A new study by the Centre for Ocean Ventures & Entrepreneurship (COVE) has shown that Nova Scotia’s ocean sector has significant market potential to develop and deliver vessel electrification and associated technologies.
The Nova Scotia’s Opportunities for Marine Electrification Study , developed by COVE and commissioned by the Province of Nova Scotia, provides information on the potential and methods for a marine vessel electrification industry in Nova Scotia.
Approaches and technologies encompassed alternative fuels like hydrogen and ammonia, fuel cell technology, battery storage advancements, and infrastructure and supply considerations.
The study lists the following key findings:
“Marine vessel decarbonisation is a quickly advancing global industry that many Nova Scotia companies are investing in, developing technologies, and leading demonstration projects to contribute to its use as a commercial norm “, said Melanie Nadeau , CEO of COVE.
“With the information included in this study, as well the release of our Ocean Enterprise Study, it is no surprise that there has been a surge of high-tech companies in Nova Scotia focused on decarbonisation. “
It is worth reminding that, at the end of 2021, Canada welcomed the first electric ferry service powered by a zero-emission, lithium-ion power and propulsion system containing no diesel components.
Marilyn Bell I was converted to operate on 100% electric power and it connects passengers, vehicles and supplies to Billy Bishop Toronto City Airport.
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