind turbines capable of producing 600 megawatts of electricity, enough for 240,000 households, in Ontario. It will also provide 98 turbines for an Oklahoma wind farm, enough for 227 megawatts.
Market prices for land-based wind turbines are around one million euros per megawatt, meaning the orders are worth around 800 million euros for Siemens, industry specialists said.
"North America is a very important market for wind power," said Rene Umlauft, head of Siemens' Renewable Energy division.
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OTTAWA - Canada must build more electricity generation in the next 25 years than it has over the last century in order to support a net-zero emissions economy by 2050, says a new report from the Public Policy Forum.
Reducing our reliance on fossil fuels and shifting to emissions-free electricity to propel our cars, heat our homes and run our factories will require doubling — possibly tripling — the amount of power we make now, the federal government estimates.
"Imagine every dam, turbine, nuclear plant and solar panel across Canada and then picture a couple more next to them," said the report,…
