MESSAGE FROM CEO

This will change everything

Small measures can have huge impacts. 

We all know this now; our world has been turned upside down by a scrap of genetic material called the COVID-19 virus. 

Can microscopic measures also have positive outcomes? Can tiny scraps of code also make the world better? 

Yes, I believe they can. Let me give you an example...

READ THE FULL ARTICLE HERE

Getting Off the Energy Market Roller Coaster

Organizations generally take their energy procurement for granted. They do so at their peril. The case of a high energy consuming company in Alberta provides a cautionary tale.

This company signed a long-term contract while power costs were high in 2013 – at around $80/MW. By 2016, power prices had plunged to $18/MW. Yet, under the contract terms, the company was committed to paying a much higher rate.

What did they do?

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Ontario Temporarily Freezes Global Adjustment Rates

The Ontario Government has announced a freeze and a deferral of a portion of Global Adjustment electricity charges for the months of April, May and possibly June. 

These changes are intended to help Class A and Class B electricity consumers manage through the disruption caused by actions to contain the COVID-19 pandemic.

READ MORE HERE

How has COVID-19 disrupted Canadian Energy Markets?

Recent price declines in North American oil and gas markets are challenging for Canadian producers but may present commercial and industrial energy consumers with a “tremendous opportunity”. This is the verdict of Mr. Stephen Schork, founder of the Pennsylvania based energy advisory firm, The Schork Group. He made the observations during a webinar presented by 360 Energy on May 14. 

Schork told webinar attendees that American oil producing companies need a sustained price of approximately $50/barrel ($US) to develop new production. He noted that rolling contract prices for West Texas Intermediate (WTI) on the NYMEX are currently trading in the vicinity of $25/bbl. 

WATCH THE WEBINAR HERE

Webinar / Heidelberg Cement in Northern Europe describes their path to Carbon Neutral Concrete Products

Concrete is a necessity to develop a sustainable society. But the carbon footprint from the cement which is the glue in concrete is a challenge.

The industry is among the big emitters, and has a responsibility to develop future solutions. In practice; commitment to high level goals is not enough!

Heidelberg Cement Northern Europe launched in 2013 a “0-vision” describing how the path to “carbon neutral concrete products”. To reach that goal, CCS is essential!

Project development has taken long time, but this year we are closer than ever to realize “the first full-scale capture plant at a cement plant”.

Join Per Brevik, Director, Sustainability and Alternate Fu