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Explore every episode of the podcast ARC ENERGY IDEAS

Dive into the complete episode list for ARC ENERGY IDEAS. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

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TitlePub. DateDuration
Canadian Electricity: Insights from Jason Chee-Aloy from Power Advisory04 Nov 202500:43:22

This week on the podcast, our guest is Jason Chee-Aloy, Managing Director at Power Advisory LLC. The firm provides expert consulting services in the electricity sector across Canada and the United States. 

A new report from CanREA and Dunsky forecasts a rapid build-out of new electricity generation across the country. With this growth forecast in mind, Jason shares his insights on several major new electricity generation projects shaping Canada’s power landscape — including the planned hydropower dam expansion along the Churchill River by Quebec and Newfoundland and Labrador. 

Jason, Jackie, and Peter also discussed the proposed Wind West project in Nova Scotia, where the province estimates its offshore wind potential could exceed 60 GW of capacity, with up to 40 GW of dependable output.  

In addition, Jason provides an update on Alberta’s ongoing electricity market redesign — the Alberta Restructured Energy Market (REM) — following the release of the Final Design document from the Alberta Electric System Operator (AESO) in August. 

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LNG Ambition, Pipelines, and the Climate Debate in Canada28 Oct 202500:37:24

This week on the podcast, Jackie and Peter begin with a roundup of the latest developments in Canadian energy. They start by discussing Prime Minister Carney’s remarks at the ASEAN Summit in Malaysia, where he suggested that Canada could export up to 50 million tonnes of LNG per year (about 6.5 Bcf/d) by 2030, with the potential to double that by 2040. 

They then turn to the upcoming federal budget, which is expected to include details about Canada’s Climate Competitiveness Plan. Another key topic is President Trump’s decision to suspend trade talks with Canada following controversy over Ontario’s free-trade advertisement. 

Next, the hosts reflect on Peter’s recent commentary in The Hub, titled “Even if Alberta gets a new pipeline, what’s next for the oilsands?” 

Finally, Jackie talks about her recent appearance on a CBC podcast that explored whether Canada can build pipelines while fighting climate change. She explains why she felt the show’s coverage was not balanced and shares her broader concerns about how climate and energy topics are often framed in mainstream Canadian media.

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Is the US Clean Energy Boom Over?08 Jul 202500:33:21

The President of the United States signed the “Big, Beautiful Bill” into law on July 4th. The new legislation brings big changes to the future of U.S. clean energy development. It reduces many (though not all) of the Biden-era subsidies from the Inflation Reduction Act of 2022 (IRA). 

This week on the podcast, our guest is Mike Carr, Executive Director at SEMA Coalition—an organization supporting the U.S.-based solar supply chain. Mike has extensive experience in U.S. federal energy policy, including past positions at the Department of Energy and the U.S. Senate Committee on Energy. 

Jackie and Peter asked Mike: How would you characterize the Bill’s impact on U.S. clean energy, and what damage has it caused? At a high level, does this major policy shift lessen the appetite for investment, even in areas where subsidies remain, due to concerns about political uncertainty? For clean technology manufacturing, such as solar panels, do the newly introduced restrictions on Foreign Entities of Concern (like China) regarding content, intellectual property, and investment make it more challenging to qualify for the production tax credit (45X)? Renewable energy projects that commence construction within a year of the Bill’s passage can still be eligible for subsidies for the following four years; does this create a construction boom, and what happens afterward? Given China’s dominant position in manufacturing many types of clean energy technology, how should the U.S. compete? Is it better to leapfrog China with innovation, rather than simply following and producing the same technology?

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Clean Energy Investing: What is the Investor Perspective? 16 May 202300:32:05

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 Jackie discuss why policy risk was one of the top concern areas for investors.  Why does policy risk rate high on the list of concerns?  What are the factors of policy risk that should be evaluated? 

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The Olympics of Petroleum Conferences Is Coming to Calgary 09 May 202300:32:50

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 world’s leading assembly for the petroleum industry. The organizers are expecting 15,000 visitors and 5,000 delegates from over 100 countries.  

Finally, we wrap up the podcast with an update on Jackie’s solar panels, and how the economic return looks now with the first full year of actual operating data.  

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Atlantic Canada: Is Net Zero Electricity by 2035 Possible? 02 May 202300:29:29

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 hydro project operating yet? What is the final cost of Muskrat Falls?  Considering the high cost, do you expect other large hydro projects to be built in Eastern Canada?  What is the latest on the Atlantic Loop and Quebec to US transmission projects? Are the incentives and financing in Canada’s Budget 2023 enough to get transmission projects started? What was the historical agreement between Newfoundland and Labrador and Quebec for supplying electricity from Churchill Falls and how has that shaped the relationship between the two provinces on electricity?  Will Atlantic Canada have small modular reactors (SMRs) operating by 2035? Is renewable power generation (wind or solar) expected to grow in Atlantic Canada? Do you think Atlantic Canada will reach net zero electricity by 2035? 

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

To see a transcript of this podcast, visit the link (scroll part way down the page):
Atlantic Canada: Is Net Zero Electricity by 2035 Possible? (arcenergyinstitute.com)

Check us out on social media:

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Canadian Natural Gas Has Gone Global: An Interview with Mike Rose from Tourmaline 25 Apr 202300:34:09

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 of gas they ship as LNG by 2026. 

Here are some of the questions that Jackie and Peter asked Mike: How have Western Canadian gas producers survived low gas prices? Why is Tourmaline investing in natural gas stations for heavy-haul trucking now, considering it still has GHG emissions? Has Tourmaline reduced its environmental footprint, including greenhouse gas emissions? How challenging is it to achieve the federal government’s goal of reducing oil and gas emissions in the range of 40 to 45 percent by 2030? Are you exporting LNG to international markets today? Can Canada compete with the U.S. to supply gas to LNG export terminals on the U.S. Gulf Coast? How much WCSB gas could ultimately be shipped off Canada’s West Coast?  

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To see a transcript of this podcast, visit the link (scroll part way down the page):
Canadian Natural Gas Has Gone Global: An Interview with Mike Rose from Tourmaline (arcenergyinstitute.com)

Check us out on social media:

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Photographer Edward Burtynsky: A Picture is Worth 1000 Spreadsheets 18 Apr 202300:49:29

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 museums around the world.  

Peter and Jackie talk about how Edward’s industrial pictures show the impact of human consumption on the Earth, including (among other things) oil and gas, farming, mining, and waste. Edward shares his views on energy, environmental sustainability, energy transition, climate change, and the growing footprint of humankind. 

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To see a transcript of this podcast, visit the link (scroll part way down the page): Photographer Edward Burtynsky: A Picture is Worth 1000 Spreadsheets (arcenergyinstitute.com)

Check us out on social media:

Twitter: @arcenergyinst
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OPEC Surprise Cut and Canada’s Budget 202311 Apr 202300:35:03

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. 

Content referenced: 

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ 

To see a transcript of this podcast, visit the link (scroll part way down the page):OPEC Surprise Cut and Canada’s Budget 2023 (arcenergyinstitute.com)

 Check us out on social media:

Twitter: @arcenergyinst
LinkedIn: @ARC Energy Research Institute
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BloombergNEF: Big Trends in Energy Transition Investment 04 Apr 202300:33:46

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.? How much did investment in energy transition increase in 2022 and what was the total level of investment?  What are the hot areas for investment?  Is current investing in clean energy deployments enough to be on track for achieving net zero by 2050? BloombergNEF data shows that in Q4 2022, 19% of new vehicle sales globally were electric, is that ahead of your expectations? What are your thoughts on Canadian clean energy investing?  Do you anticipate that the current market volatility, including bank failures, high-interest rates, and SPACs could reduce investors’ appetite for investing in clean energy? 

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Newfoundland’s Green Hydrogen Project 29 Mar 202300:37:37

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 about the different parts of the project (electricity production to hydrogen and ammonia). Why did you select the province of Newfoundland and Labrador? How do you manage the variability of renewable power while running the ammonia plant 24/7? How much does the cost of green ammonia compare with hydrogen produced from fossil fuels? Would you look for 10 or 20 year take-or-pay contracts before proceeding with the project or is it a merchant model? How does Canadian policy for green hydrogen compare with the U.S. Inflation Reduction Act (IRA)? 

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What Are Scope 4 GHG Emissions? 21 Mar 202300:29:32

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 called avoided emissions) should be considered in green investment goals. Scope 4 emissions consider the big-picture impact by capturing the emission benefits when a company’s products are used.   

For example, take an energy-intensive insulation manufacturer that has relatively high scope 1 and 2 emissions.  These high emissions could cause investors with strict requirements around reducing scope 1 and 2 emissions to not invest. However, when insulation is used in buildings, the emissions reductions are large.  These long-term emissions reductions from using the insulation are scope 4 or avoided emissions.  This example demonstrates how, by considering the scope 4 emissions, investors can see the big picture of their investment's climate impact. 

This week our guests tell us more about the state of emissions reporting, including scope 4 emissions. We are pleased to welcome Erica Coulombe, Vice President at Millani, and Marcus Rocque, Senior Research Analyst at ARC Energy Research Institute to the podcast. 

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Talking Energy Policy with the Honourable Jonathan Wilkinson 14 Mar 202300:27:59

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 regional roundtables and what do you hope to learn from them? What is the progress on Canada’s Carbon Capture and Storage (CCS) policy? Do you expect any CCS projects to be sanctioned? What is the latest news on the Federal Government’s proposed cap on oil and gas emissions? How is Canada competing with the US Inflation Reduction Act (IRA)? What is the status of the proposed East Coast green hydrogen projects? 

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Shipping Canadian Oil to Tidewater: What’s Next for Trans Mountain24 Jun 202500:40:59

This week, our guest is Mark Maki, Chief Executive Officer of Trans Mountain Corporation. The original Trans Mountain pipeline was built in 1953, and the Expansion Project was completed just over one year ago, nearly tripling the pipeline’s capacity to 890,000 B/d (from 300,000 B/d).  

Here are some of the questions that Jackie and Peter asked Mark: How much do you expect to pay your shareholder (the Canadian Government) in 2025 and 2026? What are the logistics of moving the oil by tanker? Where are the tankers going, and what type of crude is shipped in the pipeline? How has the pipeline improved Canadian oil prices? What is the expected timing for a resolution on the tolls, as a Canadian Energy Regulator (CER) hearing is currently underway that could adjust the cost for shipping oil? What is the potential to increase pipeline flows, and is there potential for a northern leg as proposed in the early days of the expansion? The Federal Government has stated it plans to sell the pipeline; do you have any updates on that and the potential timing? What are your thoughts on Bill C-5 and the potential for this type of legislation to avoid the high costs and many delays faced by the Trans Mountain Expansion?

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ENMAX: Powering Up for the Future 07 Mar 202300:30:48

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. 

Here are some of the questions Jackie and Peter asked Jana: Why did ENMAX purchase the business in Maine? What is ENMAX doing to help customers with affordability and adoption of clean energy? Is net-zero electricity possible by 2035 for ENMAX? What are you doing to prepare for a growing number of electric vehicles (EVs), trucks and medium duty fleet vehicles?  Besides EVs do you expect other electricity load growth? Will Calgarians be able to use their EVs in their homes for battery back-up and for sending electricity back to the grid? Do you expect that there will be a need to build new wires and equipment to people’s homes to support EVs and other load growth?  

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The Future of LNG in British Columbia 28 Feb 202300:34:38

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 and Jackie asked Stewart:  How have politics in B.C. changed with the new Premier, David Eby? How is LNG viewed in B.C. now? Is LNG considered as green energy and a way to reduce the use of coal in Asia? What do you think are the chances for the second phase of LNG Canada? What is the sentiment from Indigenous groups on resource development? Explain the Blueberry River First Nations agreement with the B.C. government and how it impacts industrial development in other areas of the province? Do you expect large scale CCS projects to be developed in Northeast B.C.? 

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Catching Up: Russia, Oil, Natural Gas, Policy and Clean Tech Promises 21 Feb 202300:29:04

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 with articles that overpromise when it comes to clean energy technologies, including commentary on the article “Scientists Successfully Split Seawater to Produce Green Hydrogen” (OilPrice.com) 

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To see a transcript of this podcast, visit the link (scroll part way down the page):
Catching Up: Russia, Oil, Natural Gas, Policy and Clean Tech Promises (arcenergyinstitute.com)

An Interview with Canada Pension Plan Investments' President and CEO, John Graham 14 Feb 202300:32:15

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? What are your thoughts on 2023 with respect to geopolitics, threat of recession, inflation and volatility in general? Are you dampening your return expectations as a result of the weaker macro outlook? Is the CPP well funded to support Canadians who retire long into the future? Does the CPP have a net-zero 2050 goal?  Will you still invest in high carbon industries, for example steel, concrete or oil and gas? Do you have goals for investing in clean and green energy? What are the barriers for investing capital in clean energy? Could the US Inflation Reduction Act (IRA) attract energy transition focused capital away from Canada? There is an active debate in Alberta now about leaving the CPP, beyond contribution levels, what other factors should Albertan’s consider in this major decision? 

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  

 To see a transcript of this podcast, visit the link (scroll part way down the page): An Interview with Canada Pension Plan Investment’s President and CEO, John Graham (arcenergyinstitute.com)

Making History: Enbridge Partners with Indigenous Communities on Pipelines 07 Feb 202300:33:47

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 Gruending, Enbridge’s Executive Vice President and President of Liquids Pipelines join the podcast to tell us more about the agreement.   

Here are some of the questions Peter and Jackie asked Justin and Colin:  How will the agreement help the 23 communities who are now equity partners in the pipeline system?  How did Athabasca Indigenous Investments finance their share of the pipeline for over $1 billion? What was the process like – who made the first phone call and how long did it take to come to an agreement? Do you foresee more equity partnerships occurring in the future? What is your advice for how companies should participate in Indigenous reconciliation? 

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To see a transcript of this podcast, visit the link (scroll part way down the page):  Making History: Enbridge Partners with Indigenous Communities on Pipelines (arcenergyinstitute.com)

Can the Grid Handle EVs? 31 Jan 202300:36:59

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-up of Electric Vehicles (EV), and finally the prospects for achieving net-zero electricity by 2035 in Canada.  

Here are some of the questions Peter and Jackie asked Blake: Does Alberta’s Electricity Systems Operator (AESO) need a better system for asking residential consumers to reduce their demand in times that the power system is in short supply?  How are electrical system distributors preparing for the coming influx of EVs?  Will people adjust their charging behavior to help the electrical system accommodate more EVs? Do you think Canada can achieve net-zero electricity by 2035? Will large transmission lines between provinces be required to achieve net-zero?  How could net-zero impact consumer’s utility bills in 2035?  

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To see a transcript of this podcast, visit the link (scroll part way down the page): Can the Grid Handle EVs? (arcenergyinstitute.com)

Are Carbon Offsets Credible? 24 Jan 202300:34:16

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 emissions benefit that they claim.  

This week, our guest Dirk Forrister, President and CEO of the International Emissions Trading Association (IETA) helps us understand the current state of the carbon markets. 

Here are some of the questions that Peter and Jackie asked Dirk: What is your response to the critics of carbon markets – including John Oliver and The Guardian? To improve credibility, some groups are advocating that avoidance credits should be banished, and only removal credits should be supported – do you agree with that perspective? When do you expect that countries can trade credits across borders? Does the Article 6 agreement ,made during COP 26, facilitate international trade? Do you think Canada could use Article 6 to offset the emissions for operating LNG export terminals?  Are you concerned by the price volatility in carbon credit markets? 

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To see a transcript of this podcast, visit the link (scroll part way down the page):  Are Carbon Offsets Credible? (arcenergyinstitute.com)

A Conversation on Energy and Quebec17 Jan 202300:29:51

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 the Russia-Ukraine war?  Does a cap on oil and gas emissions make any sense during a period of war and energy shortages?  What do Quebecers think about oil pipelines in their province?  What about LNG exports from Quebec? Is Quebec considered energy secure now? How could that change in the future? What are some of the interesting possibilities for Quebec energy in the future? 

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To see a transcript of this podcast, visit the link (scroll part way down the page):  A Conversation on Energy and Quebec (arcenergyinstitute.com)

Nine Themes to Watch in 2023 10 Jan 202300:32:15

Peter and Jackie start the year off by introducing nine topics that are likely to dominate energy and climate discussions in 2023. 

  1. China – Zero-COVID policy relaxation consequences 
  2. Ukraine war outlook 
  3. Inflation outlook 
  4. Commodity price outlook – Which way? Up, down or both? 
  5. Year of the EV pickup truck 
  6. Canada’s response to the US IRA and other climate policy 
  7. Green-on-green competition begins 
  8. First FID on major CCS projects in Alberta 
  9. LNG in Canada outlook 

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ 

To see a transcript of this podcast, visit the link (scroll part way down the page):  Nine Themes to Watch in 2023 (arcenergyinstitute.com)

Looking Back on 2022: What Were the Big Surprises? 20 Dec 202200:32:43

On this week’s podcast we look back on the key themes that shaped the past year.  First, we review our predictions from early January. How well did we predict the issues that would dominate the discussion in 2022?  We also review some of the big stories of the year that we did not foresee twelve months ago.  

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To see a transcript of this podcast, visit the link (scroll part way down the page): Looking Back on 2022: What Were the Big Surprises? (arcenergyinstitute.com)

Daniel Yergin on the Troubled Energy Transition17 Jun 202500:32:49

This week, our special guest is Daniel Yergin, Vice Chairman of S&P Global and Chairman of S&P's CERAWeek conference. Daniel is the Pulitzer Prize-winning author of “The Prize: The Epic Quest for Oil, Money, and Power”. His most recent book is “The New Map: Energy, Climate, and the Clash of Nations”

Please note that the interview with Daniel Yergin was recorded on June 11th, before the Israel and Iran conflict began on June 13th, 2025. 

Here are some of the questions Peter and Jackie asked Daniel Yergin: Why did you describe the energy transition as troubled and in need of a pragmatic path forward? Do you believe there is a growing consensus that the “fast energy transition” scenario is unrealistic? Do you anticipate Europe softening its green policies and subsidies or extending timelines for net-zero goals? How do you foresee the trade war and competition between the G2 (the United States and China) evolving? How dominant is China in clean energy, and what implications does this hold for the United States' ability to compete? What is OPEC’s motivation for reintroducing supply to the market during a period of weaker demand? What strategy would you recommend for Canada to address US trade pressures and potential annexation threats? 

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The Ups and Downs of Aviation: An Interview with WestJet’s CEO13 Dec 202200:31:09

This week Alexis von Hoensbroech, Chief Executive Officer at WestJet joins as our guest. 

The last few years have been very difficult for airlines. COVID restrictions caused the industry to shrink overnight, then in the summer of 2022 people started traveling again but the airports and airlines were collectively challenged by the surge in demand.  On top of all that pressure and change, airlines are being asked to reduce their GHG emissions.  

Here are some of the questions that Peter and Jackie asked Alexis: How did WestJet manage during the pandemic and the pent-up demand in 2022? How is WestJet dealing with greater competition in the Canadian market? What are the advantages of the new planes that WestJet is purchasing?  What commitments have you made to reduce GHG emissions? What technologies will be needed to achieve these reductions? Carbon offsets are an option today, how many customers voluntarily purchase offsets for their flights? 

 

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To see a transcript of this podcast, visit the link (scroll part way down the page): The Ups and Downs of Aviation: An Interview with WestJet’s CEO (arcenergyinstitute.com)

EVs in Canada: Are Mandates a Good Idea? 06 Dec 202200:30:38
This week Daniel Breton, President and CEO of Electric Mobility Canada (EMC) joins as our guest.  Prior to joining EMC, Daniel was an environmental activist and politician in Quebec. 

Here are some of the questions that Peter and Jackie asked Daniel: What percent of new cars in Canada are EVs now? Are you concerned about cost inflation and the lack of cars?  Which Canadian provinces are EV leaders and laggards?  The Liberal government wants EVs to make-up 60% of new car sales by 2030 and 100% by 2035 – are mandates a good idea? Is the Canadian government spending enough to build out EV charging infrastructure?   California had a power shortage in early September and some people said this is a sign they cannot add more EVs, is that a fair criticism? 

Content referenced in this podcast: 

 

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To see a transcript of this podcast, visit the link (scroll part way down the page): EVs in Canada: Are Mandates a Good Idea? (arcenergyinstitute.com)

Canadian Energy, Politics and Western Alienation 29 Nov 202200:34:08

This week our podcast was recorded at the Bennet Jones Lake Louise World Cup Business Forum. Our podcast guest  is the Honourable A. Anne McLellan, who was a speaker at the event and is currently Senior Advisor, Public Policy Group at Bennet Jones

Ms. McLellan joined Bennet Jones after a distinguished career in federal politics.  Ms. McLellan served four terms as the Liberal Member of Parliament for Edmonton Centre, holding numerous Minister positions during that time and was Deputy Prime Minister from 2003 to 2006. 

Here are some of the questions that Jackie and Peter asked Ms. McLellan: How does the United States Inflation Reduction Act (IRA) impact Canadian clean energy? Do you think Canada should develop plans to increase LNG exports to help Europe with their energy shortage? How do you view the growing divide between Western provinces and Ottawa?  Any thoughts on Alberta’s Sovereignty Act? 

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To see a transcript of this podcast, visit the link (scroll part way down the page): Canadian Energy, Politics and Western Alienation (arcenergyinstitute.com)

Energy Transition in the Middle East22 Nov 202200:35:10

This week on the podcast our guest is Dr. Bassam Fattouh, Director of the Oxford Institute for Energy Studies (OIES).  OIES is a world leading independent energy research institute specializing in advanced research into the economics and geopolitics of energy.  Dr. Bassam Fattouh is an expert on oil markets, including OPEC, the energy transition, and the economic environment of the Middle East.  

Here are some of the questions that Jackie and Peter asked Dr. Fattouh: What are the challenges of energy transition for oil producers in the Middle East? Are they diversifying into new energy types and Carbon Capture and Storage (CCS)? Were you surprised by the latest OPEC+ decision to cut production by 2 MMB/d when the US and Europe are acting to reduce oil prices? How does the Middle East view US shale oil now?  Do you see a future for Russia in OPEC? 

The OIES publishes publicly available papers to help understand oil, natural gas, and energy transition including – solar, hydrogen, CCS, nuclear and much more. Please see their website: https://www.oxfordenergy.org/ 

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 To see a transcript of this podcast, visit the link (scroll part way down the page): Energy Transition in the Middle East (arcenergyinstitute.com)

Spotlight on Alberta Power: An Interview with Mike Law, CEO at AESO 15 Nov 202200:36:37

On this week’s podcast our guest is Mike Law, President and Chief Executive Officer at the Alberta Electric System Operator (AESO). 

Here are some of the questions that Jackie and Peter asked Mike: Are consumers exposed to the volatile power price in Alberta’s deregulated electric market?  Why are electricity prices in Alberta higher now? Are the costs for transmission too high? Is net-zero electricity by 2035 achievable?  What is the current status of the federal government’s Clean Electricity Standard?  In a deregulated market, how can Alberta ensure that enough clean electricity generation capacity is constructed by 2035?  Do you think a pan-Canadian grid is part of the solution for achieving net-zero electricity?  

Other information referenced in this podcast: 

  

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To see a transcript of this podcast, visit the link (scroll part way down the page): Spotlight on Alberta Power: An Interview with Mike Law, CEO at AESO (arcenergyinstitute.com)

New Canadian Clean Energy Incentives and COP 27 08 Nov 202200:27:48

This week on the podcast, Peter and Jackie talk about the news from the Federal Government’s Fall Economic Statement 2022.  The Government announced new incentives that will come into force in 2023, including credits for green electricity, clean hydrogen, energy storage and heat pumps, and a new fund to support private investment in Carbon Capture and Storage (CCS). They also introduced plans to develop incentives for manufacturing competitiveness. These incentives increase the opportunity for clean energy investing in Canada.  

 

They also weighed in on President Biden’s recent threats of a windfall tax on oil and gas producers in the United States if they do not start using their profits for growing oil and gas production. 

 

Next, they talk about the IEA’s latest World Energy Outlook.  The agency has revised down its outlooks for natural gas demand due to the events of the past year.   

 

Finally, COP 27 has kicked off in Egypt this week. Do these meetings actually make a difference in reducing emissions? What will be the topics of discussion this year? 

 

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 To see a transcript of this podcast, visit the link (scroll part way down the page): New Canadian Clean Energy Incentives and COP 27 (arcenergyinstitute.com)

A Concrete Solution to Sequestering Carbon: An Interview with CarbiCrete 01 Nov 202200:25:43

Did you know that concrete is responsible for about 8% of global carbon dioxide emissions, more than double those from aviation.   

On this week’s podcast, Chris Stern the Chief Executive Officer and Co-Founder at CarbiCrete introduces a made-in-Canada solution for addressing part of concrete’s greenhouse gas problem.  His company has developed a carbon-negative technology for producing precast concrete.  The precast market makes up about 30 percent of the total market for concrete. 

Here are some of the questions that Jackie and Peter asked Chris Stern: How much concrete does the world use each year? How are carbon dioxide emissions created in the production of traditional concrete and how can they be reduced? How is CarbiCrete’s product made?  How is CarbiCrete’s product carbon-negative? Do you receive carbon credits for removing emissions?   How long has it taken to develop your concrete process so far? Are customers concerned about the durability when new concrete mixes and processes are introduced? 

Content referenced in this podcast: 

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ 

To see a transcript of this podcast, visit the link (scroll part way down the page): A Concrete Solution to Sequestering Carbon: An Interview with CarbiCrete (arcenergyinstitute.com)

Catching up: Politics, European Energy Conservation and Oil Markets 25 Oct 202200:31:58

This week on the podcast Peter and Jackie catch up on Peter’s trip to Europe.  First, they talk about the political changes, both in Europe and closer to home with new Premiers in both British Columbia and Alberta. 

Next, they switch to the topic of energy conservation in Europe.  Did Peter see any signs that people are saving energy?  Is energy affordability and conservation a focus of the conversation? 

Finally, they talk about the oil markets.  Prices have softened since reaching over $120/B in June and, as a result, OPEC+ announced they would cut their production in early October.  President Joe Biden warned there would be consequences due to the production cut. Jackie and Peter discuss the potential actions that the United States could take.  

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 To see a transcript of this podcast, visit the link (scroll part way down the page): Catching up: Politics, European Energy Conservation and Oil Markets (arcenergyinstitute.com)

About the Economy: Inflation, Equity Markets and Recession Fears 18 Oct 202200:25:29

The stock markets have witnessed steep declines this year, inflation is at 40-year highs, central banks are increasing interest rates and recession fears are growing. 

To help explain what is next for the economy, Craig Alexander, President of Alexander Economic Views and Chief Economist & Executive Advisor at Deloitte Canada joins the podcast. 

Here are some of the questions Peter and Jackie ask Craig:  How would you describe the rate of inflation we are seeing today? Labour shortages seem to be everywhere, where did the people go?   Do you expect a recession in the United States and in Canada? What is your outlook for Canadian housing prices? Why do equity markets suffer when interest rates increase? What policy is better for clean energy policy from an economics perspective, the American "carrots" or the Canadian "sticks"?  Deglobalization is occurring, what are the implications for the economy? Longer-term, are you feeling optimistic or pessimistic about the Canadian economy?  

Content referenced in this podcast: 

 

Please review the ARC Energy Institute disclaimer.

To see a transcript of this podcast, visit the link (scroll part way down the page): About the Economy: Inflation, Equity Markets and Recession Fears (arcenergyinstitute.com)

An Interview with Peter Altmaier, Germany’s former Energy Minister 14 Oct 202200:30:34

This week, Peter Altmaier, Germany’s former Minister for Economic Affairs and Energy (2018-2021) visited Calgary to speak at the PETRONAS International Energy Speaker Series hosted by the Centre for Corporate Sustainability at the Haskayne School of Business with the University of Calgary. 

After the Petronas Energy Speaker Series, Peter sat down with Jackie to talk about Europe’s energy crisis.  

Here are some of the questions Jackie asked Peter Altmaier: Why did Germany become so reliant on Russian gas? Did he ever fear a scenario that Russia would use natural gas as a weapon?  How significant is the loss of the Nord Stream pipelines? Has Russia shred its reputation as a reliable supplier of energy forever?  What do you expect the energy situation in Germany will be this winter? How important will clean hydrogen and hydrogen imports be for Germany in the future? What was your reaction to Chancellor Scholz’s recent visit to Canada, on the lack of East Coast LNG and the possibly of green hydrogen?   

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To see a transcript of this podcast, visit the link (scroll part way down the page): An Interview with Peter Altmaier, Germany’s former Energy Minister (arcenergyinstitute.com)

The View From St. John’s: Investment, Energy, and Nation-Building10 Jun 202500:40:21

This week on the podcast, we discussed Jackie’s recent visit to St. John’s, Newfoundland and Labrador, to attend the Energy NL conference. Energy NL is the province’s energy supply and service sector association, which annually hosts the province’s flagship conference on conventional and clean energy. 

This week, Charlene Johnson, Chief Executive Officer of Energy NL, joins the podcast to explore Newfoundland and Labrador’s energy potential and the discussions at the conference. Among the topics covered were potential nation-building projects, such as the Churchill River hydroelectric development—a joint $33 billion potential initiative by Newfoundland and Labrador Hydro and Hydro-Québec that aims to add nearly 4 GW of new electricity generation capacity on the river. Another significant project discussed was Equinor’s Bay du Nord offshore oil development, which could open a new offshore basin 500 km off the coast of Newfoundland. 

In addition to covering the conference highlights, Jackie and Peter recapped the past week’s events, including the constructive First Ministers’ meeting in Saskatoon on June 2nd. During this meeting, Prime Minister Carney outlined the criteria for nation-building projects. Furthermore, on June 6th, the Carney government tabled new legislation, “Bill C-5: One Canadian Economy: An Act to enact the Free Trade and Labour Mobility in Canada Act and the Building Canada Act.” The goal is to pass the bill into law by Canada Day. 

Content referenced in this podcast: 

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Energy War in Europe 04 Oct 202200:43:12

Putin's war is being fought on many fronts. A real war in Ukraine, but also an economic and energy war in the rest of Europe. 

This week our guests are David Sheppard, FT Energy Editor based in London and Derek Brower, US Energy Editor for the Financial Times and FT Energy Source Editor based in New York.  

Here are some of the questions Jackie and Peter asked our guests: Assuming that Russia was at fault for the sabotage of the Nord Stream 1 and 2 pipelines, what could be the motivation? How difficult are the high energy prices for residential and industrial energy consumers in Europe now? So far, the energy war has been fought in the gas markets, but are the oil markets next? European governments are offering energy price caps and subsidies to shield consumers from high prices, is this the right approach? In June, Putin predicted that Europe will have a surge of populism that will oust the current governments. Is Italy a one off, or do you foresee government change towards more right-wing leaders in other EU countries? 

 

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To see a transcript of this podcast, visit the link (scroll part way down the page):  Energy War in Europe (arcenergyinstitute.com)

A Well-Rounded Conversation with Google About the Circular Economy27 Sep 202200:33:46

Currently we have a linear economy – products are created, used and then thrown away.  In a circular economy there is no waste – after they are used, products are recycled and/or reused. 

This week our guest is Mike Werner, Lead for Circular Economy at Google.  Mike tells us about Google’s sustainability goals. 

Here are some of the questions Peter and Jackie ask Mike: Google sells hardware – Nest thermostats, cell phones and so on – what happens to these products when they are no longer useable?  How does Google use digital products to help consumers make more sustainable choices? Why did Google commission papers on plastic waste? Are you optimistic that plastic waste can be reduced?  

Content referenced in this podcast:

·         Learn more about Google’s Sustainability Goals

·         “Closing the Plastics Circularity Gap”  with contributions from AFARA consulting (recently acquired by EY Canada) and Google

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

To see a transcript of this podcast, visit the link (scroll part way down the page):A Well-Rounded Conversation with Google About the Circular Economy (arcenergyinstitute.com)

Natural Gas and Energy Affordability: A Conversation with Tim Egan from the Canadian Gas Association (CGA)20 Sep 202200:31:49

While North American natural gas prices are relatively low compared to Europe and Asia – they are still over four times greater than the typical level over the past several years. Assuming a cold winter, North American prices could spike up even higher.

This week we invite Tim Egan, President and CEO, Canadian Gas Association (CGA) to join the podcast to talk about natural gas in Canada.  

 

Here are some of the questions Peter and Jackie ask: Is affordability a concern this winter for Canadian residential and industrial users of natural gas?   Are exports of LNG from Canada’s east coast economic? Why has central Canada’s consumption of American natural gas grown?  Will Renewable Natural Gas (RNG) or hydrogen consumption grow in Canada? What are some examples of Canadian innovation when it comes to natural gas?

 

Content referenced in this podcast:

·         Website with more information on natural gas and its consumption: “Fueling Canada – we can do it” 

The Growing Anti-ESG Movement13 Sep 202200:28:49

The backlash against the ESG movement is on the rise. ‘Anti-woke’ investment funds are launching and 19 US States wrote a letter to BlackRock, saying it is putting leftist politics above investor interests and returns.  Jackie and Peter debate if the ESG backlash could change corporate behaviour around climate and the environment.  Especially when you consider that, compared with the pro-ESG movement, the anti groups currently represent much less capital. 

Next, we invite our guest Radha Curpen, Vice Chair, Vancouver Managing Partner and National Leader, ESG and Strategy and Solutions, Bennett Jones to join us to provide an update on the legal aspects of ESG for corporations.

Content referenced in this podcast:

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Charging into the Energy Transition: An Interview with Canadian Battery Technology Company Electrovaya06 Sep 202200:32:00

One uncertainty about how the energy transition will play out is how prevalent battery technology will be in the future. 

Today’s lithium-ion batteries work well for short duration utility storage and electric cars, but they are not commercial for some other applications – such as long duration energy storage or heavy hauling.  Also, material supply constraints are increasing the cost of batteries and becoming a limit to growth.  

To understand the current and future state of battery technology, we welcome Dr. Rajshekar DasGupta, Chief Executive Officer of Electrovaya to our podcast.  

Electrovaya is a Canadian developer and manufacture of lithium-ion batteries that is based in Mississauga, Ontario. They are also developing proprietary solid state battery technology.

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Summer Wrap-Up: US Inflation Reduction Act, AECO Gas Price Plunge and Other Headlines30 Aug 202200:26:21

This week on the podcast, Jackie and Peter discuss some recent news. First, they talk about the surprise end to summer with the United States passing into law the Inflation Reduction Act (IRA).  The IRA includes $369 billion of spending on clean energy and supports the build-out of a clean energy supply chain in the United States and the EV incentives also help  free-trade partners and North American automakers. 

Next, Peter and Jackie talk about how Western Canadian natural gas prices crashed in the last few weeks of summer.  While the rest of the world is paying record high natural gas prices, the benchmark in Alberta – called AECO – was pricing near zero dollars.  Peter and Jackie talk about the price collapse and the causes.

Finally, they debate some recent news headlines.

Content referenced in this podcast:

Please review the ARC Energy Institute disclaimer.

Energyphile Story: Long Way Around16 Aug 202200:23:34

In this episode we showcase one of Peter’s Energyphile stories “Long Way Around.”

In the preamble to the story, Peter and Jackie talk about Canadian energy security for oil.  A Strategic Petroleum Reserve (SPR) for Canada’s eastern provinces would have helped during the 1970s oil price shocks, but is it still relevant today? Should the Energy East oil pipeline be reconsidered as a way to increase Canadian energy security?

The Energyphile stories are also available on numerous podcast apps, including Apple iTunes Podcasts and Spotify.

Content referenced in this week’s podcast:

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

New Caps and New Concerns: Discussing the Federal Government’s Plan for Oil and Gas Emissions09 Aug 202200:48:09

This week on the podcast we discuss the Canadian Federal Government’s July 2022 discussion document “Options to Cut Oil and Gas Sector Greenhouse Gas Emissions to Achieve 2030 Goals and Net-Zero by 2050.”    Joining the discussion is our guest Sander Duncanson, Partner, Regulatory, Environmental, Indigenous and Land at Osler, a Canadian business law firm.

There are two policy options being proposed.  Option one is a new cap-and-trade system for the oil and gas sector in addition to the existing provincial carbon pricing systems already in place.  Option two proposes to modify the existing carbon pricing systems in each province, setting more stringent rules for oil and gas.

Jackie, Peter and Sander express a number of concerns about the proposal; the inefficiency of pricing carbon higher for one sector of the economy, the potential for unintended consequences from overlapping policies, including the potential to harm to smaller oil and gas producers, and the policy could potentially face legal challenges from the provinces creating uncertainty that could ultimately slow down investment and reduction in GHG emissions. 

The discussion document is asking for feedback to be submitted by September 30, 2022 and sent to PlanPetrolieretGazier-OilandGasPlan@ec.gc.ca. We encourage people to participate and express their views on the proposed cap on emissions.

Content referenced in this podcast:

Please review the ARC Energy Institute disclaimer.

Canada Releases the Final Clean Fuel Standard (CFS)26 Jul 202200:22:51

The final rule for Canada’s Clean Fuel Standard (CFS) was published in the Canada Gazette on July 6, 2022.   By 2030, the rule aims to reduce the emissions for Canadian suppliers of gasoline and diesel by over 15 percent (compared with 2016).

This week on the podcast, Jackie and Peter talk about the new rule.  While a draft version was published in December 2020, the final rule had some unexpected revisions. 

They also talk about Alberta carbon policy.  The provincial government issued a document for feedback on proposed changes to the large emitter program, called Technology Innovation and Emissions Reduction (TIER).

Content referenced in this week’s podcast: 

-        The Final Canadian Clean Fuel Standard 

-        A Review of Alberta’s Technology Innovation and Emissions Reduction (TIER) Regulation

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Debating the News Headlines: Oil, ESG, EVs and Greenwashing19 Jul 202200:29:34
Inside the Coming Power Surge: Beacon AI Centers’ Bet on Alberta03 Jun 202500:39:14

North American electricity demand is growing fast, driven by the increasing presence of data centers, as well as other load growth. In Alberta alone, the AESO has reported about 12 GW of requests for load grid connections from data centers. 

This week, our guest is Josh Schertzer, Chief Executive Officer at Beacon AI Centers, which recently announced plans to develop up to 4.5 GW of AI data centers in Alberta, representing an investment of up to C$10 billion. 

Here are some of the questions that Jackie and Peter asked Josh: Should Albertans be concerned about this substantial load growth and the potential for associated higher electricity prices, given that 4.5 GW would account for nearly a 50% increase in current average provincial demand? Can data centers introduce flexibility by curtailing demand during periods of power shortages? Will Beacon AI Centers rely on grid electricity, or will they build their own generation sources? Do the clients of data centers, such as major IT companies, view natural gas as an acceptable energy source, considering its greenhouse gas emissions? How much cooling water is required, and could freshwater availability become a growth constraint? Lastly, what is the employment impact of the projects, including construction, operations, and spin-off jobs associated with establishing a data center hub? 

Content referenced in this podcast:

Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ 

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Canadian Gas is Going Global: An Interview with Cheniere Energy and ARC Resources 12 Jul 202200:35:38

Earlier this year Cheniere Energy and ARC Resources announced a new supply agreement to export Canadian gas from an LNG facility located on the US Gulf Coast. 

This week on the podcast, Anatol Feygin, Executive Vice President and Chief Commercial Officer at Cheniere and Ryan Berrett, Senior Vice President, Marketing at ARC Resources tell us more about their agreement. 

Here are some of the questions that Jackie and Peter ask them:  How well positioned is North America versus other potential LNG suppliers to Europe?  By 2030, how much will US LNG exports grow compared with today?  Considering the long transportation distance, does it make economic sense to export Canadian gas from the US Gulf Coast?   With the increasing pull from international markets, do you expect North American gas production will grow? Are ESG attributes important to buyers of LNG?

See the press release about the Cheniere Energy and ARC Resources supply agreement: https://lngir.cheniere.com/news-events/press-releases/detail/247/cheniere-corpus-christi-stage-iii-and-arc-resources-sign

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Driving Home the Need for Residential Solar28 Jun 202200:31:31

This week on the podcast we talk about Jackie’s recent op-ed “Blackouts Could Drive a Return to Home Solar” with our guests Gursh Bal and Kai Fahrion, who are the Co-CEO’s of Zeno, a residential home solar solutions provider. 

Jackie’s op-ed argues that, while reducing power bills has been the historical reason for installing rooftop solar, the biggest push in the future will come from the increasing risk of power outages due to extreme weather. Electric vehicles and new financing options are other factors that are reducing the barriers to adoption. 

Here are some of the questions Peter and Jackie asked Gursh and Kai:  What is the typical size, cost and payback on a home solar installation?  How can the Ford F-150 Lightning electric truck’s bidirectional feature increase home energy security?   Could a Canadian home go off-grid with these solutions? What is the outlook for residential solar? What are the common concerns when people consider home solar?

Other content referenced in this week’s podcast:

 Please review the ARC Energy Institute disclaimer.

An Interview with Kiewit: What is Next for North American Energy Construction Projects?21 Jun 202200:29:23

Kiewit is one of North America’s largest construction and engineering organizations.  As such, the company has a unique perspective on the pipeline of new infrastructure projects in the United States and Canada.

To get a window into what is on the horizon for large energy infrastructure projects, Kiewit’s Matthew Thomas, Vice President, Carbon Capture and Travis Shearer, Vice President, Markets & Strategy, Oil, Gas and Chemicals join this week’s podcast.

Here are some of the questions Peter and Jackie ask them:  To what extent are inflation and higher interest rates impacting the pipeline of new infrastructure projects?  What is the outlook for carbon capture projects in North America?  Do you expect blue and green hydrogen projects to be constructed? How has the interest in North American LNG changed since Russia invaded Ukraine?  What other types of clean energy projects are under development? 

Other content referenced in this week’s podcast includes:

Learn more about Kiewit at: www.kiewit.com/

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