TransCanada Corp. continues to clean its business. The company has acquired three more solar energy generating plants from Canadian Solar Solutions Inc. All three are located in Ontario and are feeding the provincial electricity grid under 20-year Feed-in-Tariff contracts.
The Canadian Geothermal Energy Association (CanGEA) argues in a recent report that there is tremendous, untapped opportunity to use geothermal energy resources for heating applications in industries such as aquaculture (fish farms) and greenhouses. But political and market barriers make developing this inexpensive resource very difficult.
A number of alternative energy technologies are, or will soon be, cost competitive with traditional forms of energy generation, according to figures released by Lazard Ltd.’s Global Power, Energy and Infrastructure Group last month.
More than 8,200 tonnes of CO2 carbon offset credits were generated by the Cadotte Peace River Power Generating Facility in 2013. Owned and operated by Genalta Power, the 3 MW facility generates electricity by using flared gas in a waste heat recovery operation.