Making Sense of Energy

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Energy Market Update: May 2016

 Alberta In the past few months Alberta has seen the highest use of wind energy, with a record 22 per cent of the provinces power generation coming from wind power on April 9, at 1 a.m. Additionally, on May 8, 2016 at 8 a.m. Alberta saw the […]

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Iceland Carbon Dioxide Storage Project

Iceland Carbon Dioxide Storage Project Locks Away Gas, and Fast As the concern for climate change increases, so have discussions on carbon capture and sequestration. An example would be removing carbon dioxide from a coal-burning power plant’s smokestack and transporting it deep underground so it wouldn’t be […]

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Energy Market Update – April 2016

 Alberta A new energy conservation program is being introduced costing the province $645 million over five years. The province hopes to recover $2 billion back in energy savings and eliminating emissions. There are no details yet as to how the program will run as Environment Minister Shannon […]

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Energy Market Update – March 2016

 Alberta The city of Edmonton will likely pay between 4 to 6 million dollars as part of the Alberta Carbon Tax program. The provincial universal carbon tax is set at $20/tonne of carbon dioxide which will increase to $30/tonne by 2018. The city executive committee, which includes […]

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Energy Market Update: February 2016

 Alberta Originally built in 1954, ATCO Power’s aptly named Battle River Generating Station can turn out 689 megawatts of power. Westmoreland has a contract to supply the Battle River plant with coal until 2022, just eight years before the provincial government has committed to eliminating coal-fired power plants in Alberta.  Coal currently […]

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Energy Market Update: January 2016

 Alberta The NDP premiers of Alberta and Manitoba met Friday to discuss energy and climate issues, including the potential sale of hydroelectricity from Manitoba to Alberta. “We are phasing out coal-fired production by the year 2030, and so we need to have as many options, as many […]

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Energy Market Update: December 2015

 Alberta Edmonton-based Capital Power is eager to get in on $30 billion investment in wind and natural gas electricity generation by 2030. Capital Power’s senior vice-president Mark Zimmerman said “We could well see the total investment potential approaching, and even exceeding $30 billion of investment required over […]

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Energy Market Update: November 2015

Alberta Alberta’s electricity system is set for drastic change over the next 15 years in order for it to meet targets set out in the new climate change strategy put forth by the provincial government. The government plans to eliminate coal generation of electricity entirely by 2030 […]

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Energy Market Update: October 2015

  Alberta TransAlta Corporation is an energy retailer based out of Calgary. The company is carrying a large amount of debt, as well as having past regulatory fines. A potential transaction to sell the company fell through, although TransAlta has no comment. Facing a potential downgrade of their […]

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Energy Market Update: September 2015

  Alberta Edmonton police have dealt with an increase in crimes in 2015. The Police Chief has said: “when oil is up, we are busy, and when oil is down, we are really busy,” which suggests that economic woes are causing Albertans to turn to crime. Movement of […]

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