Canada’s Budget 2024 was released on April 16, 2024. This Budget includes several new tax changes and incentives which will impact Canada’s energy sector and energy affordability for customers. The Atlantica Centre for Energy reviews the Budget to find out which programs and policies included will impact Atlantic Canada’s energy sector, and how these
A perspective from the Smart Energy Event from April 15-16, 2024, in Halifax, Nova Scotia. Commentary by Michelle Robichaud, President, Atlantica Centre for Energy. Atlantic Canada’s premier energy conference was held in Halifax earlier this month, and the Smart Energy conference delivered a jam-packed agenda and attracted the country’s top energy minds to debate
What are grid-scale batteries? Grid-scale batteries, also known as utility-scale batteries or Battery Energy Storage Systems (BESS), are a collection of individual smaller batteries housed within a single controlled, large-scale energy storage system. They are designed to store electricity that can be accessed for use during periods of high demand or low generation and
$40 Billion in energy projects expected to begin construction before 2030 Commentary by Michelle Robichaud, President The Atlantica Centre for Energy’s Chair, Stephen MacMackin, recently wrote 2024 can be a pivotal time in Atlantic Canada’s energy transition if “some of the ‘politics’ can be removed to allow businesses to invest
Between February 29th and March 22nd, 2024, provincial governments across Atlantic Canada released their budgets for 2024-25. Below is a summary of select energy sector highlights from each of the budgets. New legislation proposed in Nova Scotia and New Brunswick relating to the sector are also outlined. Nova Scotia Budget 2024: Select highlights related
Atlantica recently interviewed Sean Fleming, Senior Project Manager Renewables, to learn more about ABO Wind’s regional and global stake in the energy sector. Q: Please tell us about ABO Wind. What is your role in the energy sector? Sean Fleming: I’m proud to be among more than 1200 employees who
Natural Gas 101 explores what natural gas is, how it is used in Atlantic Canada, and what its future role may be in the region. But how does natural gas get to consumers in the region? Some natural gas is delivered to customers by truck. This is this case for some customers in the
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