On March 3, 2026, the governments of Canada and Newfoundland and Labrador announced signing of agreements to continue advancing the proposed Bay du Nord offshore oil development project. The agreements signed with partners (Equinor and BP) include life-of-field benefits, royalties and an equity option. What is the Bay du Nord
Atlantic Canada's electricity sector is in a period of significant change. Provinces are procuring new wind and solar generation, energy storage is entering the grid, and offshore wind is attracting national and international attention. At the same time, the sector faces real challenges: rising cost pressures, a need for greater policy predictability, and the
The Canada Regulator released its bi-annual energy forecasts on March 17, 2026. Canada’s Energy Future 2026: Energy Supply and Demand Projections to 2050 (EF2026) aims to help foster informed conversations about Canada’s energy challenges and trends into the long-term future. In the past, previous versions of the report have been used by the federal
Energy affordability is a growing concern for many residents and businesses across Atlantic Canada (source). At the same time, multi-billion dollar investments must be made in the region over the next decade to replace aging assets and meet growing demand, especially for electricity. How should these investments be funded? And, importantly, who should pay?
Across the Maritimes, several communities are served by municipally owned electric utilities rather than larger provincial utilities. While these local utilities vary in size, history, and capacity, they share a strong connection to the communities they serve and a common need to adapt as the energy sector evolves. To better understand how these utilities
There is a lot of excitement around the potential for offshore wind energy in Nova Scotia and elsewhere across the Atlantic, and rightfully so. On February 4, 2026, Premier Tim Houston and Massachusetts Governor, Maura Healey, signed an agreement to work toward Nova Scotia supplying Massachusetts with clean energy from offshore wind. The conversation
At the start of 2025, Atlantica’s team made a few bold predictions about where Atlantic Canada’s energy story was headed. Now that the year has wrapped, we can look back to see how we did. This is your 2025 wrapped, only less Spotify and more Energy. Indigenous partnerships and collaboration: Our prediction: We said partnerships
Insights on energy supply, pricing, and opportunities across Atlantic Canada. Overview: Atlantic Canada faces some of the highest natural gas prices in the world during winter months, a situation driven reliance on imports through a constrained system(in the United States). That was the central message from industry leaders at the 2025 Natural Gas Forum,
On Tuesday, November 4, 2025, the federal government released its long-awaited Budget 2025: Canada Strong. Budget 2025 introduced a Climate Competitiveness Strategy, which anchors several measures aimed at accelerating investment in energy projects and reducing regulatory barriers to growth, while transitioning to an increasingly low-carbon economy. Economic Forecasts and Projected Spending:
The four Atlantic provinces are different from most of their Canadian counterparts when it comes to buying petroleum fuels (gasoline, diesel, heating oil and propane). Unlike elsewhere in Canada, the Atlantic provinces regulate the prices of most or all these fuels. (Quebec stopped regulating gasoline and diesel prices in 2025). What are petroleum fuel
On Wednesday, October 29th, the Government of Prince Edward Island released its new energy strategy, which calls for strengthened consumer protections, upgrades to infrastructure, and regional collaboration. The strategy outlines a long-term vision for the Government of Prince Edward Island’s energy priorities through 2035. The province is building on its previous energy strategy by
The Government of Nova Scotia’s Department of Energy was especially busy in September and October. The Department and Government made several important announcements and launched new campaigns aimed at developing several types of energy including offshore wind, natural gas and small modular reactors (SMRs). Importantly, the Premier of Nova Scotia announced himself as the