Is Mark Carney's Canada Gearing up to be an Energy Superpower? Tom Timmins, Gowling on ExGOW (EP.4)

Is Mark Carney's Canada Gearing up to be an Energy Superpower? Tom Timmins, Gowling on ExGOW (EP.4)In this episode of Excellence in Global Offshore Wind (ExGOW) with Philip Bassil, we sit down with Thomas (Tom) J. Timmins, who leads the Energy Practice Group at Gowling WLG in Toronto. We discuss some of the elements of how Canada Gearing up to be an Energy Superpower by adding offshore wind to its energy mix alongside its other abundant conventional natural resources. We delve into Tom's journey as an energy lawyer and his work on one of Canada's first wind farms. The discussion explores the exciting developments and challenges in the renewable energy sector, particularly offshore wind in Canada. Key topics include the regulatory and legal frameworks paving the way to accelerate deployment, the role of indigenous partnerships, the importance of transmission in energy transition, and the evolving global supply chain. The episode also highlights the future of electrification, the impact of investment tax credits, and the invaluable lessons Canada can learn from the UK’s offshore wind industry.00:00 Introduction01:13 Tom's Journey into Renewable Energy03:34 The Evolution of the Sector09:41 Accelerating Regulatory Landscape in Canada17:25 The Importance of Supply Chain Structuring23:08 Investment Tax Credits (ITCs)31:22 Lessons from the UK and Future Growth34:42 Advice for the Next Generation37:27 Conclusion and Final Thoughts--Excellence in Global Offshore Wind (ExGOW) w/ Philip Bassil is the premier Global Offshore Wind industry podcast. It brings insights and thought-leadership from the top leaders building and financing Offshore Wind projects across the globe. We discuss current market trends, key drivers, M&A deal flow, institutional investor perspectives and the evolution of the Global Offshore Wind landscape, including cost of capital, bankability, insurability, supply chain, regulatory regimes, auction design and much more... We also take a deeper dive into the backgrounds and real life stories of the leaders in the industry to better understand what makes them tick and their passion to make an impact. Excellence in Global Offshore Wind (ExGOW) w/ Philip Bassil podcast is sponsored by NORTHGREEN, the leading Global Offshore Wind financial services platform bringing innovative solutions across Advisory (Strategic Partnerships, Financing, M&A), Asset Management and Private Equity. linkedin.com/in/philip-s-bassil-mba-a422343b https://www.northgreencapital.com/