Weekly Energy Charts
October 14, 2022
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Featured Stories
Renewable investment
Andrew Leach
Via Brad Plumer, I caught this Rystad report on energy investment that shows renewable investment breaking records and surpassing fossil fuel investment amid the European energy crisis.
The future is now!
Graph: Rystad
Battery powered planes?
Yousaff Habib
It’s a Bird! It’s a plane! It’s a battery powered plane?
You’ve likely heard about the massive carbon emissions of planes, and may even have heard environmentalists denounce them in favor of more green alternatives. While it’s true that aviation is a large contributor to greenhouse gases (GHG), accounting for nearly 2.5% of CO2 emissions globally, flight is also one of the quickest and most convenient methods of travel. Rather than replace it entirely, some companies are hoping to replace traditional petroleum-based aircraft with electric ones. This might have sounded ludicrous a decade ago, but advances in technology have made it plausible, at least for domestic flights. Air Canada recently announced plans to purchase 30 battery-powered regional aircraft from Heart Aerospace, subject to a number of conditions.
A Rendering of Heart Aerospaces Battery Powered Plane
Heart Aerospace, based in Sweden, has been working on electric planes for regional transport since 2018, and is showing a lot of promise. Alongside Air Canada, United Airlines and Sounds Air have also signed agreements to purchase of Heart aircraft. Each of these battery powered planes will generate zero direct emissions and be capable of carrying 30 passengers. They are expected to come into service by 2028. Perhaps, in the coming years, you may find yourself flying in a battery powered aircraft!
Oil and Gas Emissions
Andrew Leach
I’ve spent a lot of time this week thinking about the oil and gas cap that is part of the federal government’s climate change plans. We know that oil and gas is both Canada’s largest and fastest-growing source of GHG emissions. We also know that oil sands are a big part of that growth. However, sometimes, a picture is worth a thousand words.
With a new Premier in Alberta, you can bet that
the oil and gas cap will be under an increasing level of scrutiny. It
will be interesting to see where the major players land on this, in
particular those who are part of the oil sands Pathways initiative which
have a joint net zero goal.
Alberta Solar
Andrew Leach
I was struck this week by the rapid growth in Alberta’s solar
generation that has followed the installation of the Travers project.
It’s going to be a
very interesting Spring in the province when all of this new solar
(1088MW of it) is generating to its full potential!
Graph: Andrew Leach
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