Shaping the Energy Landscape
of Newfoundland and Labrador

Pioneering innovation in offshore oil, wind, and renewable energy, we’re driving the evolution towards a sustainable, carbon-conscious future.

Benefits

Newfoundland and Labrador is boosting the economy, creating new jobs, and helping the environment by evolving toward renewable energy. This shift secures long-term power, reduces carbon emissions, and positions the province as a leader in clean energy.

Economic Growth

Diversification into renewable energy fosters long-term economic growth by opening new markets and attracting investments.

Sustainable Power

Meeting global demand for clean, renewable energy sources such as wind, hydrogen, and hydroelectric power.

Carbon Reduction

Contributing to national and global goals of reducing carbon emissions and combating climate change.

Energy Security

Ensuring energy security by diversifying production, fostering renewable innovation, and supporting key markets like the US and Europe.

Environmental Stewardship

Reducing the environmental impact of energy production, ensuring a sustainable future for the province.

Job Creation

Generating employment opportunities in the energy sector, including oil and gas, wind, hydrogen, and green technology industries.

Global Leadership

Positioning Newfoundland and Labrador’s role as a leader in the global energy transition toward sustainability.

Natural Resources

Integrating green technologies to support a cleaner future and protect the province’s rich natural resources.

Employment

As the province continues to grow its oil and gas industry while simultaneously moving towards renewable energy, there is the potential for more jobs to be created in wind projects, hydrogen production, and green projects. This provides workers a chance to learn new skills and the ability to enjoy good earnings in various sectors.

Wind Energy Development

Jobs in the design, construction, and maintenance of wind projects, including turbine installation and energy monitoring.

Technology Innovation

Roles in developing and implementing green technologies, such as energy storage, smart grids, and carbon capture solutions.

Hydrogen Production

Opportunities in hydrogen fuel production and building the necessary infrastructure for this emerging low-carbon energy source.

Reskilling Programs

Training workers from traditional sectors, like oil and gas, for new roles in wind, solar, and hydrogen energy.

Support Services

Jobs in engineering, consulting, and project management support energy projects and ensure they meet regulatory standards.

Economy

The energy industry drives Newfoundland and Labrador's economy, with oil, gas, and renewable energy exports. Offshore oil remains key, while growth in wind, hydrogen, and hydroelectric power boosts the economy and attracts foreign investment, positioning the province as a clean energy hub for long-term growth.

Economic Driver

The energy industry is a key contributor to Newfoundland and Labrador’s economy.

Revenue Generation

Significant revenues come from the export of oil, gas, and emerging renewable energy sources.

Offshore Oil

Offshore oil remains a critical economic contributor.

Economic Diversification

Expansion into renewable energy markets promotes economic diversification.

Investments

The province continues to work to attract new investment in oil and gas while the wind, hydrogen and hydroelectric power sectors are transforming the region into a clean energy hub.

Foreign Investment

Newfoundland and Labrador’s energy industry is attracting foreign investment and is a key player in the global energy marketplace.

Global Competitiveness

The province’s dual focus on traditional and renewable energy strengthens its competitive advantage globally.

Resilient Economy

The blend of traditional and renewable energy fosters a resilient economy with long-term growth potential.