Time to spark a revolution in the power utility sector

Unsustainable debts, regulatory structure and evolving market conditions are holding utilities back

Time to spark a revolution in the power utility sectorNorth American power utilities are grappling with a growing crisis and dramatic changes are needed. Nearly all the utilities on the continent (privately held or Crown corporations), and even some Brazilian hydroelectric companies that trade on the New York Stock Exchange, have negligible or outright negative free cash flow. The reasons should concern Canadian taxpayers…

What does the future hold for Calgary’s economy?

The economy is experiencing its most significant transformation since the industrial revolution. It's time for Calgary to get creative

What does the future hold for Calgary’s economy?There's only one certainty in life: change. So the next wave of prosperity in Calgary, Canada's most dynamic city, will probably not be driven by another oil and gas boom. There's an old saying that “nothing fails like success.” This proverb is used to describe a tendency to stick with what we're good at, simply…

Pipe dreams: Taking pipeline obstructionism to a whole new level

B.C.’s government seems intent on crippling the Canadian economy and tearing apart inter-provincial relations

Pipe dreams: Taking pipeline obstructionism to a whole new levelThe B.C. government has thrown yet another wrench in the gears of the Canadian provincial comity with a declaration that it will create a new regulatory process for pipeline approval and restrict how much bitumen can be moved through pipelines into the province. The government, led by Premier John Horgan, also announced it will create…

Is Ottawa really committed to new resource development?

It's doubtful. Its plan to “improve” the NEB actually makes it more difficult and costly for business to navigate

Is Ottawa really committed to new resource development?By Kenneth Green and Ross McKitrick The Fraser Institute The federal government recently announced its plan to “improve” the National Energy Board. The language of the announcement is all “sunny ways,” promising to be all things to all stakeholders. But the promises are incompatible. The announcement says the new approval process for major energy projects will…

Sooner or later, we will turn away from oil

Part 2: Albertans can lead the next economic revolution by pioneering new energy enterprises

Sooner or later, we will turn away from oilShould Alberta be allowed to move its unrefined diluted bitumen to British Coumbia’s tidewater in Burnaby via pipeline and then quadruple tanker traffic through Vancouver harbour, the city that bills itself as the world’s greenest? And does the pipeline proponent, Kinder Morgan, have the permission of the Musqueam, Squamish and Tsleil-Waututh First Nations, the unceded…

Prepping for the reality of privatizing Canada’s power utilities

The uncertain future of Puerto Rico's badly managed power utility (PREPA) should serve as a clear warning to several provincial governments

Prepping for the reality of privatizing Canada’s power utilitiesPublic power utilities from B.C. to Newfoundland have expanded enormously, adding copious debt to provinces. This has burdened consumers and businesses with increasingly high power bills and will eventually lower their standards of living. With unsustainable debts, the provinces are going to be in trouble and restructuring looms for these companies. What’s happening in Puerto…

Turning Alberta’s inactive wells back into assets

Part 3 of a six-part series: ReGenerate Alberta wants to seize a business opportunity and answer a social challenge all at once

Turning Alberta’s inactive wells back into assetsAlberta has a skeleton in its closet no one really wants to talk about. Even when we do, the bone rattling isn’t necessarily good talk. The problem is Alberta’s steadily-growing ranks of aging oil and gas assets that haven't been properly readied for (permanent) retirement. The liability those aging assets represent has burgeoned steadily over recent…

Building bridges of trust to energy decision-making

Part 2 of a six-part series: Positive Energy is one of the key entities capable of constructively shaping the way Canadians understand and discuss energy issues

Building bridges of trust to energy decision-makingCanada's energy scene desperately needs a pracademy: a place where theory meets practice; where dialogue is robust and respectful; where ideas become reality and find purpose in everyday life. It’s a place where practitioners and academics put their heads together in a powerful ‘four-D’ combination of idea development, discussion, decisions and deployment. So what would an…

Wells-to-wheels meets farm-to-fork

A supercluster project is pairing the once-disparate oilsands and oilseeds industries. The benefits could impact all Canadians

Wells-to-wheels meets farm-to-forkCan two acronyms help position Canada as a global economic and environmental leader? Or, what do oilsands companies and oilseeds producers have in common? (Here's a hint: air, water and land.) Just ask SASC and CRIN. The first is the Smart Agri-Food Supercluster, the latter is the Clean Resource Innovation Network. One is obviously a product of…

Unplugged from the reality of our energy needs

The green movement’s fossil-fuel divestment crusade hurts the poor and middle class

Unplugged from the reality of our energy needsIf you ever wonder how academics and activists combine to end up utopian, anti-poor and anti-middle class all at once, look no further than calls for savings and pension divestment from Canadian oil and gas companies. One academic from Toronto’s Ryerson University wrote of how “we are facing an impending disaster” from fossil fuels. The professor had…