SaskPower literally doubling down on wind and solar, despite days like Oct. 3 when wind produced 7% capacity

SaskPower literally doubling down on wind and solar, despite days like Oct. 3 when wind produced 7% capacity

SaskPower is on track to reduce its CO2 emissions by at least 50 per cent from 2005 levels by 2030. In the process, the amount of non-emitting electricity in Saskatchewan’s generation mix will increase from approximately 35 per cent today to between 40 and 50 per cent, the press release said.

But that’s nameplate capacity – the theoretical amount facilities can put out in ideal conditions. The reality has proven to be far from that. Wind and solar typically produce nothing near nameplate capacity, and coal and natural gas combined make up 65 to 84 per cent of Saskatchewan power production on any given day.

War fallout, aid demands overshadow climate talks in Egypt

War fallout, aid demands overshadow climate talks in Egypt

  By Frank Jordans And Seth Borenstein in Berlin BERLIN (AP) — When world leaders, diplomats, campaigners and scientists descend on Sharm el-Sheikh in Egypt next week for talks on tackling climate change, don't expect them to part the Red Sea or other miracles...

Canadian Natural touts its economic contribution against backdrop of soaring profits

Canadian Natural touts its economic contribution against backdrop of soaring profits

Canadian Natural Resources Ltd.’s president Tim McKay added his voice Thursday to the chorus of oilsands executives who in recent days have been pushing back against critics by touting their industry’s contributions to the overall economy.

McKay, who heads Canada’s largest oil and gas producer, said on a third-quarter earnings conference call on Thursday that CNRL is expected to contribute $11 billion in taxes and royalties to federal and provincial governments this year, a 120 per cent increase from 2021.

Enbridge CEO says federal incentives for clean tech will spur investment in Canada

Enbridge CEO says federal incentives for clean tech will spur investment in Canada

The new incentives for clean energy development in the federal government’s fall fiscal update will make a real difference in helping to attract investment capital to Canada, the chief executive of Enbridge Inc. said Friday.

On a conference call to discuss the pipeline giant’s third quarter financial results, CEO Al Monaco said the Calgary-based company is encouraged by measures announced by Finance Minister Chrystia Freeland on Thursday. 

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