How the ocean is powering Nova Scotia’s economy

Ben Payton, FDI Intelligence | April 20, 2026

Elisa Obermann, executive director of industry group Marine Renewables Canada, says the waters off the Atlantic coast of Nova Scotia are a truly vast resource. “It has some of the strongest and most consistent wind speeds in the world,” she says. “And they are untapped.”

She highlights how offshore wind could be a major revenue-earning opportunity for Nova Scotia. The current capacity of the electricity in the province is only 2.7GW, meaning offshore wind farms have the potential to export huge amounts of surplus power.

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