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Norstrat: what is it?
As a geopolitical approach, Norstrat is the name given to the Northern Strategy, which was first proposed by Prime Minister Justin Trudeau in his Throne Speech of April 20th, 2017.
Through collective efforts on trade, infrastructure development, and defense cooperation, the Northern Strategy aims to strengthen economic and social ties with Canada’s northern neighbours, including the United States. As part of the strategy, the North will gain jobs and investment opportunities while enhancing bilateral ties.
Among the key initiatives under the Northern Strategy are the development of a trilateral trade pact with the United States and Mexico, increased infrastructure investment in Manitoba and Saskatchewan, joint military exercises with Alaska and Yukon, and the establishment of a Centre for Northern Affairs at Memorial University.
In the Northern Strategy, critics say Aboriginal rights and climate change are not addressed sufficiently. Others say it focuses too much on economic ties and not enough on human rights and security. Nevertheless, both Trudeau and U.S. President Donald Trump have praised the strategy as a successful way to improve relations between Canada and its northern neighbors.
Norstrat Northern’s strategy: what is it?
In addition to providing consulting, engineering, and construction services, Norstrat’s Northern Strategy focuses on developing projects in the northern United States.
In 2013, Norstrat launched the Northern Strategy, which focuses on the markets for wind, solar, and natural gas in the Upper Great Plains region. With this strategy, Norstrat has invested $130 million in projects and expects to invest another $500 million by 2020.
The Northern Strategy includes the following projects for Norstrat:
Sawtooth Wind Farm, located near McCook, Nebraska, will have 160 turbines with a total capacity of 202 megawatts. Construction began in 2017 and is expected to be completed by 2020.
Construction on the 170-megawatt Viking Wind Project began in 2018 and is expected to be completed by 2022.
Boulder Solar Project is a 280 megawatt solar project near Fort Morgan, Colorado. The project will be built in two phases and will have a combined capacity of 348 megawatts. Phase I will have 100 megawatts of capacity while Phase II will have 138 megawatts of capacity. It is anticipated that construction will be complete by 2024.
Norstrat’s objectives: what are they?
In addition to developing and implementing Northern Strategies, Norstrat aims to improve social and environmental conditions in northern communities, as well as increase economic activity and create new jobs. In order to achieve these objectives, Norstrat has worked with local governments, businesses, and other organizations.
There are 100 million coins available in Norstrat, which was created in 2014 using the proof-of-work algorithm. It is traded on several exchanges, and its price has fluctuated over time. As of early 2018, it was worth about $0.16 per coin.
It was created by two men who wanted to create a cryptocurrency that would make it easier for people to use than Bitcoin, and also make sure that merchants would accept Norstrat.
To maintain Norstrat, miners need to find new blocks to add to the blockchain. This requires a lot of power, which is why Norstrat rewards miners with coins.
It is possible to stay connected to Norstrat network even if your node is not located near a main server since there are approximately 4881 nodes on Norstrat network as of early 2018.
What are Norstrat’s expertise areas?
We provide our clients with the knowledge and resources they need to maximize their opportunities in the Northern Europe region by being the leading global provider of expertise in Northern Strategy. With decades of experience working in this region, our experts are equipped with the latest research and analysis. We provide our clients with real-time information and tools to assist them in making informed decisions.
Our team is dedicated to providing our clients with the highest quality expertise possible. Our services include investment strategy, market analysis, trade, business development, and more. In order to provide you with the most cutting-edge information, we are always up to date on the latest industry trends and developments.
To learn more about our services in the Northern Strategy region, contact us today. We would be happy to discuss your specific needs and how we can help you succeed!
Norstrat Consulting offers what services?
Norstrat Consulting provides expertise in the fields of energy and natural resources, public policy, economic development, infrastructure, and mergers and acquisitions. Norstrat has a long history of working with northeastern states and is well-suited to provide services to the region. Clients include energy companies and utilities, municipal governments, state agencies, private firms, and foreign investors. Norstrat offers a variety of services including market analysis, project evaluation, consulting assistance, business strategy development, market research studies, and stakeholder management.
Norstrat has years of experience studying Northern Strategy and can provide you with the latest insights and guidance. Contact us today!