Port of Belledune receives $1 million in federal funding for green energy hub research

The Belledune Port Authority (BPA) is launching a series of studies to identify site requirements for the development of a green energy hub that welcomes green energy projects and complementary low-carbon industries. The preliminary research is supported by a $1-million investment from the Atlantic Canada Opportunities Agency.

A joint policy statement outlines the funding’s priorities which involve a series of collaborative projects in New Brunswick and Nova Scotia to help phase out coal-fired electricity generation by 2030 and support the drive towards net-zero carbon for electrical power by 2035.

“Northern New Brunswick and the Port of Belledune are proud to play a significant role in Canada’s green energy transition,” Denis Caron, BPA’s president and CEO, says. “These critical investments will advance our plan to develop sustainable industries fueled by renewable energy in Belledune, laying the groundwork for a prosperous, fossil-free future for our communities.”

The site studies will determine the port’s capacities to develop various clean energy and manufacturing projects by evaluating source water and infrastructure readiness. This due diligence will provide a measured and objective approach to identifying the best green energy projects for development at the Port of Belledune.

Moreover, in August 2022, the Belledune Port Authority signed a principled agreement for the development of a green hydrogen production facility at the northern New Brunswick port.