Developmental Tidal Feed-in Tariff Program (Nova Scotia, Canada)
Last modified on February 12, 2015.
|Place|| Nova Scotia
|Applies to States or Provinces||Nova Scotia|
|Name||Developmental Tidal Feed-in Tariff Program (Nova Scotia, Canada)|
|Policy Category||Financial Incentive|
|Policy Type||Performance-Based Incentive|
|Affected Technologies||Tidal Energy|
|Implementing Sector|| State/Province
|Eligible System Size|| > 500 kW
|Program Administrator||Nova Scotia Department of Energy|
|Primary Website|| http://energy.novascotia.ca/renewables/programs-and-projects/tidal-fit
|Last Review|| 2014-09-15
The Developmental Tidal Feed-in Tariff (FIT) program is similar to the Community Feed-in Tariff (COMFIT) program as it encourages the development of specific renewable energy projects by guaranteeing a rate per kilowatt hour for the energy the project feeds into the province’s electricity grid. It is different as it is designed to incent tidal energy developers to test and deploy their large-scale in-stream tidal energy projects in Nova Scotia. This tariff applies to in-stream tidal single device projects or arrays greater than 0.5 megawatts (500 kilowatts). There are no limits on ownership.