SaskTel Reports Net Income of $95.4 million

SaskTel Reports Net Income of $95.4 million

July 10, 2024 SaskTel reports its financial results for the 2023/24 fiscal year including net income of $95.4 million and operating revenues of $1,351.4 million. These results demonstrate SaskTel’s ongoing dedication to offering competitive services in the province and to connecting Saskatchewan people by enhancing their networks. “In 2023/24, SaskTel invested $368.5 million of capital…

SaskPower, First Nations Power Authority Sign 100-MW Solar Procurement Agreement

SaskPower, First Nations Power Authority Sign 100-MW Solar Procurement Agreement

SaskPower has signed an agreement with First Nations Power Authority (FNPA) to find a proponent to develop, own and operate a 100 megawatts (MW) solar generation facility to be located in south-central Saskatchewan. SaskPower will buy the power generated from this facility through a long-term Power Purchase Agreement. “This agreement is an example of the Government of Saskatchewan and SaskPower’s commitment to economic reconciliation,” said Dustin Duncan, Minister Responsible for SaskPower. “The strong participation requirement will ensure more opportunity for Indigenous-owned companies to participate in power generation in the province.”

Province Investing in Hydroelectric Energy in Eastern Ontario

Province Investing in Hydroelectric Energy in Eastern Ontario

The Ontario government is expanding and refurbishing clean electricity generation by announcing support for Ontario Power Generation’s (OPG) approximately $1 billion investment to refurbish eight hydroelectric generating stations in Eastern Ontario. This infrastructure program would secure 1,617 megawatts (MW) of clean electricity generation, equivalent to powering 1.6 million homes, helping to meet increasing demand from electrification and fueling the province’s growth. “Hydroelectric generating stations in Eastern Ontario have been providing the province with clean electricity for a century, and with today’s investment, we’re extending the life of these eight stations for decades more to help Ontario meet its growing electricity needs,” said Stephen Lecce, Minister of Energy and Electrification.

EHRC Unveils Electricity in Demand: Alberta Workforce 2023-2028

EHRC Unveils Electricity in Demand: Alberta Workforce 2023-2028

July 2, 2024 Energy transitions underway are affecting Alberta’s electricity workforce Electricity Human Resources Canada (EHRC), released its Electricity in Demand: Alberta Workforce 2023-2028 report today. The Report is the result of a study, undertaken by EHRC and funded by the Government of Alberta, that examines the impacts of evolving economic, technological, regulatory and environmental developments on…

Hydro-Québec Presents the Results of Dialogue on its Action Plan 2035 and Makes Over 40 Commitments

Hydro-Québec Presents the Results of Dialogue on its Action Plan 2035 and Makes Over 40 Commitments

June 25, 2024 Hydro-Québec is presenting the report on the dialogue that it carried out over the past few months to gather ideas and solutions to improve and its Action Plan and bring it to fruition. The discussions held were productive and demonstrated that Quebecers have a strong interest in the province’s energy future. Hydro-Québec has identified…

Alectra Inc. Confirms Commitment to Progressive Aboriginal Relations Certification from the Canadian Council for Indigenous Business

Alectra Inc. Confirms Commitment to Progressive Aboriginal Relations Certification from the Canadian Council for Indigenous Business

June 25, 2024 Alectra has become a member of the Canadian Council for Indigenous Business (CCIB) and is committed to the Progressive Aboriginal Relations™ (PAR) Certification program. By joining a diverse group of both Indigenous and non-Indigenous companies across Canada, Alectra is dedicated to fostering meaningful relationships with Indigenous communities and promoting economic reconciliation. “We…

Sandy Lake First Nation Energized by Wataynikaneyap Power

Sandy Lake First Nation Energized by Wataynikaneyap Power

June 25, 2024 Wataynikaneyap Power is pleased to announce the energization of Sandy Lake First Nation. The northern Ontario community was connected to the provincial power grid on April 18, 2024. “It is wonderful to be able to celebrate the community’s connection to the power grid on Indigenous Peoples’ Day,” Sandy Lake Chief Delores Kakegamic…

Hydro Ottawa Presents 2023 Annual Report to City Council

Hydro Ottawa Presents 2023 Annual Report to City Council

June 25, 2024 Hydro Ottawa Holding Inc. presented its 2023 Annual Report, highlighting successes in enabling sustainable energy solutions for customers, preparing for and responding to extreme weather events, and maintaining a safe and reliable supply of electricity. Board Chair, Bernie Ashe, and President and Chief Executive Officer, Bryce Conrad, presented the company’s 2023 results during the…

OPG Releases Sustainable Finance Framework

OPG Releases Sustainable Finance Framework

June 25, 2024 Ontario Power Generation (OPG) has released its Sustainable Finance Framework, replacing OPG’s Green Bond Framework (2021). The Framework will permit funding of a broader range of clean energy technologies as well as initiatives to create opportunities for Indigenous communities and businesses. The Framework provides opportunities to facilitate Indigenous communities and businesses participating in…

Growth in Burnaby Powered by Clean, Affordable Electricity

Growth in Burnaby Powered by Clean, Affordable Electricity

BC Hydro will construct more than $1.25 billion in capital projects throughout Burnaby over the next decade to upgrade and expand the electricity grid, and provide clean power for homes and businesses in growing communities. “We must build out B.C.’s electrical system like never before, to power our homes and businesses, to power a growing economy and to power our future,” said Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation. “In Burnaby and communities across B.C., these construction projects will create thousands of good jobs over the next decade and ensure that people have access to clean, affordable and reliable electricity – when they need it and where they need it.”

Hermanville Wind Farm Repair Update

Hermanville Wind Farm Repair Update

Hermanville Wind Farm was not operating at its peak ability due to turbine issues. In 2023, there were major repairs to turbines T1, T2, T3, T5 and T7. Repairs have resulted in better energy generation. The repairs will extend the life of existing shafts and improve the reliability of new ones. April 2024 was the best energy producing month in more than two years at over 6,000 MWh produced from eight turbines, with four of those turbines running above 97% availability.

Ontario Lands Major Nuclear Agreements Abroad; Creates Jobs at Home

Ontario Lands Major Nuclear Agreements Abroad; Creates Jobs at Home

The Ontario Government announced the completion of the first phase of site preparation for Ontario’s first Small Modular Reactor (SMR), the first in the G7, being built at Darlington. In addition, the government announced the successful completion of trade missions to Romania and France, securing significant deals totalling $360 million that will support Ontario’s economy and workforce. These agreements will leverage the province’s nuclear expertise to create jobs for Ontario workers and grow the province’s nuclear-supply chain. This mission, led by Minister of Energy and Electrification Stephen Lecce, days after his appointment on Thursday June 6th 2024, along with Minister of Education Todd Smith, included the signing of new agreements with SN Nuclearelectrica S.A. (SNN) in Romania and Stellarex in France.

Electric Vehicle Charging Stations: EcoCharge IGA Becomes the First Network in the Country to Introduce Night Rates

Electric Vehicle Charging Stations: EcoCharge IGA Becomes the First Network in the Country to Introduce Night Rates

Papillons Infrastructure Nature and Earth Day Canada announce the implementation of a preferential night rate on its EcoCharge IGA fast-charging network for electric vehicles, a first in the country. Starting June 17, 2024, electric vehicle users will benefit from a discount of 10 cents per kilowatt-hour (kWh) from 9:00 PM to 5:59 AM when charging their vehicle. This night rate will take effect alongside a shift from an hourly rate to a kWh rate, reflecting actual electricity consumption and ensuring users pay the fair price for what they consume. The rate will be set at $0.49 per kWh during the day and $0.39 per kWh at night, compared to the current rate of $22 per hour.