As SaskPower talks about new solar, nukes and a transmission line to the U.S., wind power drops to 3.6% output the next day

As SaskPower talks about new solar, nukes and a transmission line to the U.S., wind power drops to 3.6% output the next day

For two days, SaskPower held open house session in Estevan about future projects planned for the area, including a 650 megawatt bi-directional power line connecting to the United States, possibly two nuclear reactors, and a 100 megawatt solar farm. SaskPower officials also spoke of an additional 3,000 megawatts of wind and solar power to be constructed by 2035. (Watch for a detailed story on Wednesday)
The next day, on March 25, SaskPower’s “Where Your Power Comes From” web page listed just how much power was produced by wind. And it wasn’t much.

Saskatchewan’s Critical Mineral Strategy’s flow through shares a big deal for junior mining company Buffalo Potash

Saskatchewan’s Critical Mineral Strategy’s flow through shares a big deal for junior mining company Buffalo Potash

If you’ve spent the last few years trying to put together the money to launch a new potash company, the announcement of Saskatchewan’s new Critical Mineral Strategy on March 27 just might sound like music to your ears.
That certainly is the case for Steve Halabura, CEO and founder of Saskatchewan-based Buffalo Potash, a startup that’s seeking to apply oilfield techniques and technology to small modular potash development.

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Canadian reporter challenges Biden on the hypocrisy of killing Keystone XL, but approving Alaska Willow Project last week

Canadian reporter challenges Biden on the hypocrisy of killing Keystone XL, but approving Alaska Willow Project last week

In the joint press conference held by Prime Minister Justin Trudeau and American President Joe Biden in Ottawa on March 24, the last question posed came from a Canadian Press reporter who challenged Biden on his administration’s hypocrisy from killing the Keystone XL pipeline but recently allowing the Willow Project in Alaska.  

It also turns out, math is hard

Verbatim: Joint statement from President Joe Biden and Prime Minister Justin Trudeau, with plenty to say on energy

Verbatim: Joint statement from President Joe Biden and Prime Minister Justin Trudeau, with plenty to say on energy

Editor’s note: Sometimes its worth hearing, or reading things, “from the horse’s mouth,” as it were. Here’s the full joint statement from Prime Minister Justin Trudeau and President Joe Biden on Friday, March 24, the day of Biden’s first state visit as president. I have bolded areas of interest to the energy sector. There are references to electric vehicles, critical minerals, net-zero, electricity, coal, nuclear fuel and reactors, and even pipelines. Pay particular note to the announcement of a one-year “Energy Transformation Task Force.”

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Activist investor wants Parkland to consider strategic alternatives

Activist investor wants Parkland to consider strategic alternatives

A U.S. activist investor has set its sights on Calgary-based Parkland Corp., urging the fuel retailer to consider selling or spinning off its Burnaby, B.C., refinery.

New York-based Engine Capital LP., which owns about a two per cent stake in Parkland, sent a letter to the company’s board on Wednesday. In the letter, Engine criticized Parkland for being “unable to translate its advantaged strategic position and quality assets into adequate returns for shareholders,” and said the company could achieve better performance by becoming a pure play fuel and convenience retailer and getting rid of non-core assets.

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Canada will take a ‘hard long look’ at UN call to speed emissions reduction: minister

Canada will take a ‘hard long look’ at UN call to speed emissions reduction: minister

Canada has set at least eight different emissions targets since 1988, and has failed to meet any of them to date. Its next target in 2030 hinges heavily on being able to ratchet down emissions from the oil and gas sector.

That 2030 target currently is to cut emissions so they are between 55 and 60 per cent of what they were in 2005. Based on emissions levels in 2020, meeting the 2030 goal would mean cutting about 23 million tonnes of emissions a year, on average. That’s the equivalent of taking five million passenger cars off the road every 12 months until the end of the decade.

Alberta moves to force oilpatch to pay owed taxes above ‘threshold’ amount

Alberta moves to force oilpatch to pay owed taxes above ‘threshold’ amount

The Alberta government is taking steps to force oilpatch companies to make good on their unpaid municipal taxes, including sending reminders from provincial cabinet ministers to those in arrears.
On Monday, Guthrie said he’s issued an order that blocks companies from acquiring or transferring licences on wells or other assets if their unpaid taxes exceed a threshold amount. That threshold is yet to be determined and is to be set by the Alberta Energy Regulator and Alberta Municipal Affairs.