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Home » Uncategorized » IPF 2025: Canada to roll out 2.5GW offshore auction
Offshore Wind

IPF 2025: Canada to roll out 2.5GW offshore auction

Andrew FawthropBy Andrew FawthropApril 30, 20252 Mins Read
IPF 2025: Canada to roll out 2.5GW offshore auction

Canada is ready to welcome offshore wind developers jilted by US federal policy and will launch a 2.5GW lease auction later this year, attendees at IPF 2025 in Virginia have heard.

Nova Scotia Premier Tim Houston told the conference that this week’s federal election in Canada, which will see the Liberals return to power under new Prime Minister Mark Carney, is a “helpful result for this sector”.

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“We have a lot to offer,” he said, citing the country’s “incredible wind speeds”, good seabed conditions and port infrastructure. “My government is committed to moving forward,” he added.

Nova Scotia is aiming to launch the lease auction in the autumn, sources said, and Houston told attendees that there will be a total of five tender rounds by 2030.

He was also clear about the need to export power from offshore wind to the US.

“We know that our own internal domestic demand will grow but we also know that demand in New England and across the United States is growing as well. That demand has to be met and we want to be part of meeting it,” Houston said.

For the full story, see the second reNEWS Live@ IPF 2025 show daily (sponsored by Ampelmann) from the event in Virginia Beach.

Other stories inside the edition include legal experts’ assessments of the White House executive order to halt offshore wind permitting pending a review.

State authorities across the US northeast are meanwhile joining forces to launch a strategic action plan for coordinated transmission grid upgrades.

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