The deployment of grid-connected energy storage is unlikely to be substantial in Alberta unless the province makes changes to the way it’s treated. Specifically, the province’s demand transmission service (DTS) rate needs to be replaced by an opportunity service rate, argues Jan Van Egteren, president of Rocky Mountain Power and an energy storage advocate.
A new report from the Fraser Institute acknowledges that carbon pricing - a simple tax or cap and trade - can be the most efficient way to reduce greenhouse gas emissions but only if done properly. It says layering carbon pricing on top of existing emissions reduction regulations impedes the economic efficiency of such market-based instruments.
Analytica Advisors starts its 2017 Canadian Clean Technology Industry report by noting on the surface, “Canada appears to be undergoing something of a clean-growth Renaissance.” The operative word there being appears because in reality, there is significant trouble ahead for the domestic cleantech sector.
If Canada has any hope of coming close to its climate objectives and greenhouse gas emissions reductions targets, a concerted effort across a number of sectors is required. The built environment, residential and commercial, is one area that can generate big emissions reductions and economic gain at the same time.
New data from Lux Research says that Canadian companies developing and selling technology to cut carbon emissions have a big opportunity in front of them. The research firm says the market is estimated to be worth $120 billion.