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Ontario businesses applaud agreement between TransCanada, Enbridge Gas Distribution and Union Gas
In response to news that TransCanada's Energy East Pipeline project has reached an agreement with Ontario and Quebec distributors to guarantee long-term savings for natural gas consumers, the Ontario Chamber of Commerce and Canadian Manufacturers and Exporters recently welcomed the announcement. "As representatives of Ontario's business community, we applaud TransCanada and Ontario's gas companies, Enbridge Gas Distribution and Union Gas, for working together to ensure we continue to have access to a reliable and affordable supply of natural gas to power Ontario's economy," said Allan O'Dette, President and Chief Executive Officer, Ontario Chamber of Commerce.
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First Nations, Ontario sign political accord
Ontario Office of the Premier
Recently, the Chiefs of Ontario and the Government of Ontario signed a historic Political Accord that will guide the relationship between First Nations and the province.
Ontario Premier Kathleen Wynne signed the Accord for the Province, while Ontario Regional Chief Isadore Day signed on behalf of the Political Confederacy and Chiefs-in-Assembly. The Accord creates a formal bilateral relationship framed by the recognition of the treaty relationship.
OPG reports strong 2015 second quarter financial results
Ontario Power Generation
Ontario Power Generation recently reported its financial and operating results for the three and six months ended in June. Net income attributable to the shareholder for the second quarter of 2015 was $189 million compared to $357 million for the same period in 2014. Tom Mitchell, OPG's President and CEO said, "In the first half of the year, the higher production by the Darlington nuclear station made an essential contribution to the people and businesses of Ontario by providing reliable, moderately-priced power."
Hydro One board appoints Mayo Schmidt as Present and CEO
The Board of Directors for Hydro One recently announced the appointment of Mayo Schmidt as the company's incoming President and CEO. Mr. Schmidt assumes this role as Hydro One prepares for its transition to a publicly traded company. "We believe that Mr. Schmidt is the ideal person to lead Hydro One in its new era as a publicly held company, bringing a sharpened focus on system reliability, customer service and improved growth and performance," said David Denison, Chair of the Hydro One Board of Directors.
OPG partnering with SunEdison to seek solar contract
Ontario Power Generation has taken on a partner, SunEdison, for its proposed solar energy project at the Lambton Generating Station and at two other sites in the province. Ontario Power Generation announced earlier this year it plans to bid into Ontario's Large Renewable Procurement process, expected to award up to 140 MW of new solar electricity generation.
ICF International (NASDAQ:ICFI) provides professional services and technology solutions that deliver beneficial impact in areas critical to the world's future. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program lifecycle, from research and analysis through implementation and improvement.
Canada's Isowater Corp advances heavy water production
World Nuclear News
Canadian hydrogen isotopes supplier Isowater Corporation recently announced completion of a $3.2 million project to advance its D2X Process to produce heavy water (deuterium oxide, or D2O). Pressurized heavy water reactors use D2O as moderator, but there are a number of non-nuclear uses for the chemical compound. The Ontario-based company said availability of D2O has been on the decline for the past decade as inventories are consumed and existing limited production capacity ages.
Canada invests $115,000 for virtual tidal energy atlas
Recently, the government of Canada announced an investment of $65,000, through the Atlantic Canada Opportunities Agency's Innovative Communities Fund, in support of an online tidal energy atlas. This platform gathers physical, environmental and infrastructure data from tidal sites along the Bay of Fundy and makes this information accessible online.
With nine decades of continuous service, Hatch's power unit has a reputation for excellence and innovation in hydro, wind, solar, thermal and nuclear power, and transmission and distribution. Also active in petrochemicals with major assignments in the oil sands of Alberta, Canada, we are now working towards integrating different technologies to supply renewable energy as part of existing thermal schemes.
Bruce Power receives best ever annual safety report card from Canadian Nuclear Safety Commission
Bruce Power has received the highest marks in its 14 year history in the Canadian Nuclear Safety Commission's annual safety grading of Canada's nuclear plants. "We have worked very hard to continuously improve our safety performance and we're seeing those efforts reflected in the CNSC report card," said Duncan Hawthorne, President and CEO. "The credit for this goes to our employees as they are the ones who show up to work every day with an unwavering focus on safety."
Québec cap-and-trade system: Important deadlines for regulated emitters
Under Québec's cap-and-trade system, regulated emitters have until November 1 to ensure that their verified emissions do not exceed their greenhouse gas emission allowances. Failure by regulated entities to cover their GHG emissions with a sufficient number of emission units can result in severe sanctions.
Lessons for Bay Street's city slickers
Globe and Mail
Back when he was a business student in Topeka, Kan., Mayo Schmidt must have missed the class on corporate-speak. He prefers plain English, bluntly spoken. On his first day as CEO of what was then called Saskatchewan Wheat Pool, the company's public relations staff handed him a set of talking points for use with staff and the media. He threw it away. It wasn't honest enough.
PJM prices down 31 per cent from record-breaking 2014
PJM energy market prices were down almost 40 per cent in the first half of 2015 compared with 2014, while capacity and transmission service charges rose by double digits, the Independent Market Monitor reported recently. The load-weighted average real-time LMP, which hit $69.92/MWh in the first six months of 2014 largely due to the record-breaking polar vortex in January dropped to $42.30/MWh in 2015, the Monitor reported in its second-quarter State of the Market report.
Solar beats gas in Colorado
Renewable Energy World
SunEdison, the biggest clean-energy developer, began construction on a Colorado solar farm that will be the largest in the state and comes out ahead in direct competition with natural gas. The 156-megawatt Comanche solar farm will deliver power to Excel Energy's Public Service of Colorado utility under a 25-year agreement, Maryland Heights, Missouri-based SunEdison said in a recent statement.
California regulators propose framework to put a value on DERs
California Public Utilities Commission Commissioner Mike Florio has issued a proposed decision to reorganize the state's planning and reimbursement practices for utility and third-party distributed energy resources. The proposal is a plan to develop a comprehensive policy on DERs such as commercial and residential solar, energy storage, demand response, energy efficiency, and other distributed load serving assets used by utilities and grid operators.
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