Renewable Energy Offers Hope For Canada’s Oil Patch

The Dominion of Canada has a population of approximately 37.74 million people[1]. In 2018, utilities used renewable energy (66%), nuclear power 15%), coal (9%), natural gas (9%), and oil (1%)  to generate electricity[2] in the country. Hydropower is the dominant source of renewable energy source in Canada.

In 2016, Canada signed the Paris Climate Agreement[3] and committed to a 30% reduction in 2005 greenhouse gas emission by 2030. Canada is a net exporter of electricity, primarily hydropower to the Northeast and Midwest regions in the United States,

In 2017, the Government of Canada developed the Clean Technology Data Strategy to measure the economic, environmental, and social impacts of clean technology in Canada. The objectives of this strategy were to provide reliable data for the creation of policies and programs to support the adoption of clean technology.

New renewable energy developments in Canada include:

  • 30 MW Energy Storage – Italian utility, Enel is developing and managing energy storage projects in Canada for French investment firm, Ardian. Enel will manage 10 energy storage projects in the Province of Ontario, which have a total capacity of 30 MW.
  • 400 MW Solar Park – Canadian renewable company, Greengate Power has commenced work on the Travers Solar Project, located approximately 30 miles southeast of the city, Calgary, Alberta. The formal ground breaking for this massive solar park is scheduled for year-end 2020.

Canada has been a major producer of fossil fuels (coal, oil, and natural gas) for over a century. The country has harnessed the country’s vast hydropower resources  and has now begun to develop the vast solar and wind energy potential.

The oil and natural gas industry has long been a major employer in Canada. The precipitous drop in oil and natural gas prices have resulted in the closing of major hydrocarbon projects, company bankruptcies and unemployment. New, renewable energy projects like the Travers Solar Project offer employment opportunities for people in the Canadian oil patch.

Jack Kerfoot

Website – “Our Energy Conundrum”

www.jackkerfoot.com

 

 

 

 

 

[1]Canada Population (2020) – World Population Review, September 19, 2020

[2] Canada – U.S. Energy Information Agency

[3] Carbon Brief “Paris 2015: Tracking Country Climate Pledges”

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