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7).$ %.% #!.!$)!. 7).$ %.%2'9 3%#4/2 2%#%.4 ).6%34-%.43 ). #!.!$! w -AINSTREAM 2ENEWABLE 0OWER ANNOUNCED IN AN MILLION JOINT VENTURE WITH !LBERTA 7IND %NERGY #ORPORATION !7%# TO BUILD OVER -7 OF WIND ENERGY PLANTS IN !LBERTA BY w 4HE 3PANISH COMPANY !CCIONA 7IND %NERGY IN PARTNERSHIP WITH 3UNCOR %NERGY 0RODUCTS INVESTED MILLION IN THE CONSTRUCTION OF A -7 WIND FARM IN /NTARIO IN w )N %NEL 3P! OF )TALY SIGNED A POWER PURCHASE AGREEMENT TO BUILD OPERATE AND SELL POWER FROM A -7 WIND PROJECT IN .EWFOUNDLAND AND ,ABRADOR
7ITH A HUGE LANDMASS LENGTHY COASTLINES AND QUALITY WIND RESOURCES #ANADA HAS ENORMOUS POTENTIAL AS A GENERATOR OF WIND ENERGY #ANADA IS ONE OF THE WORLDS LARGEST EXPORTERS OF ELECTRICITY AND NEIGHBOURS THE WORLDS LARGEST CONSUMER OF ELECTRICITY WHICH HAS A STRONG AND INCREASING APPETITE FOR GREEN POWER !PPROXIMATELY COMPANIES ARE ACTIVE IN #ANADAS WIND ENERGY SECTOR WITH A WORKFORCE THAT HAS GROWN FROM LESS THAN IN TO OVER TODAY %STIMATES INDICATE THAT EMPLOYMENT IN THIS SECTOR COULD INCREASE TO MORE THAN BY 4HE #ANADIAN WIND ENERGY INDUSTRY CONSISTS MAINLY OF DEVELOPERS BACKED BY LARGE ENERGY l RMS INDUSTRIAL CORPORATIONS AND INCOME FUNDS THAT BRING WITH THEM l NANCIAL RESOURCES AND COMMERCIAL CREDIBILITY 4HE RAPID GROWTH OF #ANADAS WIND ENERGY INDUSTRY HAS RESULTED IN A GROWING NUMBER OF MANUFACTURING l RMS ENTERING THE MARKET 2ECENT STUDIES ESTIMATE THAT PUBLIC AND PRIVATE INVESTORS WORLDWIDE WILL INJECT BETWEEN BILLION AND TRILLION INTO WIND POWER FROM TO
+EY #APABILITIES w 7IND POWER DEVELOPMENT IS THE LARGEST SEGMENT OF #ANADAS WIND ENERGY INDUSTRY )T INCLUDES PROJECT DEVELOPMENT PROJECT OPERATION AND INDEPENDENT POWER GENERATION -ORE THAN PERCENT OF WIND ENERGY COMPANIES ARE ACTIVE IN THIS INDUSTRY SEGMENT !MONG THE LEADERS ARE "ROOKl ELD 2ENEWABLE 0OWER )NVENERGY #ANADA 3KY0OWER AND 4RANS!LTA 7IND
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w -ANUFACTURING IS THE FOCUS OF PERCENT OF WIND ENERGY l RMS 4HE MAIN PRODUCTS MANUFACTURED IN #ANADA ARE WIND RELATED COMPONENTS SUCH AS ROTOR BLADES CONTROL SYSTEMS TURBINES INVERTERS NACELLES TOWERS AND METEOROLOGICAL TOWERS -AJOR l RMS IN THIS INDUSTRY SEGMENT INCLUDE !!%2 '% 7IND %NERGY ,- 'LASSl BER #OMPOSITES 6#) $-) )NDUSTRIES AND (ITACHI #ANADIAN )NDUSTRIES
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!LBERTA !LBERTA WAS THE l RST #ANADIAN JURISDICTION TO ACHIEVE AN INSTALLED WIND ENERGY CAPACITY EXCEEDING -7 )TS CURRENT INSTALLED CAPACITY IS APPROXIMATELY -7 REPRESENTING APPROXIMATELY PERCENT OF #ANADAS LARGE WIND TURBINE CAPACITY )N THE PIPELINE ARE WIND GENERATION PROJECTS WITH A CAPACITY OF MORE THAN -7 4RANSMISSION UPGRADES ARE BEING DESIGNED TO CONNECT -7 OF WIND POWER TO THE GRID IN SOUTHERN !LBERTA
-ANITOBA 4HE -ANITOBA GOVERNMENT IS PURSUING A STRATEGY TO ENCOURAGE THE PRIVATE DEVELOPMENT OF -7 OF WIND GENERATED ELECTRICITY CAPACITY OVER THE NEXT DECADE AND IS CURRENTLY CONSIDERING PROPOSALS FOR THE DEVELOPMENT OF -7 OF WIND POWER AS THE l RST PHASE OF THE PLAN -ANITOBA OFFERS A TAX INCENTIVE FOR THE PRODUCTION AND PURCHASE OF EQUIPMENT FOR GENERATING RENEWABLE ENERGY INCLUDING WIND ENERGY SYSTEMS -ANITOBA BASED 3T ,EON 7IND %NERGY ,0 OPERATES ONE OF #ANADAS LARGEST WIND FARMS WITH TURBINES THAT CAN GENERATE UP TO -7
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"RITISH #OLUMBIA HAS SIGNIl CANT WIND RESOURCES AND OVER POTENTIAL WIND FARM SITES CURRENTLY UNDER INVESTIGATION -ORE THAN BILLION WORTH OF WIND PROJECTS ARE ON THE DRAWING BOARD OR UNDER CONSTRUCTION 4HE IMPETUS BEHIND THE DRIVE TO DEVELOP CLEAN ENERGY RESOURCES INCLUDING WIND ENERGY STEMS FROM THE PROVINCES GOALS OF REDUCING GREENHOUSE GAS EMISSIONS BY PERCENT BY AND BECOMING SELF SUFl CIENT IN ELECTRICITY BY WITH CLEAN SOURCES ACCOUNTING FOR PERCENT OF ELECTRICITY SUPPLY
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#!.!$)!. #,53 #!.!$)!. #,53 /NTARIO /NTARIO IS CENTRALLY LOCATED IN .ORTH !MERICA HAS LONG TERM GOVERNMENT SUPPORT FOR WIND ENERGY GENERATION AND HAS ADVANCED AND DIVERSE MANUFACTURING CAPABILITIES 4HESE FACTORS POSITION THE PROVINCE AS AN IDEAL CHOICE FOR MANUFACTURERS OF WIND TURBINES AND RELATED COMPONENTS SERVICE PROVIDERS AND PROJECT DEVELOPERS /NTARIOS ADVANCED MANUFACTURING AND MACHINERY INDUSTRY EMPLOYS MORE THAN HIGHLY SKILLED PEOPLE 4HE PROVINCE HAS IMPLEMENTED LARGE SCALE WIND ENERGY PROJECTS WHICH WILL HELP INCREASE /NTARIOS WIND ENERGY SUPPLY TO -7 BY /NTARIO OFFERS TAX INCENTIVES FOR THE DEPLOYMENT OF RENEWABLE ENERGY SYSTEMS PLUS GOVERNMENT FUNDING FOR THE COMMERCIALIZATION OF NEW ENERGY TECHNOLOGIES /NTARIOS RECENTLY INTRODUCED 'REEN %NERGY !CT IS EXPECTED TO CONTRIBUTE HEAVILY TO THE GROWTH OF THE PROVINCES WIND ENERGY SECTOR
1UEBEC 7IND ENERGY PRODUCTION AND THE MANUFACTURING OF WIND TURBINES IS A PRIORITY FOR 1UEBEC )N (YDRO 1UÏBEC ANNOUNCED IT HAD ACCEPTED BIDS TO SUPPLY IT WITH -7 OF 1UEBEC GENERATED WIND ENERGY TO REACH ITS GOAL OF -7 BEFORE 4HESE PROJECTS REPRESENT INVESTMENTS OF APPROXIMATELY BILLION 4HE LEADING 'ERMAN WIND TURBINE MANUFACTURERS %NERCON AND 2% 0OWER WERE AWARDED CONTRACTS FOR MANY PROJECTS IN 1UEBEC AND WILL BE OPENING FACILITIES IN THE REGION 4HESE PROJECTS SUSTAIN THE DEVELOPMENT OF A WIND ENERGY SUPPLY CHAIN WITH THE CREATION AND INTEGRATION OF SUBCONTRACTORS 1UEBEC ALSO BOASTS THE #ORUS #ENTRE A RESEARCH CENTRE SPECIALIZING IN WIND ENERGY
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0RINCE %DWARD )SLAND 0RINCE %DWARD )SLAND 0%) IS A WORLD LEADER IN DEVELOPING AND COMMERCIALIZING RENEWABLE ENERGY !LL LEVELS OF GOVERNMENT ARE PLAYING A SIGNIl CANT ROLE TO ESTABLISH THE STRATEGIC INFRASTRUCTURE FOR ENVIRONMENTAL TECHNOLOGIES 2ENEWABLE ENERGY PROJECTS HAVE ATTRACTED AN ESTIMATED MILLION IN INVESTMENTS AND PROVIDE PERCENT OF THE PROVINCES ELECTRICITY NEEDS 4HE PROVINCIAL GOVERNMENT HAS DEVELOPED A POINT PLAN TO ENSURE THAT 0%) GENERATES -7 OF WIND ENERGY BY 4HE PROVINCE IS HOME TO THE 7IND %NERGY )NSTITUTE OF #ANADA AS WELL AS AN ENERGY FROM WASTE FACILITY
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).6%34-%.4 ,/#!4)/. "%.#(-!2+).' -%4(/$/,/'9 4HIS BENCHMARKING STUDY ASSESSES THE COMPETITIVENESS OF A NUMBER OF #ANADIAN CLUSTERS AGAINST COMPETING INTERNATIONAL BUSINESS LOCATIONS "ASED ON AN INVESTORS PERSPECTIVE THE RESEARCH AND ANALYSIS USES A REPRESENTATIVE INVESTMENT PROJECT PROTOTYPE AN OPERATION THAT MANUFACTURES TURBINES OR COMPONENTS FOR ON AND OFFSHORE WIND FARMSSEE PROl LE ON PAGE TO ASSESS CRITERIA THAT CORPORATE DECISION MAKERS TYPICALLY EXAMINE WHEN EVALUATING LOCATION ALTERNATIVES FOR FOREIGN INVESTMENT 4HIS INTERNATIONAL LOCATION BENCHMARKING EXERCISE WAS CONDUCTED BY )"- 0LANT ,OCATION )NTERNATIONAL )"- 0,) A RENOWNED GLOBAL LOCATION CONSULTANCY )"- 0,) PERFORMED OBJECTIVE RESEARCH TO ASSESS THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN VARIOUS LOCATIONS SIMULATING THE APPROACH USED BY INVESTORS WHEN SCREENING CANDIDATES FOR CORPORATE INVESTMENT PROJECTS 4HE BENCHMARKING STUDY EXAMINED TO l NANCIAL AND QUALITATIVE LOCATION INDICATORS IN THE ASSESSMENT OF EACH INDUSTRY SUBSECTOR 4O ASSESS THE QUALITY OF A LOCATIONS OPERATING BUSINESS ENVIRONMENT DATA WERE COLLECTED FROM A VARIETY OF SOURCES FOR THE DIFFERENT SUBFACTORS IN EACH OF THE CATEGORIES FEATURED IN THE OPERATING ENVIRONMENT TABLE PAGE $ATA FOR THE QUALITATIVE ASSESSMENT WERE TRANSLATED INTO COMPARABLE SCORINGS ZERO TO FOR EACH CATEGORY AND SUBFACTOR USING A WEIGHTED SCOREBOARD APPROACH 7EIGHTS WERE ASSIGNED TO EACH LOCATION CATEGORY AND SUBFACTOR TO DEMONSTRATE THEIR RELATIVE IMPORTANCE IN THE LOCATION SELECTION PROCESS 4HESE WEIGHTS ARE SPECIl C TO EACH INDUSTRY SUBSECTOR AND ARE BASED ON )"- 0,)S EXPERIENCE IN HELPING INVESTORS MAKE STRATEGIC DECISIONS WHEN CHOOSING LOCATIONS ! HIGH LEVEL l NANCIAL ANALYSIS WAS ALSO CONDUCTED TO TAKE INTO ACCOUNT MAJOR LOCATION SENSITIVE INVESTMENT AND OPERATING COSTS AND REVENUES FOR EACH REPRESENTATIVE PROJECT PROl LE #ASH m OW PROJECTIONS HAVE BEEN CALCULATED AND DISCOUNTED OVER A YEAR PERIOD INCORPORATING ANTICIPATED INm ATION RATES TO DETERMINE THEIR NET PRESENT VALUE AND TO ASSESS THE PROl TABILITY OF THE PROJECT IN EACH OF THE BENCHMARKED LOCATIONS
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