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Recent Articles

HTEC, B.C. gov’t expand hydrogen vehicle fuel network

2 years ago

BIZ   •   • 

The first public hydrogen-fuelling station has opened on Vancouver Island. Vancouver-based Hydrogen Technology and Energy Corporation (HTEC) partnered with 7-Eleven Canada to open the facility, at an Esso in Saanich.

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South Korea’s DongShin Motech Ltd. will invest up to $90 million on a new battery casing facility to supply the $5-billion Stellantis–LG Energy Solutions Windsor battery factory announced earlier this year.

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Gary Annett, the head of Vale’s Manitoba operations, recently highlighted current exploration work and the company’s moves to take advantage of increasing demand for nickel as a key component in the production of electric vehicle batteries.

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Volvo Construction Equipment (CE), a part of Volvo Group, delivered the first “fossil-free” vehicle, an A30G articulated hauler, to customer NCC last week. Volvo’s fossil-free claim applies solely to the steel for this vehicle.

Energy Profiles

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Hydro-Quebec and Tarquti Energy Inc. announced a new agreement on Monday to develop green energy across Nunavik, something Inuit leaders say will be transformative for the region.

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A union in British Columbia is pushing two of Canada’s largest financial institutions to rethink their involvement with a private equity industry that opaquely controls large portions of the country’s oil and gas sector.

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Long discussed but rarely used, carbon capture and storage projects — which bury waste CO2 underground — are on the rise globally. Some scientists see the technology as a necessary tool in reducing emissions, but others say it simply perpetuates the burning of fossil fuels.

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As the pressures to decarbonize mount, Ernst & Young (EY) Net Zero Centre analysis revealed that achieving net-zero emissions means carbon credits volume will grow by 40x and price be at $150 per tonne by 2035.

Global Property Market

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Norway’s Sunlit Sea has a vision to “steer the world’s transition to floating solar as a renewable energy source”. The company has created prefabricated floating solar panels that save time, reduce risk and require fewer personnel to assemble the modules.

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A new coalition using academic research to help accelerate clean energy technology, including long duration energy storage and carbon capture, is being led by Princeton University and founding members Google, GE and ClearPath.

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With grid operators signalling that the summer could bring power shortfalls, companies that pool together resources such as residential and commercial solar, storage and microgrids are poised to jump in and provide grid flexibility.

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Regulatory lethargy around moderately flammable refrigerants is squelching policy intent to reduce reliance on products with high global warming potential. It could be undermining efforts to encourage electric heat pumps in place of gas-fired heating and domestic hot water systems.

Home by AVI

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At least six per cent — and up to 10 per cent — of homes are already uninsurable for flood risk, said Craig Stewart, who works with the Insurance Bureau of Canada. According to Stewart, flooding will continue without government intervention.

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In recent years, insurers have faced up to climate campaigners with an uncomfortable regularity. Through reports and research, or in-person and virtual rallies, the climate issue and what fossil fuels insurers will cover has been kept very much under scrutiny.

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The state is expected to need more than 1.2 million chargers by 2030 to meet the fuelling demands of the 7.5 million electric vehicles anticipated to be on California roads, according to the California Energy Commission.

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Shell has announced the launch of the Shell Energy brand into the residential power market to provide eligible customers in Texas with renewable electricity. The plan includes free charging during off-peak hours and a fixed electricity rate.

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The ESG investment industry may be headed for a reckoning as companies battle high-interest rates. That’s according to James Penny, who’s been running ethically focused funds for years and is currently the London-based chief investment officer at TAM Asset Management.

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Corporate America’s commitment to environmental justice has been tepid to non-existent. To create an environmental justice policy that embodies both pragmatism and aspiration, here is a five-step planning process that can match business capabilities with societal needs.

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Australia’s plans to overhaul its strained power grid are running into community protests that threaten to slow investments in wind and solar farms needed to replace retiring coal-fired power generation over the next 25 years.

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The World Meteorological Organization recently released a report that said there is a 50–50 chance the planet’s annual temperature will exceed a 1.5°C rise between now and 2026. Seven years ago, the probability of this happening was close to zero.

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