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report on business
Energy-hungry AI models could strain water and power grids. Can the sector handle the demand?
explainer
Canada’s oldest power plants are getting major facelifts to bring them into the 21st century
"The headworks gantry crane (right) looms over the Robert H. Saunders Generating Station, one of Ontario Power Generation’s largest hydroelectric dams, on April 10, 2024." Credit Matthew McClearn/ The Globe and Mail
world
China’s push for greener aluminum hit by erratic rains, power cuts
FILE PHOTO: A worker walks through an aluminium ingots depot in Wuxi, China's Jiangsu province, September 26, 2012. REUTERS/Aly Song/File Photo
energy and resources
Alberta Utilities Commission fines another unlicenced power generator mining bitcoin
FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
opinion
Capital Power’s big carbon capture project is on hold – it’s a sign that we have to work even harder on decarbonizing Canadian industry
Michael Bernstein
energy and resources
Siemens Energy shakes up troubled wind unit after reporting strong quarterly results
FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023. REUTERS/Leo Simon/File Photo
energy and resources
Duke Energy’s first-quarter profit tops estimates as residential customers surge
FILE PHOTO: The company logo and ticker for Duke Energy Corp. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid/File Photo
report on business
New rules on renewable energy are driving away investment, Alberta government told
A wind turbine overshadows a grain elevator near Pincher Creek, Alta., Wednesday, March 9, 2016.THE CANADIAN PRESS/Jeff McIntosh
report on business
Competition Bureau launches inquiry into Lululemon over ‘greenwashing’ allegations
The Lululemon logo is seen on a wall at the company's headquarters in Vancouver, on Thursday, May 25, 2023. THE CANADIAN PRESS/Darryl Dyck
report on business
Can floating nuclear power plants help solve Northern Canada’s energy woes?
An illustration of a Transportable Nuclear Power Plant deployed in a protected harbour in an Arctic setting. Credit: Prodigy Clean Energy.
report on business
Latest national emissions report shows signs of progress toward Canada’s 2030 goal
A report from RBC says business spending on climate action needs to "rise exponentially" for the country to be on course for net zero emissions by 2050. A flare stack lights the sky from a refinery in Edmonton on December 28, 2018. THE CANADIAN PRESS/Jason Franson
report on business
Brookfield reaches framework deal to sell renewable power to Microsoft for data centres
FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch
report on business
Capital Power pulls plug on proposed $2.4-billion carbon capture and storage project
Edmonton-based Capital Power Corp. says it is no longer pursuing a proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. Capital Power’s Genesee Power Plant is seen near Edmonton in an Oct. 19, 2022, handout photo. THE CANADIAN PRESS/HO-Capital Power, Jimmy Jeong, *MANDATORY CREDIT*
international business
Microsoft, Brookfield to partner on renewable energy projects
Pedestrians and office workers walk past the Bay St. entrance to Brookfield Place in Toronto’s Financial District on July 12, 2022. Fred Lum/The Globe and Mail.
energy and resources
Alberta government to partially fund facility to test geothermal drilling techniques
Alberta Premier Danielle Smith speaks on invoking her government’s sovereignty act over federal clean energy regulations, along with Rebecca Schulz, Minister of Environment and Protected Areas and Nathan Neudorf, Minister of Affordability and Utilities, in Edmonton on Monday November 27, 2023. The Alberta government is helping fund what it says is Canada's first test site for geothermal energy drilling techniques.THE CANADIAN PRESS/Jason Franson.
energy and resources
G7 offers leeway to Germany, Japan in deal to quit coal by 2035
(FILES) A balloon flies above the coal-fired power station 'Scholven' in Gelsenkirchen, western Germany, on April 10, 2024. G7 energy ministers are close to committing to a common target of shutting down their coal-fired power plants "in the first half of the 2030s", a source told AFP on April 29, 2024. The meeting of the seven leading industrialised nations in Turin is the first big political session since the world pledged at the UN's COP28 climate summit in December to transition away from coal, oil and gas. (Photo by Ina FASSBENDER / AFP) (Photo by INA FASSBENDER/AFP via Getty Images)
report on business
Electricity imports from U.S. topped exports in February amid drought
Power lines are seen against cloudy skies near Murvale, Ont., northwest of Kingston, Wednesday, Sept. 7, 2022. For the first time in eight years, Canada imported more electricity from the U.S. than it exported in February amid prolonged dry conditions that have reduced hydroelectric generation. THE CANADIAN PRESS/Adrian Wyld
energy and resources
WEC Energy to acquire majority stake in solar project near Dallas
File Number: 4393368 Solar panels with blue sky. Credit: iStockphoto (Royalty-Free)
energy and resources
G7 energy ministers reach deal to shut down coal-fired power plants by 2035
FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, operated by Polish utility PGE, in Rogowiec, Poland, November 22, 2023. REUTERS/Kacper Pempel/File Photo
opinion
Copper is the new oil and Big Mining sees the metal as its lifeblood
Eric Reguly
energy and resources
COP29 climate summit host Azerbaijan defends oil and gas investments
President of Azerbaijan Ilham Aliyev holds a joint press conference with German Chancellor Olaf Scholz, not pictured, in Berlin, Germany, Friday April 26, 2024. Among other things, the meeting dealt with issues relating to foreign and security policy as well as economic and energy policy. (Hannes P. Albert/dpa via AP)
international business
Thyssenkrupp to sell 20% stake in steel unit to Czech billionaire Daniel Kretinsky
FILE PHOTO: Thyssenkrupp's logo is seen outside the elevator test tower in Rottweil, Germany, January 21, 2020. REUTERS/Michaela Rehle/File Photo
report on business
EVs aren’t burdening Canada’s electricity grids – yet
Tesla vehicles and Tesla charging stations at Applewood Village Plaza in Mississauga, Ont. are photographed on April 25, 2024. There are 32 charging stations at the plaza located just off the Queen Elizabeth Way.(Fred Lum/The Globe and Mail)
u.s. business
UPS and FedEx’s transition to electric vans slowed by battery shortages, low supply
ONTARIO, CALIFORNIA - APRIL 01: A UPS logo is displayed on a UPS truck on April 1, 2024 in Ontario, California. United Parcel Service (UPS) is slated to become the United States Postal Service’s (USPS) primary provider of air cargo, bringing an end to a 20-year partnership with FedEx. (Photo by Mario Tama/Getty Images)
energy and resources
Tough new EPA rules would force coal-fired power plants to capture emissions or shut down
FILE - The Marshall Steam Station coal power plant operates March 3, 2024, near Mooresville, N.C. A rule issued April 24, 2024, by the Environmental Protection Agency would force power plants fueled by coal or natural to capture smokestack emissions or shut down. (AP Photo/Chris Carlson, File)
energy and resources
Tumble in storage battery costs in coming years to boost shift to renewables, IEA says
FILE PHOTO: A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo
opinion
One small reference to carbon removal in 2024 budget, one big leap for Canada?
Lucy Hargreaves
international business
Solar firm SunPower to cut jobs, shut business segments
FILE PHOTO: The logo of the solar power generation company SunPower is seen inside one of their offices in Richmond, California, U.S., July 15, 2021. REUTERS/Peter DaSilva/File Photo
top links
AI-related data centre expansion creates investment opportunity in this power generation stock: Morgan Stanley
An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023.
opinion
Quebec has a lot riding on Rio Tinto’s green-aluminum project
Konrad Yakabuski
report on business
Alberta power grid operator under investigation by watchdog
With the sounds of humming overhead, transmission lines carry hundreds of kilovolts of electricity from ENMAX Calgary Energy Centre on April 23rd, 2024. (Louis Oliver/The Globe and Mail)
opinion
The Liberals promise billions for clean power. Don’t undermine it with politics
The Editorial Board
alberta
Alberta tables legislation seeking more control over utility rates
CALGARY, Alberta, July 4, 2001--POWER LINES--Power lines lead into Calgary Wednesday, July 4, 2001. (photo by Jeff McIntosh for the Globe and Mail)
british columbia
First Nation solar farm in B.C. expected to save 1.1 million litres of diesel a year
A First Nation in central British Columbia is getting what the federal government says will likely be the largest off-grid solar project in Canada. A solar panel array is seen outside the administration building at the Tsleil-Waututh Nation, in North Vancouver, B.C., Thursday, June 15, 2023. THE CANADIAN PRESS/Darryl Dyck
alberta
Report suggests little progress in first year of Alberta’s emissions reduction plan
A survey from a clean energy think-tank says Alberta has done little to implement its plan to reduce its greenhouse gas emissions. Alberta Premier Danielle Smith speaks at an announcement in Edmonton, Monday, Nov. 27, 2023. THE CANADIAN PRESS/Jason Franson.
report on business
Indigenous communities are leading Canada’s clean energy transition