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Originally Posted by bingun
That was relatively quick following the city’s approval. This feels like it has real momentum behind it.
In the growth committee meeting this past week they touched on the edge of the topic without getting into specifics. It sounded as if several projects were far along the pipeline.
The parts I found interesting was they said Saint John is a very competitive location for data centres which lines up with previous information and that Saint John could be a good location for green methanol as we have a source of what’s known as biogenic co2, which I assume is a byproduct of the pulp and paper mill. They also touched on food processing again and I still think they are trying to get some sort of potato processing.
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The potato processing facility seems like an especially good opportunity with quite a lot of opportunity for synergy with the port and its partners (like Americold).
I don't know enough about "green methanol" to have an opinion on that yet, but it does sound like it could be a promising opportunity, especially if it's related to a byproduct already being produced in large quantities as the pulp mill nearby. It sounds like it's a product that would be transported by tanker ships, so maybe this could bode well for rumoured deepwater port development? Though, I wonder is there enough room out there for both a deepwater container port
and some sort of liquid bulk facility?
It will be very interesting to find out what ventures end up being part of this expansion. I wonder why exactly Saint John is considered a competitive location for data centres? Is it something to do with location and proximity to undersea cables or the US Northeast? Or simply to do with the fact that Saint John is within close proximity to a nuclear power plant, and a wind farm? I'd imagine it's the latter, since there is a huge incentive for this industry to clean up its act and utilize cleaner sources of energy.
If we do end up seeing a $1 billion+ data centre get built in Lorneville, I hope that NB Power and Saint John Energy put some major investment into increasing our battery storage capacity. Moreover, considering the footprint of these buildings that will get built within the park, and the sheer size of the park itself... I think it should be mandated that all major buildings within the park have solar panels installed on their roofs, and that solar capacity is installed throughout this large development.