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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.
 
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