Author: Jude Hislop

Investors gather in Calgary in investigate large-scale renewables in Alberta, Saskatchewan

2018’s Summit focuses includes incentivizing indigenous partnerships on renewable energy Global leaders in renewable energy finance and development are preparing to meet next month in Calgary to gain a clear understanding of evolving large-scale renewables opportunities in Alberta and Saskatchewan, according to a press release. The 3rd Annual Alberta & Saskatchewan Renewable Energy Finance Summit takes place Feb. 5-6 at the Westin Calgary. Organized by Canadian Clean Energy Conferences, the Summit offers the first networking opportunity for lenders, developers, government, system operator and indigenous communities following the results of Round 1 of Alberta’s Renewable Electricity Program (REP) which were announced in...

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Half of US utility-scale generation capacity installed in 2017 came from wind, solar

In early spring, California’s total solar share of electricity demand exceeded 50% during mid-day hours Once final data are in, EIA expects about 25 gigawatts (GW) of new utility-scale electric generating capacity to have been added to the power grid during 2017, nearly half of which use renewable technologies, especially wind and solar, according to the U.S. Energy Information Administration Another 3.5 GW of small-scale solar net capacity additions are estimated to have come online in 2017. Of the renewable capacity additions in 2017, more than half came online during the fourth quarter. Renewable capacity additions are often highest in the final months of the year, in part because of timing qualifications for federal, state, or local tax incentives. Estimated fourth-quarter capacity additions for 2017 are based on planned additions reported to EIA and are subject to change based on actual project completions. Monthly U.S. renewable electricity generation peaked in March at 67.5 billion kilowatthours, or 21 per cent of total utility-scale electricity generation. In late spring, the melting snowpack from a winter characterized by higher-than-average levels of precipitation increased hydroelectric generation, while strong wind resources in March also produced a peak in monthly wind generation for the year. Most renewable generation in 2017 came from the Western census division, which accounted for the majority of the hydroelectric (67 per cent) and solar (69 per cent) generation. Wind generation...

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Canada creates new SmartDriver Program to reduce GHG, costs in commercial trucking

Heavy-duty vehicles account for 37% of GHG emissions in transportation sector The Federal government announced a Natural Resources Canada (NRCan)’s flagship training program for commercial truck drivers which offers improved tools to prepare drivers for the demands of modern trucking, according to a press release. Today’s operating environment for the commercial transportation industry is marked by growing fuel costs and the need for increased environmental responsibility. “This program will help meet the trucking industry’s growing demand for safe, fuel-efficient drivers, while educating existing operators on improved driving techniques. The real savings come in the form of reduced greenhouse gas...

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Changing utility business models and electricity investment in Europe – IEA

6 utilities collectively called on EU to increase renewable energy target of 35% by 2030 By IEA Energy Investment Analysts Michael Waldron and Yoko Nobuoka. The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the electricity sector. In many markets, utilities serve as reliable purchasers of power, facilitating investments by independent power producers. But as the role of electricity in the world economy expands, technology innovation creates new opportunities and governments simultaneously prioritise electricity...

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Canadian auto industry set to gear down in 2018

American millennials buy new vehicles at half the rate of those aged 35 to 54 Canada’s motor vehicle manufacturing industry is facing declining demand from U.S. consumers and uncertainty surrounding trade relations is raising questions about the industry’s future prospects, according to the Conference Board of Canada. Following a 3.8 per cent drop in 2017, industry production will rise by just 0.8 per cent this year. “New vehicle sales in the United States are coming off the peak reached in 2016 as pent-up demand from the aftermath of the global recession is satisfied. Going forward, demand for new vehicles...

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