DOCSLIB.ORG

Alberta's Future Energy Mix: Exploring the Potential for Renewables

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Alberta's Future Energy Mix: Exploring the Potential for Renewables Alberta’s future energy mix: exploring the potential for renewables Issue: 3 February 2014 kpmg.ca © 2014 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG invests in the industry through thought leadership papers and journals, share forums and whitepapers on trends, opportunities and challenges affecting the Canadian Power & Utilities sector. Issue one, A New Era for Clean Energy in Canada, provided an update on project finance market trends and commented on the prospects of new power generation developments in British Columbia and the rest of Canada. Issue two, Wind Energy in Canada: Realizing the Opportunity, examined wind financing activities given the significant activity in the sector in the last 18 months and highlighted the next wave of wind opportunities in the province of Québec. In this issue we focus on Alberta’s future energy mix, by discussing the opportunities that will arise for new electricity generation in Alberta, the energy sources that will feature most prominently and assess the potential for renewable energy projects. We also analyze the complexities of the Alberta market, the impact that power policy revisions may have on investment in renewable energy and the issues related to project financing in the province. © 2014 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Clean Energy Report | 01 Summary findings Alberta is one of the few jurisdictions in Canada with significant new generation requirements. However, with limited opportunities for long-term contracts to support developments, new projects need to rely on merchant prices to provide sufficient returns and debt coverage. There is a growing consensus in industry that increased demand and pending changes to existing policies are converging to support significant generation investments in Alberta, including new renewables. Combination of significant load partly being driven by oil sands growth and retirements creating developments in the northern parts of new generation requirements the province and from the addition of new generation planned to come into Alberta’s oil sands industry continues service in transmission constrained to drive new electricity demand. The areas, both of which require an Alberta Electric System Operator upgraded system to connect to the (AESO) estimates that peak demand grid. will hit 18,194 MW by 2032, a significant increase on the 10,599 MW Gas to plug capacity gap in the peak demand in 2012. This represents a next five years compound annual growth rate (CAGR) of almost 3% without considering New combined cycle natural gas-fired coal-fired plant retirements in excess power plants, and to a lesser extent of 4,500 MW.1 This is significantly some simple cycle peaking facilities, more than the forecast US load CAGR are expected to be the preferred mode of 0.8% during the same period.2 The of generation built to meet Alberta’s AESO estimates that 6,190 MW of new supply gap in the next five years. effective electricity capacity will need Gas plants currently remain attractive to be built in Alberta by 2022 to meet due to the current and expected demand and that 12,965 MW will need future low price of natural gas and to be installed by 2032.3 the comparatively fewer restrictions on site selection compared to other Generation and load growth jurisdictions. The AESO estimates that driving transmission development gas-fired installed capacity will reach over 11,000 MW in 2022, representing needs 53% of Alberta’s energy mix. In 2012 It has been estimated that 5,359 MW (representing about 40% approximately $13-$15 billion will be of the overall energy mix) of gas-fired invested in transmission assets in generating capacity was operational.4 Alberta in the next five to 10 years. The AESO predicts that new wind This investment requirement is capacity will make up the balance. 1, 3, 4 Alberta Electric System Operator, AESO 2012 Long-term Outlook Update (Calgary, AB: AESO, 2013) 2 US Energy Information Administration, Annual Energy Outlook 2013 © 2014 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 02 | Clean Energy Report Economics for new wind projects framework that will encourage are challenging investment in renewable energy projects. New provincial policies are Despite the recent rise in natural gas expected to be announced in 2014. prices, depressed pricing challenges the economic case for wind energy. Natural gas prices are expected to Solar an option in Alberta average $3.48/GJ in 2014 and $3.50/ The solar industry feels that it is often GJ in 2015, an increase on the 2012 given short shrift when considering average price ($2.28/GJ) but in line Alberta’s future energy mix. However, with the average price in 2011 ($3.48/ the province’s solar resource is 25% GJ), according to Gas Alberta.5 Despite better than Ontario’s and 30% better a challenging pricing environment, than Germany’s, according to the //Given Alberta’s some major wind farms in Alberta have Canadian Solar Industries Association made considerable progress in the (CanSIA).6 Despite this, virtually no economic growth past 18 months by realizing value from solar capacity is currently operating a California Renewable Energy Credit in Alberta. If the province adopts profile, we’re very (REC) measure. This measure, which is an attractive alternative energy no longer available, enabled some level framework, solar would certainly excited about of debt financing to be added to the complement wind as it could generate projects’ capital structure. electricity during the intervals when new generation wind farms are not operating. This is New policies could mobilize especially true given that the average opportunities in the renewables investment peak price is close to grid parity. The bulk of a solar photovoltaic (PV) Both the Alberta and Federal generator’s margin will be made when province.// government are considering a series the power price moves above $80 per of policy initiatives relating to carbon MWh. Craig Walter emissions. The Federal government Partner and GTA Energy Leader released its Reduction of Carbon Debt financing KPMG LLP Dioxide Emissions from Coal-fired Generation of Electricity Regulations The lack of offtake agreements in 2012, which is expected to be provides a challenge to debt financing effective in 2015. Provincially, while of projects. While some debt providers the Alberta government has not yet have financed power projects in announced any formal policies, it Alberta without any offtake agreement, is expected to bolster the current these have typically been smaller hydro Specified Gas Emitters Regulation plants. Providing debt financing to a in a way that will incentivize oil and wind farm or a Combined Cycle Gas gas companies to offset their carbon Turbine (CCGT) plant will continue to emissions through renewable energy be challenging unless some market investments. In addition, the Alberta mechanism can be introduced to government has committed to manage downside risk, or some level implementing an alternative energy of contracting can be arranged. 5 Gas Alberta: www.gasalberta.com 6 Solar resource is expressed in terms of solar irradiance per equivalent area in different jurisdictions © 2014 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Clean Energy Report | 03 Assessing the load growth challenge There is a signifi cant need for new annually between 2012 and 2021, electricity generation capacity in before falling to 1.5% annual growth Alberta. By 2032, the AESO expects between 2021 and 2041.9 peak demand to hit 18,194 MW, a However, load growth is only part of the //With planned signifi cant increase on the 10,599 MW story. New electricity generation is also peak demand in 2012.7 required to meet the planned closure generation retirement This anticipated growth is a direct of a series of coal-fi red power plants. result of Alberta’s growing oil sands Federal government policy requires all and strong demand industry. Crude oil prices in the range coal-fi red generation to be retired at 45 of $100/barrel, combined with low years of operation or the expiration of growth, Alberta is interest rates, has led to predictions a plant’s power purchase agreement that up to $218 billion could be (PPA). Proposed regulations due to be poised to benefi t invested in Alberta’s oil sands sector enacted in 2015 also require coal-fi red in the next 25 years. Alberta’s Energy generation capacity to curb carbon from renewable Resources Conservation Board emissions to natural gas levels. This will estimates that this investment could make new coal plants relatively more lead to production almost doubling expensive from 2015. energy investments to 3.8 million barrels per day in 2022, These two factors will result in a series up from 1.9 million barrels per day in in the short and of coal plant retirements during the next 2012.8 two decades to the extent that only medium term.// The oil sands industry is also indirectly 5,906 MW of coal capacity is likely to increasing electricity demand by be operating by 2022 and 2,856 MW attracting an infl ux of workers and by 2032, a considerable reduction from Georges Arbache their associated new non-commercial the 6,242 MW that was operational Vice President demand.
Load more

Recommended publications
  • Adopting and Promoting a 100% Renewable Energy Target Vancouver, Canada
    ADOPTING AND PROMOTING A 100% RENEWABLE ENERGY TARGET VANCOUVER, CANADA Reducing heat consumption in buildings is seen as a pivotal first step Vancouver is Canada’s third largest city, with an estimated 631 486 inhabitants within its municipal boundaries (City of Vancouver, 2017a) and more Vancouver has than 2.5 million in the greater metropolitan area (BC Stats, 2016). As a major economic and cultural committed to hub, the City of Vancouver sees approximately 400 000 additional people travel through it each using exclusively day (City of Vancouver, 2015a). renewable The City of Vancouver has adopted strategies and plans to reduce greenhouse gas emissions energy by 2050 and promote renewable energy deployment. Two key documents are the Greenest City 2020 Action Plan adopted in 2011, and the Renewable City Strategy for 2050, launched in 2015 and updated in September 2017 (City of Vancouver, 2017c). In its Greenest City 2020 Action Plan, Vancouver adopted a city-wide GHG emissions reduction target of 33% by 2020 (against 2007 levels). The challenge of promoting 100% renewables, particularly in buildings and transport In 2014, Vancouver sourced 31% of its energy from renewable sources and 69% from fossil fuels. The renewable portion consisted of 25% large hydro, 2% run-of-river hydro, 3% biomass, and less than 1% solar and wind power. On the fossil fuel side, natural gas contributed 45% (primarily for heating buildings) and transportation fuels (gasoline and diesel, but also bio-fuels) accounted for the remaining 24%. In 2015, total energy use was 59.3 million gigajoules (GJ), a 4% reduction from the 62 million GJ in 2007 (City of Vancouver, 2015a).
    [Show full text]
  • TORONTO GREEN INDUSTRIES DIRECTORY Including Companies Located in the Greater Toronto Region First Edition October 2019
    TORONTO GREEN INDUSTRIES DIRECTORY Including companies located in the Greater Toronto Region First Edition October 2019 Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Energ GREEN INDUSTRIES DIRECTORY 2 Table of Contents Introduction ……………………………………………………………………………………………………………………………………… 4 Methodology ……………………………………………………………………………………………………………………………………. 4 Defining the Green Sector …………………………………………………………………………………………………………..………… 5 Definition of the Subsectors ……………………………………………………………………………………………………………..…… 5 Definition of the Supply Chains …………………………………………………………………………………………………………….. 6 Directory of Green Organizations …………………………………………………………………………………………………….…… 9 Directory of Green Associations and NGOs – Canada Wide …………………………………………………………………. 22 Directory of Education, Government and Research Organizations in Toronto Region …………………………..24 Prepared by Sector Development Office, Economic Development and Culture, City of Toronto An electronic version and a sortable spreadsheet of
    [Show full text]
  • Fostering Renewable Electricity Markets in North America
    Fostering Renewable Electricity Markets in North America Commission for Environmental Cooperation April 2007 This publication was prepared for the CEC Secretariat as a background paper. The information contained herein does not necessarily reflect the views of the CEC or the governments of Canada, Mexico or the United States of America. Acknowledgements This paper was written by Meredith Wingate, Jan Hamrin and Lars Kvale of the Center for Resource Solutions, and Claudio Alatorre of the Institute of Engineering of the Autonomous National University of Mexico. The authors would like to thank the members of the Commission for Environmental Cooperation Renewable Energy Expert Committee (REEC) for their contributions to the initial outline and design of this paper and their subsequent comments on earlier drafts. In particular, we would like to acknowledge the contribution of Odón de Buen, Chantal Line Carpentier, Jeremy Brown, Louise Comeau, Pierre Deschamps, Gilles Favreau, Ed Holt, Jorge Huacuz, Florian Laberge, Michel Lesueur, Joanne McKenna, Brian Moghadam, Mary Pattenden, Michael Paunescu, Philip Raphals, Leslie-Ann Robertson, Helen Ryan and Blair Swezey for their expert comment. Reproduction of this document in whole or in part and in any form for educational or nonprofit purposes may be made without special permission from the CEC Secretariat, provided acknowledgment of the source is made. The CEC would appreciate receiving a copy of any publication or material that uses this document as a source. Commission for Environmental Cooperation 393, rue St-Jacques Ouest, Bureau 200 Montréal (Québec) Canada H2Y 1N9 [email protected] - www.cec.org © Commission for Environmental Cooperation, 2007 Un résumé est disponible en français–Un resumen ejecutivo está disponible en español Please cite as: Commission for Environmental Cooperation.
    [Show full text]
  • PDF ( 138.1 Kb )
    Joint News Release BASF Media Contact: Bullfrog Power Media Contact: Name: Lorena Lujan Rubio Name: Sean Andernacht Tel.: (647) 236-6376 Tel.: (416) 360-3464 x0248 Email: [email protected] Email: [email protected] BASF Canada and Bullfrog Power launch documentary on Circular Economy to educate Canadians on a more efficient resource management system ◼ “The Afterlife of Waste” features stakeholders like BASF Canada, Chemistry Industry Association of Canada, Club Coffee, Deloitte, Ecosafe, Loblaw Companies Limited, London Drugs, Sodexo, the Circular Economy Innovation Council, ZooShare Biogas, and TerraCycle MISSISSAUGA, ON, May 4, 2021 – BASF Canada and Bullfrog Power have partnered to produce “The Afterlife of Waste”, a documentary on the topic of the circular economy. The informational project aims to educate Canadians on a more efficient resource management system and position circular economy as a key component to capturing the value of plastic waste. “The Afterlife of Waste”, a collaborative project featuring different industry stakeholders, looks at the current challenges of plastic waste management in Canada, and positions the circular economy concept as one of the solutions to reduce its impact. “Transitioning from a linear ‘take – make – waste’ approach to a circular approach that uses waste as an input to produce new products is central in policy, industry and societal discussions in recent years,” said Amy Sandhu, Head of Sustainability and Government Relations at BASF Canada. “Innovations from the chemical
    [Show full text]
  • Competing in Clean Energy Capitalizing on Canadian Innovation in a $3 Trillion Economy
    Competing in Clean Energy Capitalizing on Canadian innovation in a $3 trillion economy Dan Woynillowicz, Penelope Comette, Ed Whittingham Foreward by David McLaughlin January 2013 Competing in Clean Energy Capitalizing on Canadian innovation in a $3 trillion economy Dan Woynillowicz and Penelope Comette Ed Whittingham Woynillowicz, Dan, Penelope Comette & Ed Whittingham Competing in Clean Energy: Capitalizing on Canadian innovation in a $3 trillion economy Editor: Roberta Franchuk Communications and Production Management: Kevin Sauvé Contributors: Devika Shah, Katie Laufenberg, P.J. Partington, Tim Weis, Matt Horne, Graham Haines, Matt McCulloch ©2013 The Pembina Institute and The Pembina Foundation Permission is hereby granted by The Pembina Institute and The Pembina Foundation to reproduce this document for non-profit and educational purposes. This report was prepared by the Pembina Institute for the Pembina Foundation for Environmental Research and Education. The Pembina Foundation is a national registered charitable organization that enters into agreements with environmental research and education experts, such as the Pembina Institute, to deliver on its work. The Pembina Institute Box 7558 Drayton Valley, Alberta Canada T7A 1S7 Phone: 780-542-6272 Email: [email protected] Additional copies of this publication may be downloaded from the Pembina Institute website, www.pembina.org, and from the Pembina Foundation website, www.pembinafoundation.org. The Pembina Institute ii Competing in Clean Energy About the Pembina Institute The Pembina Institute is a national non-profit think tank that advances clean energy solutions through research, education, consulting and advocacy. Having spent close to three decades working to reduce the environmental impacts of energy production and use in Canada, the Pembina Institute’s work includes: • Driving down energy demand by encouraging energy efficiency and transportation powered with cleaner energy sources.
    [Show full text]
  • Table of Contents
    Table of contents Sale of Green Electricity and Green Electricity Certificates ................................................ 2 Alberta ................................................................................................................................. 3 British Columbia .................................................................................................................. 3 Manitoba .............................................................................................................................. 3 Newfoundland ..................................................................................................................... 3 New Brunswick .................................................................................................................... 4 Northwest Territories ........................................................................................................... 4 Nova Scotia ......................................................................................................................... 4 Nunavut ............................................................................................................................... 4 Ontario ................................................................................................................................. 5 Prince Edward Island .......................................................................................................... 5 Saskatchewan ....................................................................................................................
    [Show full text]
  • Green Energy Production Scan Greater Toronto Area Jurisdictions
    Green Energy Production Scan Greater Toronto Area Jurisdictions September, 2009 Report Prepared For: Greater Toronto Area Clean Air Council Report Prepared By: Clean Air Partnership Table of Contents Preamble................................................................................................................. 3 Executive Summary................................................................................................. 5 Renewable Energy Production Scan in the GTA Municipalities ............................. 9 Town of Ajax ....................................................................................................... 9 Town of Aurora ................................................................................................. 10 City of Brampton............................................................................................... 10 City of Burlington .............................................................................................. 10 Town of Caledon ............................................................................................... 11 Town of Clarington............................................................................................ 12 Region of Durham............................................................................................. 12 Town of East Gwillimbury................................................................................. 13 Regional Municipality of Halton ....................................................................... 13 Town
    [Show full text]
  • The Potential of Tradable Renewable Energy Certificates (Trecs) in Canada1
    Policy Brief December 2011 FOR A LOW CARBON ECONOMY The Potential of Tradable Renewable Energy Certificates (TRECs) in Canada1 Sustainable Prosperity is a national research and policy network, based at Key messages the University of Ottawa. SP focuses on market-based approaches to build a stronger, greener, more competitive • Tradable Renewable Energy Certificates (TRECs) are a non-tangible, tradable commodity economy. It brings together business, that represent proof that one megawatt-hour (MWh) of electricity was generated from a policy and academic leaders to help inno- renewable energy resource. Two main markets exist for TRECs: voluntary markets, in which vative ideas inform policy development. consumers seek to demonstrate they are using “green” electricity, and compliance markets, in which energy suppliers need to provide a certain percentage of renewable power to meet the requirements of renewable portfolio standard (RPS) policies. • Voluntary markets currently exist in Canada, facilitated by existing tracking and certification systems that ensure TRECs are not double counted and provide additional renewable capacity. However, unlike Europe and the United States, Canada does not have compliance markets for TRECs. Compliance markets are facilitated by state-level RPS policies in the US, and various national RPS policies in Europe (including green certificate obligation policies). Canadian policy-makers have tended to use other policy approaches to promote renewable energy. • The variation between TREC systems and RPS policies across jurisdictions poses a challenge for a more integrated – and more liquid – TRECs market. In the US, differences between state-level programs have resulted in a fragmented and complex TRECs marketplace. Prices for TRECs have varied substantially over time, across jurisdictions, and are dependent on the specific attributes of an individual TREC (including the vintage, source, and location of the Sustainable Prosperity renewable resource).
    [Show full text]
  • The Future of Power™
    THE FUTURE OF POWER ™ 2018 ANNUAL REPORT SparkPower_FINAL_V7_print.indd 1 2019-05-10 9:48:56 AM Customer Choice THE Sustainable FUTURE Reliable & Resilient OF POWER Cost-Effective IS Widely Distributed Changing 2 SPARK POWER SparkPower_FINAL_V7_print.indd 2 2019-05-10 9:48:56 AM CHAIRMAN’S MESSAGE TO SHAREHOLDERS Customer Choice DEAR FELLOW SHAREHOLDERS, On behalf of the Board of Directors I want to On going public, insider ownership of Spark welcome you all to the Spark Power group of Power was approximately 60% of the issued companies. and outstanding shares of the Company. We Sustainable believe that such high ownership on the part of In September 2018, Spark Power took an the board and management team represents a important step forward in our corporate journey powerful endorsement of our potential and will as we made the transition from private to support strong and lasting alignment with the public company, listing on the Toronto Stock interests of all shareholders. That said, over time Reliable & Resilient Exchange. We made the decision to go public we intend to further diversify our shareholder because we felt it was the best way to support base and reduce insider ownership to more the organization’s next phase of growth and modest levels, increasing our public float. to achieve our long-term vision of becoming the leading independent provider of integrated As a power solutions provider to industry, safety Cost-Effective power solutions across North America. must be a primary consideration. Additionally, the board has taken a careful look at how best Spark Power is committed to integrity and to compensate senior management, balancing ethical dealing in all we do and as a newly the need to generate profitable growth with Widely Distributed public company our first task was to establish the desire to prudently manage risk.
    [Show full text]
  • Think Green Seizing Green-Based Opportunities for Growth
    Think green Seizing green-based opportunities for growth LEADING GROWTH FIRM SERIES REPORT 17 “ We understand that, in today’s world, to grow your economy you must green your economy.” Dalton McGuinty Premier of Ontario Think green In this report Green is the new colour of business Thinking green can help you to re-imagine your business, inspire employees and create new products for a more demanding world . 2. Identifying the seven green wastes How to begin the green journey . 7. Champions of green The leaders of six green award-winning Ontario companies open up about motivation, strategy and return on investment . 8. Profile: Furnishing a new market Donald Taylor, Co-founder/Partner and Vice President of Finance and Administration, Reg Bernard, Vice President of Operations, Spec Furniture Inc . 12. Profile: Green ... and expanding fast Alan Rankin, President and CEO, Icynene Inc . 14. Profile: Employees seize the day Karen Galley, Co-owner and President, Patient News Publishing Inc . 16. Profile: Creating a new business model Alex Winch, President, Mondial Energy Inc . 18. Profile: Managing by measuring Ron Dembo, Founder and CEO, Zerofootprint Inc . 20. Profile: The payback of reducing waste Michel Jullian, President and CEO, OCM Manufacturing Inc . 22. Innovators showcase Small and medium-sized Ontario enterprises that seized green opportunities and prospered . 24. The future of green Stuart L . Hart, the author of Capitalism at the Crossroads: Aligning Business, Earth, and Humanity, says organizations that fully embrace the new ethic of sustainability will not only survive, but thrive . 26. Green perspectives . 27. Selected resources Ontario government; research; reading; measures/standards/certifications; organizations (Ontario, Canada and global); magazines, news and information .
    [Show full text]
  • TORONTO GREEN INDUSTRIES DIRECTORY Including Companies Located in the Greater Toronto Region Second Edition June 2020
    TORONTO GREEN INDUSTRIES DIRECTORY Including companies located in the Greater Toronto Region Second Edition June 2020 Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Renewable Energy Urban Wood Green Chemistry Energy Storage Green Roofs EVs Bikes Clean Water Green Buildings Energ GREEN INDUSTRIES DIRECTORY 2 Table of Contents Introduction ……………………………………………………………………………………………………………………………………… 4 Methodology ……………………………………………………………………………………………………………………………………. 4 Defining the Green Sector …………………………………………………………………………………………………………..………… 5 Definition of the Subsectors ……………………………………………………………………………………………………………..…… 5 Definition of the Supply Chains …………………………………………………………………………………………………………….. 6 Directory of Green Organizations …………………………………………………………………………………………………….…… 8 Directory of Green Associations and NGOs – Canada Wide ………………………………………………………………….20 Directory of Education, Government and Research Organizations in Toronto Region …………………………..22 Prepared by Sector Development Office, Economic Development and Culture, City of Toronto An electronic version and a sortable spreadsheet of this
    [Show full text]
  • Poo to Power
    WINTER 2013 THE BULLFROG IN THIS ISSUE Q&A with Bullfrog CEO Peter Melanson | p.2 Aboriginal Power: Powering Change | p.8 Buzz Green recipes: Cranberry Apple Stuffed Acorn Squash | p.11 Use animal poo from the zoo to generate energy? The idea sounds like it’s from a sci-fi novel. But ZooShare, a POO TO renewable energy co-op in Ontario, is working to make it happen in 2014—with the help of you and other Bullfrog customers across the country. In fact, renewable energy co-ops like ZooShare are blooming POWER all over the country, developing community-based clean energy projects—like solar, wind and biogas—to help green Canada’s energy landscape. With Bullfrog Power, you are helping lead this new energy revolution. >P3 Q&A with Bullfrog CEO Peter Melanson Earlier this year, Bullfrog Power announced aim to formalize our company structure, including Peter Melanson as its new CEO. Previously, our board of directors, and focus the roles that Melanson was the CEO of epost, where he earned our board and company play. Finally, I believe the company a CATA award for private sector Bullfrog is poised for significant growth. The more innovation. More recently, Melanson was SVP we grow, the more we can invest in Canadian of Sales at Canada Post Corporation, and was renewables. No one else out there is claiming that, responsible for its national sales force, driving and nobody else is doing that, and so it’s up to us revenues of more than $4 billion annually. Earlier to seed the growth of renewables across Canada.
    [Show full text]