Last January, the Atlantica Centre for Energy suggested that 2024 could be a pivotal year for the energy sector if some of the ‘politics’ can be removed to give Atlantic Canadian businesses more confidence to make investments. By the end of 2024, the federal government finalized the Investment Tax Credits for many types of
On July 30, the Governments of Canada and Nova Scotia released The Nova Scotia Regional Energy and Resource Table Framework for Collaboration on the Path to Net Zero (Collaboration Framework). This Collaboration Frame is a result of the Canada-Nova Scotia Regional Energy and Resource Table, which launched in October 2022. Nova Scotia’s Regional Energy
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
Atlantica recently interviewed Derek Estabrook, Vice President of Business Development for Eastward Energy, to learn more about the business’ operations and future in Nova Scotia. Q. Please tell us about Eastward Energy. What do you do in the energy sector? A. Eastward Energy is Nova Scotia’s natural gas distribution utility.
Commentary by Dr. John Crompton, MD, FRCP, Past President Conservation Council of New Brunswick. This commentary first appeared in The Hill Times on August 24, 2023. It is shared with the author's permission. It has been a hot summer around the world, but this may be the coldest year of the rest of our
The Atlantica Centre for Energy was a breakfast sponsor for the Smart Energy event held in Halifax, April 17-18, 2023. Atlantic invited Michael Galvin, the Director of Hydrogen and Sustainable Fuels with the Simply Blue Group, to present “Lessons Learned from Europe and Fundamental Principles for a Smooth Transition to a Clean Energy Future
What is solar energy? Solar energy is any energy captured from the sun’s rays. Sounds simple, right? It is a renewable source of energy because it is available to use during the day when there are no clouds. However, it is slightly more complicated than that and involves nuclear fusion. The sun releases energy