Newfoundland and Labrador Wind-Hydrogen Fiscal Framework

The Government of Newfoundland and Labrador released a new wind-hydrogen fiscal framework applicable to wind-hydrogen projects in the province. The fiscal framework provides a predictable and transparent fiscal system to inform investment decisions and resource development for wind-hydrogen projects. The plan provides for a sharing of financial returns between investors and the Provincial Government to achieve a balance between benefits to the province for use of its resources (land, wind and water) while recognizing project investment and risk.

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