News   Apr 03, 2020
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Calgary & Alberta Economy

Besides Cedar LNG, no large energy projects have proceeded since the new impact assessment act came into place. I suspect the CER will be victim number 2 after CBC once deconstructing Trudeaupia is in full force

A site in NW AB only makes sense for gas generation due to proximity to the Montney. Data centers pull so much energy they would require massive transmission upgrades that would difficult to sell to other consumers. I suspect this project will include massive behind the fence generation and will not be licensed to pull substantial grid load.

Wind is poorly suited for data centers as they run at near constant capacity. A developer may sign a wind PPA as a PR move, but it wouldn't be to supply the actual data center.

Greenfield nuclear could not come online fast enough to meet the timelines of a data center project.

Given BC Hydro's impending supply crisis, I doubt it will be seeking any additional export capacity. https://www.google.com/amp/s/globalnews.ca/news/10217271/bc-energy-supply-warning/amp/
 
Is this business park already known as Wonder Valley of is Mr. Wonderful self indulging?
The later. Closest named thing is Gold Creek, or Big Mountain.
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It is in the forest south of Grand Prairie. Beautiful country.

It is an interesting pitch, if can find a company that doesn't care about GHG for compute, unlike many of the investments made so far. It is audacious in scale.
 
The later. Closest named thing is Gold Creek, or Big Mountain.
View attachment 618628
It is in the forest south of Grand Prairie. Beautiful country.

It is an interesting pitch, if can find a company that doesn't care about GHG for compute, unlike many of the investments made so far. It is audacious in scale.
Does a company care about ghg? Perhaps, but find me a company that says, "I don't care about AI and if we need to produce some ghg, we will figure that out later....AI can wait.
 
Given Energy East was basically dreamt up in the Premier's Office, it isn't the worst. Just more of the same really.
 
We're going to build a glorious pipeline from the northern border and the Canadians are going to pay for it. Sleepy Joe and Laffin Kamala aren't around to stop the Patriot Energy Line XXL that will deliver 1.8M barrels per day to ensure that gas prices sag lower than Hillary's third chin. It will be as long and girthy as Arnold Palmer.
 
The competition between this and the Gold Creek site will be interesting. This project having carbon capture and storage, and the other presumably not. This project having to pay for NGTL gas presumably and the other project not.

It will be fascinating if either get off the ground.
 

"Calgary and Edmonton added roughly 20,000 and 11,000 jobs respectively, on a three-month average basis.

According to the report, most job gains were in construction and manufacturing.

The numbers represent Alberta's strongest increase in employment since 2021 and the province was the driver of the majority of job gains nationwide at 40 per cent."


Calgary accounting for 22% of the country's job gains is quite something. We're nearly double our provincial rival and most of the gains are not in oil and gas.
 

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