This report makes several key recommendations, including:
- Recognize natural gas as an essential component of a lower carbon energy mix.
- Advance the idea that natural gas produced under a carbon price is a superior and more
marketable product. - Promote the understanding of the engineering and economics around an eventual transition from
natural gas infrastructure to hydrogen. - Build infrastructure to transport Canadian gas across Canada and to global markets.
- Align and develop more efficient regulatory processes to increase Canadian competitiveness.
- Work with First Nations across the country to expand their participation in natural gas projects.
- Pursue a comprehensive initiative to support the conversion from coal- to gas-fired power plants
abroad. - Operationalize Article 6 of the Paris Climate Agreement in a manner that will see it become a key
driver of the Canadian natural gas sector’s growth.
Regardless of whether Canada “leaves its resources in the ground,” other countries will not produce or
consume less energy. Doing so could in fact worsen global emissions by making way for dirtier energy
sources and its suppliers.
Canada business group urges LNG infrastructure investment (gasworld.com)
By Christian Annesleyon Apr 04, 2023
Canada’s federal government needs to get serious about building the infrastructure necessary to fast-track the extraction and export of liquid natural gas.
That’s according to a report just released by the Canadian Chamber of Commerce entitled Canada and Global Energy Security: The Role of Natural Gas in a Lower Carbon Future.
The report argues that the carbon-credits clause of the 2015 Paris climate accord could be a “key driver of growth” for the LNG sector if Canadian natural gas were to become a viable alternative for coal-fired power plants around the world.
“This initiative could not only support natural gas exports but an array of services, technology, and materials exports,” writes Eric Miller, president of the Rideau Potomac Strategy Group and the report’s author.
“Canada should use the global carbon market framework to build a stronger Canadian natural gas sector and a cleaner world.”
In addition to several measures to develop and promote Canadian gas as a global low-carbon alternative, the report encourages Canada to retool its often convoluted regulatory processes and give indigenous peoples a greater stake in natural gas projects.
Canadian natural gas already has certain advantages beyond the fact that it is plentiful and cleaner than coal, Miller suggests: it’s also produced under Canada’s carbon-price regime, an advantage that could create a market premium in coming years as demand for cleaner fuel sources with a smaller carbon footprint continues to rise.
And it could well help power the switch from coal to gas around the world, Miller writes: converting just 20 per cent of Asia’s coal-fired power to gas would save the equivalent of an entire year’s worth of Canadian greenhouse gas emissions.
« Indigenous Leaders and Energy Executives Discuss Canadian LNG – April 5, 2023
Indigenous leaders and representatives from Energy for a Secure Future, a gas-industry backed coalition, hold a news conference on Parliament Hill to discuss liquified natural gas (LNG). The group is calling on the G7 to make LNG trade with Canada a priority.»
G7 Plans To Back New Natural Gas Investments
By Charles Kennedy - Apr 06, 2023, 2:30 PM CDT
With global energy markets upended, the G7 group of the world’s most industrialized nations is considering endorsing new upstream investment in natural gas despite climate concerns, a draft document seen by Reuters showed on Thursday.
“In this context, in this particular contingency, we recognize the need for necessary upstream investments in LNG (liquefied natural gas) and natural gas in line with our climate objectives and commitments,” reads the draft statement seen by Reuters.
The time is right for Canada to make the most of its natural gas riches as a viable alternative to coal, says a recent Canadian Chamber of Commerce report, which urges the federal government to finally get serious about building the infrastructure needed to fast-track the extraction and export of LNG. The carbon credits clause of the 2015 Paris climate accord could drive such growth, with Canadian natural gas poised to become a viable alternative to coal-fired power plants around the world, the report says.
“This initiative could not only support natural gas exports but an array of services, technology, and materials exports,” wrote Eric Miller, president of the D.C.-based Rideau Potomac Strategy Group, the report’s author.
“Canada should use the global carbon market framework to build a stronger Canadian natural gas sector and a cleaner world.”
Canadian natural gas has distinct advantages. It’s plentiful, cleaner than coal, and it’s produced under Canada’s carbon-price regime which could create a market premium as demand for cleaner fuel sources continues to rise. It could support the switch from coal to gas around the world, but there are many challenges. Canada lacks the necessary infrastructure such as pipelines and export terminals, especially on the east coast. Since 2008, 18 new LNG terminals have been proposed — three in Nova Scotia, 13 in B.C. And two in Quebec. — but only one, in Kitimat, B.C. Is anywhere near completion. The report says that’s due to government’s “lack of decisiveness” on energy policy.
“Had Canada supported the construction of even a fraction of these terminals, it would have been at the centre of support for growing Asian and European markets that are in desperate need of LNG and would be actively contributing to the displacement of coal,” Miller said.
Highlights
• Red Leaf commissions pre-FEED engineering study for 40,000 bbl/d wax processing facility
• Government of Quebec seeks proposals for pilot projects
• Average daily production of 1,790 boe/d and adjusted funds flow from operations of $4.3 million
«This was followed by the announcement of a consultation process ahead of new legislation this fall on a new clean energy strategy for the province.”
Skal se at QEC får tillatelse for utvinning alikevel. Da blir det kvantesprang nordover i kursen.
Syns det begynner å skinne også av QEC’s 42%-eide Red Leaf - se https://redleafinc.com/projects/oil-shale-utah/:
By making use of our proprietary HCCO® process on our acreage, Red Leaf plans to realize up to 75,000 barrels per day of blue (or net-zero emissions) oil and rare earth elements from this Utah-sited project.
Employing the company’s oil shale resource in Utah – and utilizing a phased development approach – the first commercial phase of the project is aiming for production of 12,500 barrels per day of oil, with further phases capable of increasing this figure to as much as 75,000 barrels of oil per day.
Red Leaf estimates a resource of 3,500 tons of REEs, including 2,000 tons of heavy rare earths in-place in a single mining interval on our Seep Ridge block, with other intervals yet to be characterized. Over 60 square miles are currently available for mining at outcrop and the company is assessing new technologies that will enable low-cost REE extraction and separation.
Med dagens signaler om mulig pilot, begynner denne å bli interessant igjen:
Gasskrise i Europa kan sende Questerre Energy Corporation til himmels - Investornytt
Ny energipolitikk under oppseiling?
Fra kv.rapporten i går:
"We are following the legal process for our claim against the Quebec Government
including the preparation of our damage assessment. As our Clean Gas remains a
viable option to resolve the impending electricity energy shortage in the
province, we are still seeking a business and political solution. During the
quarter, the Quebec Ministry of Energy sent us a request for a proposal for
pilot projects that would 'foster carbon neutrality and help attain targets in
the fight against climate change.’ This was followed by the announcement of a
consultation process ahead of new legislation this fall on a new clean energy
strategy for the province."
Quebec government unprepared for end of electricity surplus, says MEI (newswire.ca)
“Everything Quebec is proposing to deal with the end of the energy surplus is either too little, too late, or a bit of both,” says Giguère. “If nothing changes, rather than Hydro-Québec being a tool for economic development, as the government has historically seen it, the Crown corporation will become a limiting factor instead.”
The author points out that natural gas has the potential to play a key role in preventing the end of electricity surpluses from turning into shortages of energy. He cites the example of the Bécancour natural gas-fired power plant, which can meet peak demand by adding 550 megawatts to the grid.
He also highlights the contribution that natural gas can make to the supply of energy for industry, or for heating—two areas that are major consumers of power from our electrical grid.
“Given the certainty with which we know that Quebec is heading towards a shortage of electricity, it would be irresponsible to shut the door on any other type of energy,” explains Giguère. " Natural gas represents an effective back-up solution that is available in Quebec, and that allows us to fulfil the needs that Hydro-Québec cannot."
Questerre files Information Circular and Notice for Annual General and Special Meeting of Shareholders on June 20, 2023
Ryktes at høring vedr. erstatningen starter i slutten av juni. Da vil jeg tro QEC må offentliggjøre sitt krav såfremt det ikke kommer annet nytt vedr. piloten.