Author: Jude Hislop

BC files reference case in BC Court of Appeal to control dilbit in Trans Mountain pipeline

BC Attorney General David Eby, left, and Environment Minister George Heyman “I’m confident that the courts will not give B.C. rights it does not possess under our constitution” In a press release, British Columbia Attorney General David Eby released the following statement regarding the government’s reference case in regards to controlling what is moved in the Trans Mountain pipeline, specifically dilibit. “In consultation with our lawyers, the government is now in a position to advise that British Columbia will be filing our reference case in the B.C. Court of Appeal within 10 working days, by April 30, 2018. The B.C....

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Powerful new policy options to scale up renewable energy – IRENA report

Transport is second largest energy end‑use sector, accounting for 29% of total final energy use in 2015, 64.7% of world oil use A new report by the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA), and the Renewable Energy Policy Network for the 21st Century (REN21), Renewable Energy Policies in a Time of Transition, is an unprecedented collaboration that sheds new light on the policy barriers to increased deployment of renewables and provides a range of options for policymakers to scale-up their ambitions. Since 2012, renewable energy has accounted for more than half of capacity additions in the...

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Construction starts on world’s largest hydrogen pilot plant

Global demand for hydrogen could increase tenfold by 2050, to around 6 trillion cubic meters An EU-funded flagship project for a CO2-reduced energy future and the decarbonization of steel production is taking shape, according to a press release from Siemens. The H2FUTURE project consortium, consisting of voestalpine, Siemens, VERBUND, and Austrian Power Grid, together with the research partners K1-MET and ECN, officially gave the go-ahead for construction of the world’s largest pilot plant for the production of “green” hydrogen. With a capacity of 6 megawatts, this is the most effective and advanced plant of its type, according to Siemens. The...

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Renewable energy must grow 600% by 2050 to limit global temperature rise to 2C – IRENA

Electrification, and wind/solar are key drivers of IRENA’s energy transformation roadmap Increasing the speed of global renewable energy adoption by at least a factor of six – critical to meeting energy-related emission reduction needs of the Paris Climate Agreement – can limit global temperature rise to two degrees, according to the latest edition of the International Renewable Energy Agency’s (IRENA) long-term renewable energy outlook. At the same time, the report finds that by 2050, the global economy would grow by one per cent and global welfare, including benefits not captured by GDP, such as health benefits from reduced air...

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Vermilion Energy acquires Spartan Energy Corp. for $1.4 billion

Vermilion Energy operates in eight countries with majority of production in Canada Vermilion Energy Inc. announced that it has entered into an arrangement agreement to acquire Spartan Energy Corp., a publicly traded southeast Saskatchewan oil and gas producer, with annual production of approximately 23,000 boe/d (91% oil), according to the press release. Total consideration for Spartan is approximately $1.40 billion, comprised of $1.23 billion in Vermilion shares plus the assumption of approximately $175 million in debt.  Vermilion Energy is a Calgary, AB based company with operations in eight countries across Europe, North America and Australia. Vermilion is targeting production of between 75,000 – 77,500 boe/d in 2018....

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