Legacy Generation & Distribution
From retrofitting and replacing a massive fleet of legacy coal and gas generation stations to modernising a significant portion of the existing transmission network, the Canadian commercial and private ratepayers are faced with a daunting future. The legacy model of large-scale centralized power stations located far from population centers has resulted in major inefficiencies and an ongoing requirement for costly transmission system upgrades that have been passed along to all consumers. Serious gaps remain, from financial resources to defining to new standards that address the serious economic, environmental and health effects related to the current system.
Abandoned Oil & Gas Infrastructure
Many of the conventional oil and gas fields in Western Canada have reached the end of their economic lifespan and this has left a legacy of inactive and abandoned wells. In Alberta alone there are approximately 200,000 inactive wells and the corresponding surface leases account for more than 1,600 square kilometres of disturbed and potentially contaminated land. There is a moral and economic responsibility to clean up the existing inventory of abandoned well sites and facilities, while preventing further adverse effects to watersheds, agricultural lands and rural communities.
Oil & Gas Extraction
While the fossil fuel industry is a critical part of the Canadian economy, because of the boom and bust of the energy commodity cycle, this industry is volatile. We have seen how international markets and the changing investment environment directly and indirectly impacts lives of millions of Canadians. The energy sectior is investing heavily in new lower-carbon technologies for exploration, cleaner extraction and reduced long-term environmental impacts. Furthermore, whether active or not, there are hundreds of thousands of existing oil and gas wells that each have an economic, social and environmentally effect on us all.