Making Sense of Energy

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Energy Market Update: February 2018

  Alberta  Electricity deal clinches $100M bitcoin mining operation in Medicine Hat The City of Medicine Hat has agreed to supply electricity and lease land to a Toronto-based cryptocurrency mining company in a deal that will see $100 million in construction spending in the southern Alberta city. […]

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Energy Market Update: December 2017

Alberta  Varcoe: Alberta power prices and consumer surcharge heading higher For the past three years, Albertans have enjoyed cheap electricity rates due to falling industrial demand and low natural gas prices, among several factors. Analysts’ forecasts and prices on the forward market are pointing in the same […]

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Energy Market Update: November 2017

  Alberta  Varcoe: Alberta’s new carbon tax on industry will cut emissions, but drive up costs Two things are apparent coming out of the provincial government’s big announcement about changes to overhaul its carbon tax on big industrial operations. No. 1: The shift should lead to less […]

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Energy Market Update: October 2017

Alberta   TransCanada doubles down on oil and gas infrastructure after selling solar assets for $540M Calgary-based pipeline giant TransCanada sold its solar power portfolio to a subsidiary of Montreal’s Axium Infrastructure Inc. for $540 million, capturing a price appreciation of $83 million in around three years. The […]

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Energy Market Update: September 2017

Alberta  Balancing Pools saves $500M by cancelling PPAs, but power bills expected to rise The Alberta Balancing Pool has decided to terminate two power purchase arrangements (PPAs) for units at the Sundance coal-fired generating plant, which is owned by Calgary-based TransAlta Corp. That should help save consumers […]

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Energy Market Update: August 2017

Alberta  Calgary completes conversion of 80K street lights to LED, expects $5M in annual savings Calgary has finished replacing 80,000 street lights with LED bulbs more than a year ahead of schedule. The project cost $32 million and is expected to save the city approximately $5 million […]

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Energy Market Update July 2017

Alberta  Power consumption record broken as temperatures top 30 C in parts of Alberta Alberta set a new summer record for power consumption, peaking at 10,852 megawatts on July 27, as the hot weather had people retreating to the comfort of air conditioners. The power consumption record […]

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Energy Market Update: June 2017

Alberta  Edmonton launches pilot project to track building energy efficiency The city launched a three-year pilot project to track the energy efficiency of its large buildings, hoping to have as many as 300 taking part in the voluntary program. The city will track indicators related to how […]

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Energy Market Update: May 2017

Alberta  Energy-hungry Albertans at the top of the charts for federal carbon tax costs According to estimates by University of Calgary economist Jennifer Winter, the carbon tax will cost Albertan households about $827 per year if the carbon tax excludes electricity, which the provincial one currently does. […]

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Energy Market Update: April 2017

Alberta  Alberta government provides rebates of up to $3,500 for energy efficient homes Provincial government rebates are being made available to Alberta homeowners who want to upgrade their windows, insulation and hot water heaters. The NDP government says starting April 28, rebates of up to $3,500 will […]

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