Deloitte: 2024 power and utilities industry outlook
The industry will likely seek to harness new policies, technologies, and market innovations as they navigate an evolving landscape of opportunities, complexity, and challenges. Open Publication
Carbon neutral products to help fight climate change
On March 23, 2023, Irving Consumer Products Limited, an affiliate of J.D. Irving Limited, announced Royale tissue products have been certified carbon neutral by the Carbon Trust. The Carbon Trust is a non-profit organization with a mission to accelerate the move to a decarbonized future by partnering with leading businesses, governments and financial institutions
Fluor’s carbon capture technology selected for renewable diesel facility in Canada
Fluor has provided engineering, procurement and construction services for more than 110 years. The company is a leader in the energy sector across North America and the world. Fluor has a presence in New Brunswick and experience working on projects in Atlantic Canada. Fluor’s expertise in the energy sector runs deep including a wealth
New Brunswick to join federal carbon pricing backstop plan
On February 16, 2023, the Government of New Brunswick announced it would be opting into the federal government’s carbon pricing backstop plan. New Brunswick’s own plan was previously accepted by the federal government. Now, the four Atlantic provinces will be aligned with the same plans effective July 1, 2023. What
RNG 101
Renewable natural gas (RNG) can be captured to avoid greenhouse gas (GHG) emissions when organic matter decomposes, such as garbage at landfills. It can be used to generate electricity or heat homes and businesses in the same way that natural gas is used now. What is renewable natural gas (RNG)?
Deloitte: Hydrogen – Making it happen
Clean hydrogen will play a key role in the future energy system—particularly in decarbonizing hard-to-abate sectors. By 2030, clean hydrogen is expected to be used in sectors such as aviation, refining, and road freight, and expand into others such as shipping thereafter. Through interviews with over 350 CEOs, executives, and leaders across the private
Deloitte: 2023 power and utilities industry outlook
In 2023, supply chain snags, rising costs, and extreme weather are likely to continue plaguing the power and utilities sector. But promising trends in innovation and investment, buoyed by recent legislation, can help the sector fulfill its mission to provide increasingly secure, reliable, clean, and affordable electricity. Deloitte’s 2023 outlook examines the latest power
How fossil fuels are powering environmental alternatives
A comprehensive article in the December edition of Atlantic Business Magazine points out the oil and gas sector gets a bad rap, yet it’s helping to power the shift to renewable energy. In the article, “Fossil fuels get a bad rap – people forget they're powering environmental alternatives,” greening Atlantic Canada’s offshore oil and