ARC ENERGY IDEAS

The United Kingdom (UK) has had to balance its net-zero ambitions with energy security after suffering from a price shock in 2021 that increased the cost of energy and forced them to stop importing Russian natural gas.  This week, Lord Martin Callanan, the UK’s Parliamentary Under Secretary of State (Minister for Energy Efficiency and Green Finance) at the Department for Energy Security and Net Ze...

The podcast is back after a summer break! This week, Vittoria Bellissimo, President and CEO of the Canadian Renewable Energy Association (CanREA) joins the podcast to discuss the recent developments in Canada’s electricity markets.  On August 4th the Alberta government announced that Alberta is pausing new approvals for large-scale wind and solar projects for six months. Peter and Jackie asked Vit...

This week our special guest is Daniel Yergin vice chairman of S&P Global and author of the Pulitzer Prize-winning book “The Prize: The Epic Quest for Oil, Money and Power”.    Dan’s most recent book “The New Map: Energy, Climate, and the Clash of Nations” now has a revised edition. “The New Map” has been described as prophetic, predicting that Ukraine would be the scene of confrontation and co...

This week our guest is Eric Nuttall, Partner, and Senior Portfolio Manager at Ninepoint Partners LP .  Eric manages the Ninepoint Energy Fund (NNRG) and the Ninepoint Energy Income Fund (NRGI) , which are traded on the NEO Exchange. The Ninepoint Energy Funds are some of the largest actively managed energy funds in the world. Eric’s views on oil and gas commodities and equities are sought after by...

Energy markets are undergoing major changes.  Demand for electricity is increasing and at the same time supply from intermittent renewables is gaining market share. Artificial intelligence (AI) is another source of disruption for electricity markets.   To help us understand the changing market dynamics from an electricity trader perspective, our guest Cory Paddock, President and Co-Founder of GBE...

The United Conservative Party (UCP) and its leader, Danielle Smith won a majority in the Alberta election on May 29, 2023.  Jackie and Peter start the podcast by reviewing the election results and the outlook for energy policy.  Next, the conversation moves to Texas.  The Lone Star State has witnessed big growth in wind and solar energy, but now Republican lawmakers in Texas are trying to impede r...

This week on the podcast our special guest is John Dillon, former Senior Vice President, Policy and Corporate Counsel at Business Council of Canada.    First, John joins Jackie and Peter in a discussion about the Alberta Election that is being held on May 29, 2023.  What can we learn from the past record of the two leading parties, the United Conservative Party (UCP) and the New Democratic Party (...

This week on the podcast Peter and Jackie discuss the results of a recent survey they conducted with a group of investors to understand their perspectives on investing in clean energy.  Do investors see an opportunity to generate strong returns in clean energy? Are they actively investing in clean energy? What do investors view as the most significant risks or uncertainties?  Next, Peter and Jacki...

This episode marks the 200th ARC Energy Ideas podcast!  Peter and Jackie start the podcast commemorating this milestone.  Next, Richard Masson, Chair of the World Petroleum Council Canada joins the podcast. Richard tells us about the 24th World Petroleum Congress that will be held in Calgary from September 17 to 21, 2023. The conference is held once every three years and has been described as the...

This week John Dalton, President of Power Advisory joins the podcast to provide an overview of the electricity markets in Atlantic Canada, including the provinces of New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island.  We also cover Quebec’s role in supplying electricity to the region.   Here are some of the questions Peter and Jackie asked John:  Is the Muskrat Falls...

This week Michael (Mike) Rose, Chairman, President, and Chief Executive Officer of Tourmaline joins us as our guest.  Tourmaline made some exciting announcements last week. First, they announced a partnership on a compressed natural gas (CNG) fueling station network across Western Canada to enable heavy-haul trucks to get off diesel.  The company also announced that they plan to double the amount...

Listen to Peter and Jackie speak in front of a live audience with world-renowned photographer Edward Burtynsky at the office of GBE Energy in Calgary (recorded on April 14, 2023). Edward is regarded as one of the world's most accomplished contemporary photographers, known for his large-format images of natural environments altered by industry. His collections are included in over 80 major mus...

On April 2, OPEC surprised the markets by announcing a large production cut. Oil prices jumped about $5 a barrel on the news.  On March 28, the 2023 Canadian Federal Budget was released which included additional details on investment tax credits (ITCs) and other incentives to support clean energy investment. This week on the podcast, Peter and Jackie discuss both the OPEC cuts and the 2023 Budget....

Albert Cheung, Deputy CEO, of BloombergNEF joins us as our guest this week.  BloombergNEF provides its clients with research on global commodity markets and the technologies driving the transition to a lower-carbon economy.  Here are some of the questions that Jackie and Peter asked Albert:  How has the Inflation Reduction Act (IRA) changed your outlook for energy transition investment in the U.S....

This week Frank Davis, Assistant VP, Green Hydrogen and Canada Country Head at Pattern Energy joins as our guest.  Pattern Energy is developing a green hydrogen project at the Port of Argentia in Newfoundland and Labrador. The project will use renewable electricity to produce green hydrogen and convert it into ammonia.   Here are some of the questions that Jackie and Peter asked Frank: Tell us abo...

Institutional investors are making pledges to reduce the emissions in their portfolio of investments. Most often the goals are tied to their scope 1 and 2 emissions (those controlled by a company they invest in). Occasionally, scope 3 emissions are also included in their goals (indirect emissions from a company’s value chain).  While it is not common today, this podcast explains why scope 4 (also...

This week our guest is the Honourable Jonathan Wilkinson, Minister of Natural Resources.  The Government of Canada is working on some key energy policies, such as the clean energy incentives in the 2023 federal budget and a Sustainable Jobs Plan.  Peter and Jackie asked Minister Wilkinson these questions: How has the Sustainable Jobs Plan been received so far? Which provinces are joining the regio...

This week our guest is Jana Mosley, President of ENMAX Power. Headquartered in Calgary with operations across Alberta and Maine, ENMAX Corporation is a leading provider of electricity services, products and solutions. Jana is responsible for ENMAX’s regulated transmission and distribution business in Calgary. She also directs ENMAX’s power infrastructure, engineering and maintenance services.  Her...

This week our guest is Stewart Muir, founder and CEO of Resource Works ,.  Resource Works is a public-interest advocacy and communications not-for-profit based in Vancouver, British Columbia. Their mission is to reignite the promise of Canada's economic future by leading respectful, inclusive and fact-based dialogue on natural resource development.   Here are some of the questions that Peter...

This week Peter and Jackie catch up on the latest news and topics of interest including:  Russia to cut oil production by 500,000 B/d in March  BP scales back their target to reduce their oil production by 2030   The collapse in North American and International natural gas prices  Waiting for the Canadian Federal Government’s spring budget to learn about clean energy incentives policy  The concern...

This week on the podcast our guest is John Graham, President and CEO of Canada Pension Plan (CPP) Investments . The mandate of CPP Investments is to invest the assets of the CPP Fund with a view to achieving a maximum rate of return without undue risk of loss.  Here are some of the questions Peter and Jackie asked John Graham: What is the history of why Canada created the CPP and CPP Investments?...

In September 2022, Enbridge and 23 First Nations and Metis communities announced that the Indigenous groups would buy an 11.57% non-operating interest in Enbridge operated pipelines in the Athabasca region of northern Alberta for $1.12 Billion – it has been called the first of its kind and an historic announcement.  This week, Justin Bourque, President of Athabasca Indigenous Investments and Colin...

This week on the podcast our guest is Blake Shaffer, Assistant Professor in the Department of Economics and School of Public Policy at the University of Calgary.    We cover a range of topics about Alberta and Canada’s electricity markets.  Including revisiting the tight power market that Alberta experienced during the  December 2022 cold spell, the issues and opportunities that come from the ramp...

Carbon credits are coming under increasing scrutiny. The Guardian ran an article last week that alleged that 90% of rainforest carbon credits issued by Verra, manager of the world’s leading voluntary carbon markets program, the Verified Carbon Standard (VCS) Program, did not represent genuine offsets.  And, comedian John Oliver made the entertaining case that carbon offsets do not deliver the emis...

This week, Yvan Cliche, Fellow at CERIUM (Center for International Studies and Research) at Université de Montreal talks about the opportunities and issues for Canadian energy, including his perspective from Quebec.  Here are some of the questions that Peter and Jackie asked Yvan: Will renewables lessen the dependence on oil and gas any time soon? Is Canada doing enough to help our allies during t...