Alberta Energy

Energy Minister to Strengthen Ties With U.S.

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Courtesy of Alberta Energy. View original article here. Energy Minister Margaret McCuaig-Boyd will travel to Bismarck, N.D. to promote Alberta’s energy industry and meet with U.S. legislators who are members of the Energy Council. The Energy Council is a group of state-level American legislators, mostly from energy-producing and -refining states, who meet to discuss energy… [Read More…] about Energy Minister to Strengthen Ties With U.S.

Taking Action to Protect Electricity Consumers

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Courtesy of Alberta Energy. View original article here. Proposed legislation introduced today would cap electricity prices and protect the pocketbooks of Albertans. If passed, An Act to Cap Regulated Electricity Rates would ensure Alberta families, farms and small businesses on the Regulated Rate Option would not pay more than 6.8 cents per kilowatt hour over a four-year… [Read More…] about Taking Action to Protect Electricity Consumers

Cleanup Boost for Old Oil and Gas Sites to Create Jobs

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Courtesy of Alberta Energy. View original article here. Albertans will have a cleaner, safer environment and more jobs in the process thanks to a funding boost to address orphaned wells. The Alberta government has introduced legislation that would allow it to lend the Orphan Well Association (OWA) $235 million to speed up proper abandonment and… [Read More…] about Cleanup Boost for Old Oil and Gas Sites to Create Jobs

Review of Old Wells to Protect Albertans, Environment

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Courtesy of Alberta Environment. View original article here. The province is working with industry and experts to find ways to better protect Albertans and the environment by improving policies for managing old oil and gas facilities.  Subject matter experts and key stakeholders will take part in roundtable discussions on improving the management of historic, current… [Read More…] about Review of Old Wells to Protect Albertans, Environment

Optimism, More Activity Mark Royalty Review Anniversary

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Courtesy of Alberta Energy. View original article here. Rig counts across Alberta have risen substantially compared with this time last year as economic activity and jobs return in the energy sector. The increased activity is taking place one year after the Alberta government announced its modernized royalty framework, which encourages industry to innovate and reduce… [Read More…] about Optimism, More Activity Mark Royalty Review Anniversary

Alberta Sets Out Energy Efficiency Vision

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Courtesy of Alberta Energy. View original article here. A new energy efficiency report gives the province a road map for creating jobs, diversifying the economy and saving Albertans money. The new report points to programs like small-scale solar and greater use of energy-saving appliances as ways to improve the lives of Albertans. Alberta now has a… [Read More…] about Alberta Sets Out Energy Efficiency Vision

Albertans Now Allowed to Generate More Green Electricity

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Courtesy of Alberta Energy. View original article here. The Alberta government is promoting greener energy by providing more flexible rules about how Albertans can generate their own electricity. Changes to the regulation that governs micro-generation include increasing the size limit to five megawatts from one megawatt and allowing a micro-generating system to serve adjacent sites, which… [Read More…] about Albertans Now Allowed to Generate More Green Electricity

Modernized Royalty System Ready for the New Year

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Courtesy of Alberta Energy. View original article here. Alberta’s modernized royalty framework for new oil and gas wells will come into effect Jan. 1, 2017 and will include two new programs to encourage industry to explore new areas and boost production. With the approval of a series of regulatory changes, Alberta’s Modernized Royalty Framework is… [Read More…] about Modernized Royalty System Ready for the New Year

Additional PPA Agreements Reached With AltaGas Ltd. and TransCanada Energy Ltd.

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Courtesy of Alberta Energy. View original article here. The Government of Alberta has reached final agreements to settle power purchase arrangements (PPAs) with AltaGas Ltd. and TransCanada Energy Ltd. The agreements will terminate the PPA held by ASTC Power Partnership, a partnership between AltaGas and TransCanada, for Sundance B. The agreements will also terminate TransCanada’s… [Read More…] about Additional PPA Agreements Reached With AltaGas Ltd. and TransCanada Energy Ltd.

Petrochemical Plants Will Diversify Economy, Create Jobs

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Courtesy of Alberta Energy. View original article here. Two new petrochemical projects approved by the provincial government will add jobs, diversify the energy industry and create lasting benefits for Alberta’s economy. The economy will get a substantial boost from two projects that would, for the first time in Alberta, process propane extracted from natural gas… [Read More…] about Petrochemical Plants Will Diversify Economy, Create Jobs