Facts about Atlantic Canada’s Energy Sector: Atlantic Canada’s energy sector directly employed more than 16,500 jobs in 2023. Atlantic Canada’s energy sector indirectly employed more than 21,200 jobs in 2023. The Atlantica Centre for Energy used data from Careers in Energy's latest report, combined with electricity sector
Facts about Atlantic Canada’s Energy Sector: The average compensation for paid employees in Atlantic Canada's energy sector was $102,508 in 2022. This is more than 1.5 times the average for other jobs in the region. The Atlantica Centre for Energy analyzed data from Statistics Canada to determine
Facts about Atlantic Canada’s Energy Sector: There is more than $40 billion in planned capital spending on projects across Atlantic Canada beginning before 2030. The Atlantica Centre for Energy closely monitors energy news across Atlantic Canada, including public investment decisions and new energy and economic research. The
Facts about Atlantic Canada’s Energy Sector: Canada’s energy sector pays more than $12 billion annually to governments. The Government of Newfoundland and Labrador expects $1.55 billion in oil and gas royalties this year. In its 2024 Budget, the Government of Newfoundland and Labrador forecasted royalties collected from
"Most greenhouse gas emissions come from energy being produced or consumed." 1. Source: U.S. Energy Information Administration, Energy and the environment explained, Where greenhouse gases come from, August 22, 2023: https://www.eia.gov/energyexplained/energy-and-the-environment/where-greenhouse-gases-come-from.php "The oil and gas, transportation, and electricity sectors alone contributed 58% of Canada’s GHG emissions in 2021." 2. Source: Canada Energy Regulator, Energy
Facts about Atlantic Canada’s Energy Sector: The Atlantic provinces have more affordable industrial energy rates, on average, than the six New England States (except Vermont). To better understand energy costs in the four Atlantic provinces relative to Quebec and the six New England states, the Atlantica Centre for Energy calculated
What is natural gas and how is it processed? Natural gas is an energy source found underground in sedimentary basins and is colourless and odourless. It primarily consists of methane, with smaller amounts of ethane, propane, butane, pentanes, and other hydrocarbons. There are three extraction methods of natural gas in Canada, including conventional drilling,
On February 16, 2024, the federal government released an update with new design options being considered for the Clean Electricity Regulations. The draft Regulations were released on August 10, 2023, and would limit how utilities can use unabated fossil fuels to generate electricity beginning in 2035. Several provinces, utilities, and energy sector stakeholders, among
On February 23, 2024, Nova Scotia’s Clean Electricity Solutions Task Force released a report: Modernizing Energy from Transmission to Transformation. The Task Force spent the last roughly 10 months consulting with stakeholders and exploring ways to modernize the province’s electricity infrastructure and regulatory environment. Launched in April 2023, the Task Force includes Alison Scott,
Andrew Halliday, Director of Policy and Planning, of the PEI Energy Corporation, the provincial crown utility, presented at the Energy Fundamentals for Leaders, a program offered to professionals through UNB’s Saint John College and facilitated by the Atlantica Centre for Energy. Andrew was asked to discuss the PEI Energy Blueprint Discussion Paper, and the
Nova Scotia Power is busy preparing for a transition away from coal-fired electricity generation and to meet provincial mandates to provide 80 per cent renewable electricity sales by 2030, as well meet the federal government’s incoming Clean Electricity Regulations, which will require the utility to meet net-zero by 2035. Read below for a synopsis
On December 12, 2023, the Canada Electricity Advisory Council launched a consultation seeking feedback from the public to help develop the Council’s final recommendations to the federal government. The Council was launched in May 2023 with a year-long mandate to provide independent advice to the Minister of Energy and Natural Resources on how to