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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
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Who knew? Unicorn farts have no gigajoules ;)

B.C. Hydro in negotiations to buy gas-fired plant in Campbell River​

The Island Generation plant is a source of power for the Island when demand for energy spikes during long periods of heat and cold.

B.C. Hydro is in negotiations to acquire a natural-gas fired electricity plant in Campbell River that helps supply the Vancouver Island grid during extreme weather events.

The potential deal with Edmonton-based Capital Power, which owns the 275-megawatt Island Generation facility, comes as the utility forecasts escalating electricity demands, and waits for ambitious wind and solar projects to be built by 2030, as mandated under the province’s Clean Energy Act.

B.C. Hydro said in a statement that it has a “strategic interest” in Island Generation as it plans for future capacity needs, and that acquiring the plant would allow it to continue using an “existing, well‑located asset to meet those needs in a practical and cost-effective way.”

It did not provide any further detail, saying only that negotiations are ongoing and “commercially sensitive.”

B.C. Hydro’s acquisition of the plant would be good news for Campbell River Mayor Kermit Dahl, who has been advocating for the utility to buy or extend the contract with the facility so his city can attract new industries and jobs.

 
Deadline extended to comment on proposed changes to speed up the major projects approval sausage machine ...
... with this from the info-machine itself:
Quelle surprise.
 
Liberals are surprised that people thought they might be serious this time.

Competition Crying GIF by Discovery
 
So 10 years of socialist engineered forest management isn't working?

Who knew ;)

With Canada's timber industry in crisis, forests ministers agree old methods won’t work​

Federal government to release action plan after report found internal barriers holding up industry​


A final report released this week said the most significant barriers to reviving the industry are homegrown, including excessive regulations, underinvestment in manufacturing, low innovation and poor domestic demand for wood.

Hogan said the federal government will respond "within a matter of days" with an action plan that will lead to a national strategy to "make the forest sector vibrant."

 
UK bellying up to the LNG bar....

Uk'S Centrica Signs Natural Gas Supply Deal With Canada's Peyto​


Britain's Centrica said on Wednesday it had signed a 10-year gas supply deal with Canada's Peyto Exploration and Development for 50,000 million British thermal units of natural gas per day starting in 2029.

The volumes equate to about five liquefied natural gas cargoes per year. Pricing will be linked to the European benchmark Title Transfer Facility, Centrica said.

"By linking feed gas pricing to European benchmarks and maintaining flexibility across global markets, the deal enhances Centrica Energy's ability to manage market exposure and optimize its LNG portfolio," the company added.

Centrica signed a similar deal with Canadian exploration firm Whitecap Resources in February.

For Peyto, the agreement provided long-term exposure to international LNG-linked pricing, supporting its strategy to diversify beyond North American benchmarks, the companies said.

 
Another German firm is lining up to buy Nat Gas from BC.


".....could see the company buy two million tonnes of gas a year, with deliveries beginning as early as 2032."
 
Another German firm is lining up to buy Nat Gas from BC.


".....could see the company buy two million tonnes of gas a year, with deliveries beginning as early as 2032."
" But there's no business case for that "
Sadly for Mr Trudeau that quote amongst others will haunt his legacy.
An off the cuff remark which showed a startling ignorance of some who resided in a high energy civilization and who somehow never noticed said civilization..
 
" But there's no business case for that "
Sadly for Mr Trudeau that quote amongst others will haunt his legacy.
An off the cuff remark which showed a startling ignorance of some who resided in a high energy civilization and who somehow never noticed said civilization..
That's just one of the rhetorical devices of people opposed to something.

"It'll take a long time and by then we won't need it or it will be obsolete."

If a day ever arrives when it is needed, they switch to a variant:

"It'll take too long and the need will likely be over before we finish."

The aim is just to keep putting something off. This bullshit has mainly been peddled to stall exploitation of fossil fuels. The rhetorical template should be recognized, ridiculed, and ignored whenever it pops up. It is a flavour of "safety concerns".
 
The aim is just to keep putting something off. This bullshit has mainly been peddled to stall exploitation of fossil fuels. The rhetorical template should be recognized, ridiculed, and ignored whenever it pops up. It is a flavour of "safety concerns".

Sometimes the announcement is just as or more politically valuable than any deliverable.
 
They must have finally guessed the right number ;)

Ksi Lisims LNG signs benefit agreements with First Nations, challenges withdrawn​


The lead developer of the Ksi Lisims liquefied natural gas project planned for the West Coast has announced benefit agreements with three First Nations in northern British Columbia, two of which it says have withdrawn legal challenges against the $10-billion plant and export terminal.

Houston-based Western LNG distributed three separate press releases Tuesday announcing agreements with the Metlakatla First Nation, Lax Kw’alaams Band and Gitxaala Nation.

The Metlakatla and Lax Kw’alaams filed separate judicial review applications in Federal Court last fall, alleging Ottawa ignored their concerns about the adverse impacts from the $10-billion project planned for Pearse Island, by the border with Alaska.

The Lax Kw'alaams news release said as part of the benefit agreement, which includes procurement opportunities, it has withdrawn its challenge. A spokeswoman for Western LNG later confirmed the Metlakatla had withdrawn its lawsuit as well.

 
UK bellying up to the LNG bar....

Uk'S Centrica Signs Natural Gas Supply Deal With Canada's Peyto​


Britain's Centrica said on Wednesday it had signed a 10-year gas supply deal with Canada's Peyto Exploration and Development for 50,000 million British thermal units of natural gas per day starting in 2029.

The volumes equate to about five liquefied natural gas cargoes per year. Pricing will be linked to the European benchmark Title Transfer Facility, Centrica said.

"By linking feed gas pricing to European benchmarks and maintaining flexibility across global markets, the deal enhances Centrica Energy's ability to manage market exposure and optimize its LNG portfolio," the company added.

Centrica signed a similar deal with Canadian exploration firm Whitecap Resources in February.

For Peyto, the agreement provided long-term exposure to international LNG-linked pricing, supporting its strategy to diversify beyond North American benchmarks, the companies said.



FFS ... they have their ain gas supply and the eejits are buying oors?

And their Prime Minister, and Energy Minister, and our past and current Prime Ministers, all belong to the same club.
 
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They must have finally guessed the right number ;)

Ksi Lisims LNG signs benefit agreements with First Nations, challenges withdrawn​


The lead developer of the Ksi Lisims liquefied natural gas project planned for the West Coast has announced benefit agreements with three First Nations in northern British Columbia, two of which it says have withdrawn legal challenges against the $10-billion plant and export terminal.

Houston-based Western LNG distributed three separate press releases Tuesday announcing agreements with the Metlakatla First Nation, Lax Kw’alaams Band and Gitxaala Nation.

The Metlakatla and Lax Kw’alaams filed separate judicial review applications in Federal Court last fall, alleging Ottawa ignored their concerns about the adverse impacts from the $10-billion project planned for Pearse Island, by the border with Alaska.

The Lax Kw'alaams news release said as part of the benefit agreement, which includes procurement opportunities, it has withdrawn its challenge. A spokeswoman for Western LNG later confirmed the Metlakatla had withdrawn its lawsuit as well.



Next step - to add an oil terminal.

We already know what they are. Now we are just haggling over price.
 
Not sure what they think they get out of it instead of the current situation where Crown Corps run them and government owns them. Most of the problems with our ports is intermodal movement in and out and that is out of the ports hands anyways.
 
Not sure what they think they get out of it instead of the current situation where Crown Corps run them and government owns them. Most of the problems with our ports is intermodal movement in and out and that is out of the ports hands anyways.
Cash. Cold, hard cash. That is what the feds want by selling airports and sea ports.
 
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