Author: Jude Hislop

Energy efficiency efforts could lower Canadian CO₂ emissions from 540 Mt today to 380 Mt in 2050

Each additional USD $1 billion invested in energy efficiency would deliver more than 2.3 Mtoe of energy savings Energy efficiency has the potential to significantly reduce long-term energy demand in Canada according to a new report released today by the International Energy Agency. Energy Efficiency Potential in Canada to 2050, developed in co-operation with Natural Resources Canada and other Canadian stakeholders, outlines how current policies, combined with economically and technically feasible energy efficiency investments and measures, could deliver final energy savings of 1.9% per year on average through 2050. The study also assesses impacts of energy efficiency improvements in Canada on energy...

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Are we entering a Golden Age of Natural Gas? – IEA analysis

LNG meets the lion’s share of growth in long-distance gas trade in the period to 2040 “Are we entering a Golden Age of Gas?” – That was the question the International Energy Agency asked in 2011 when examining the combination of market dynamics and policies that might allow natural gas to thrive in the future. The idea of a “Golden Age” was built on a few pillars. On the supply side, the main thesis was that the abundance of unconventional gas resources would help to bring down supply costs, making natural gas more attractive and accessible worldwide. On the demand side, the...

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Energy efficiency efforts could create 118,000 Canadian jobs between now and 2030 – study

Environics Research found that 88% of Canadians were interested in buying more energy efficient appliances According to new research from Clean Energy Canada(CEC), Canada’s GDP will see a 1 per cent boost between now and 2030 thanks to energy efficiency measures with Canadian households saving $114 a year on average. Energy efficiency can help Canada cut one-quarter of the carbon pollution needed to meet its international climate commitment. The report states that an average of 118,000 annual jobs will be created due to economic activity enabled by energy efficiency measures. “We talk about energy a lot in this country. Seldom do...

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Advancing Africa with renewable energy auctions – IRENA

Renewable energy auctions in South Africa, Uganda and Zambia are changing renewables’ prospects on the continent Driven by a growing interest in renewable energy technologies as a competitive mechanism for price determination auctions have become the fastest growing renewable energy policy mechanism globally — increasing at a rate faster than even feed-in tariffs and feed-in premiums, according to the International Renewable Energy Agency. But while renewable energy auctions in predictably sun-drenched locations like Saudi Arabia have been making headlines for years, less media attention has focused on “energy leapfrog” countries in Sub-Saharan Africa, where low-price renewable generated electricity can mitigate potential...

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What is the difference between Canadian and US benchmark crude oil?

Between Jan. and April 2018 the differential between WTI and WCS has averaged US$22.50 Crude oil produced in Canada varies widely in quality and grade. Crude oil can be characterized as light, medium, or heavy, depending on its viscosity and sulphur content, according to the National Energy Board. In Canada’s major crude oil producing region, the Western Canadian Sedimentary Basin, three quarters of the crude oil produced is heavy. Heavy oil is a lower quality grade than light oil because it yields less high value end products, like gasoline and diesel. In addition, higher viscosity and sulphur content makes...

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