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Old energy, meet new energy.
Two new announcements illustrate how Canada’s existing energy system is intersecting with the new energy complex, erasing the line between them.
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Chris Varcoe: New Alberta wind farm deal and gas cleantech fund take off, pointing to changing energy future Back to video
On Thursday, supermajor Shell inked a long-term deal to buy power from a new $200-million-plus wind farm to be built northeast of Drumheller by BluEarth Renewables of Calgary.
Separately, a group of natural gas producers, including Tourmaline Oil, ARC Resources and Birchcliff Energy, has joined forces with other energy companies to establish a new $35-million equity fund that will invest in fledgling cleantech businesses.