All Energy stories

We are nearing peak oil

A new report paints a future where oil might be downgraded from its ‘black gold’ status to something like tin or nickel.

Driving the news: Global oil demand is forecast to peak by 2029, per a new International Energy Agency (IEA) report, with production topping out at 114 million barrels a day by 2030.

A second wind for Canadian power

Hydro-Québec should start calling itself Hydro-and-Wind-Québec — on account of all the dang windmills it’s planning to build.

What happened: Hydro-Québec will become the main developer of wind energy projects in the province — a role previously held by the private sector — with plans to construct new wind farms that will add 10,000 megawatts of energy generation to its network by 2035. 

Northvolt protests get fiery

If you’re having a bad start to the work day, at least be grateful you don’t have to deal with Molotov cocktails at the workplace. 

What happened: Work at the to-be-built Northvolt electric vehicle battery plant outside Montréal was briefly paused after staff found devices designed to start fires. It’s suspected to be the latest action in an ongoing sabotage campaign against the plant. 

Canadian carbon capture project bites the dust

As one Canadian company has learned the hard way, taking carbon out of the atmosphere is easier said than done.

What happened: Alberta’s Capital Power is scrapping its $2.4 billion carbon capture project, one of the largest in Canada. The decision to pull the plug for financial reasons is another red flag about the long-term viability of carbon capture.

Canada’s appetite for coal is all burnt out

G7 countries are hanging up their pickaxes and hardhats with lamp attachments as they prepare to dump coal as an energy source.

What happened: Member nations of the G7 (which includes Canada) have agreed on a plan to phase out coal power generation between 2030 and 2035. The agreement includes wiggle room for Germany and Japan, which still rely on coal for a quarter of their power.

Trans Mountain expansion is finally ready to roll

For the last decade, the Trans Mountain pipeline has been like the kid that just keeps asking their parents for more money. Today, it finally has something to show for all that cash. 

What happened: The Trans Mountain pipeline expansion (TMX) officially launches operations today, a long-awaited feat that promises to boost Canadian oil exports and marks the finish of Canada’s most expensive — and frequently delayed — infrastructure project.

Droughts could dry up oil and gas production

As Canadian oil and gas producers look to notch record outputs this year, severe droughts in Western Canada could rain on their parade — not literally, given, ya know, the droughts.

Driving the news: A new Deloitte report warns that oil and gas producers could have trouble sourcing water for their operations, as some of Canada’s driest places — northwest Alberta and northeast B.C. — just so happen to be the centre of oil and gas country.

Canada inks hydrogen pact with Germany

Canada is buddying up with its pilsner-drinking, schnitzel-eating ally to kick-start a new clean energy trade market. 

What happened: Canada and Germany agreed to help accelerate the creation of a global market for clean hydrogen gas — a low-emission energy source used to power industrial machines, heavy vehicles, and residential heating — and connect Atlantic Canada producers with EU buyers. 

Alberta says “no” to rampant renewables

                              Alberta       Scared birds

                                           🤝          

 “Maybe we should cool it with all these new wind turbines.”

What happened: After lifting a seven-month ban on new renewable energy projects, Alberta has introduced rules restricting where future developments can set up shop in order to keep prime agricultural lands for farmers and preserve the province’s “pristine viewscapes.”

There’s no end in sight for Canada’s oil pipeline glut

Like us trying to do spreadsheets while also taking a Zoom call, Canada’s pipelines are at full capacity.

Driving the news: Sure as the sun rises in the east, the Trans Mountain pipeline expansion hit yet another delay, this time due to technical issues. The long-awaited expansion is now unlikely to meet its April start date but is still on track to begin operations next quarter.