Imagine this: Your electrical panel is in your neighbour’s basement.
Author of the article: Peter Tertzakian, Special to the Postmedia Network
Publishing date: May 19, 2021 • 1 day ago • 3 minute read • A sign marks the Enbridge Line 5 pipeline on the Canadian side of the St. Clair River. Central Canada and Michigan are in a standoff about this pipeline which carries 540,000 barrels of Western Canadian oil through a U.S. shortcut on the south side of the Great Lakes. Photo by Postmedia
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Imagine this: Your electrical panel is in your neighbour’s basement.
Their house, located across the back alley, goes up for sale every four years, and you have no idea who is going to move in. The new owner could be your new best friend or an insensitive curmudgeon who threatens to cut off your power by throwing the main breaker switch. You’re an energy hostage to your neighbour.
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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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Try refreshing your browser, or 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.
Article content
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.
We apologize, but this video has failed to load.
Try refreshing your browser, or 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.