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
Electrical Grid 101
The electricity grid is something residents and businesses rely on every day to turn on lights and computers, to cook, or maybe even drive to work. It is an often-underappreciated asset in our energy sector, despite being right in front of our eyes. How does the electrical grid work? Electricity is generated by a
Electricity 101
What is electricity? To understand the electricity we use every day, you must first understand a few common concepts to help explain it. Electricity is the flow of electrons through a conductor (wire), like water through a garden hose. This flow is called an electric current. Current is measured in
Federal government launches consultations for Clean Electricity Regulations and Clean Electricity Strategy
On August 8, 2023, Minister Wilkinson announced a new paper: Powering Canada Forward, which outlines the federal government’s vision for transforming Canada’s electricity sector, with goals to decarbonize our grids by 2035 while keeping electricity systems reliable and costs affordable. This vision will be articulated in the Clean Electricity Strategy, which will be launched
PEI gathering public feedback for new energy strategy
The Government of Prince Edward Island released its Energy Blueprint Discussion Paper on April 26 to gather feedback from Islanders for the province’s new energy strategy. The consultation includes an online survey and community meetings, in addition to the Discussion Paper. The PEI Energy Corporation (and the Department of Environment, Energy and Climate Action)
Offshore Wind Energy 101
Offshore wind turbines convert wind energy to electricity similar to how onshore wind turbines operate, which are common across Atlantic Canada. What is the opportunity for offshore wind turbines in Atlantic Canada? What is offshore wind energy? Like onshore, offshore wind turbine blades spin from the force of wind (turning
Polar vortex challenges Atlantic Canadians to beat the peak
In early February, a polar vortex hit the east coast resulting in record low temperatures in many communities across Atlantic Canada. The cold weather created a challenge for utilities to maintain reliability with the increase in electricity demand, known as Peak Demand. Residents rose to the challenge to help out.
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
Atlantic Canada’s Electricity Future – Part 3: Electricity Cost Infographic
Forecasts from the Canada Energy Regulator’s Canada’s Energy Future 2021 report show electricity prices across Atlantic Canada will increase over the next 28 years. A new discussion paper from the Atlantica Centre for Energy looks at how federal and provincial regulations aimed at reducing emissions and reaching net zero by 2050 will change the
Atlantic Canada’s Electricity Future – Part 3: Electricity Cost
The purpose of the third discussion paper in Atlantic Canada’s Electricity Future – Discussion Series is to help Atlantic Canadians better understand how government regulatory changes and policies aimed at achieving net-zero emission by 2050, as well as evolving consumer behaviours, will likely result in increased electricity prices across the Atlantic provinces relative to
Atlantic Canada’s Electricity Future – Part 1: Electricity Supply
A high-level glance at the Maritime provinces' electricity supply, as forecasted by Canada Energy Regulator. Further insight is available by reading the Atlantica Centre for Energy discussion paper on Electricity Supply Open Publication