Cenovus CEO: Without cheap, abundant, affordable energy, life is brutal. Life is short
“I’m really optimistic about this is oil and gas industry really, for two reasons. One is, I think Premier Moe mentioned this, is that without cheap, abundant, affordable energy, life is brutal. Life is short. You know, there’s one thing that First World nations all have in common: they have cheap, reliable, abundant energy. And today, hydrocarbons make up just over 80 per cent of that energy mix.” – Cenovus’s new CEO Jon McKenzie.
Saskatchewan will not meet Net Zero by 2035, but will aim for 2050
Here’s a lot more depth on what was said during Tuesday’s press conference about SaskPower and Saskatchewan’s electrical generating future, and there are additional stories to come as well.
Saskatchewan can’t meet Net Zero by 2035, so we won’t: full press conference video
There’s a lot to unpack here, from plans to continue coal use until 2044, to substantial adoption of nuclear power in the future. We’re still going to build wind and solar, but there’s acknowledgement they can be totally unreliable, and natural gas backup for them is needed.
Nine years after SaskPower pioneered carbon capture on coal, the US intends on adopting it wholesale
REGINA, WASHINGTON – In 2011, the Government of Saskatchewan and SaskPower made the decision to go ahead with post-combustion carbon capture on Boundary Dam Unit 3. By 2014, a few months delayed and a few hundred million over budget, the $1.6 billion project was...
SaskPower quietly announces natural gas-fired Aspen Power Station at Lanigan
Major project could soon run afoul of impending federal greenhouse gas emissions regulations, but Saskatchewan needs to keep the lights on, and power its mines.
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