New board in place, US utility turns to clean energy study

New board in place, US utility turns to clean energy study

Both units at Cumberland went down for the entirety of the frigid conditions due to frozen implementation lines, he said. Many of the simple cycle and combined cycle gas plants were affected, but most of those were brought back online during the cold, Moul said. Even though TVA was able to put 1,000 megawatts back online after the initial outages, TVA decided to implement rolling blackouts on a second day to keep its power system stable.

TransAlta to buy interest in Alta. pumped hydro energy storage development for $8M

TransAlta to buy interest in Alta. pumped hydro energy storage development for $8M

TransAlta Corp. says it will acquire a 50 per cent interest in an early-stage pumped hydro energy storage development project in southwest Alberta.

The Calgary company says Montem Resources Limited currently owns the Tent Mountain Renewable Energy Complex the two companies will jointly manage with TransAlta acting as project developer.

David Yager to chair Alberta premier’s advisory council on energy future, report in June

David Yager to chair Alberta premier’s advisory council on energy future, report in June

Alberta Premier Danielle Smith has appointed a five-member panel “to map out Alberta’s energy future.”
The premier has taken a critical view of the “energy transition,” and its impact on Canada’s energy industry, which is principally based in Alberta.
It will be chaired by David Yager, an executive and writer with more than four decades of experience and expertise in the energy industry. Yager’s opinion columns have been a regular feature of Pipeline Online since its inception.

Cenovus CEO change, impact of Keystone shutdown and 2022 year end results

Cenovus CEO change, impact of Keystone shutdown and 2022 year end results

n announcing its year-end financials, Cenovus also announced a change in leadership. Alex Pourbaix, who has held the president and CEO position since 2017, will become executive chairman, and Jon McKenzie, the company’s current executive vice-president a chief operating officer, will become president and chief executive officer. These changes will take effect at the conclusion of the company’s annual general meeting (AGM) scheduled for April 26, 2023. At the AGM, McKenzie will be nominated for election to the Board of Directors

Decision on new Suncor CEO expected ‘very soon’

Decision on new Suncor CEO expected ‘very soon’

Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected “very soon.”

The Calgary-based oil producer and refiner has been on the hunt for a new CEO ever since former chief executive Mark Little resigned last July, under pressure from an aggressive activist investor and in the wake of a spate of workplace deaths and safety incidents.

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