Electrical Grid in Canada

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80watts

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https://en.wikipedia.org/wiki/Electricity_sector_in_Canada

So what are the problems to get a Canadian electrical grid, with goal of green energy (solar, wind, nuclear, tidal, geothermal) and household that are able to hook up to it/supply energy into it.
The thing with renewable like wind and solar are how to store it to use later.
Given that there are alot of advances with different battery types to hold power, but the grid will need Giga watt storage.

I look at places like Vegas, which will run out of water (hoover dam and lake meade are at all time lows and still supplies alot of water to California for irrigation). Will California need to make desalination plants to make up for water that will run out from the hoover dam. Place like Death valley and hot states could make the solar energy (electrical), in order to desalinate the water. Big infrastructure. Also desalination plants could make up for some Colorado River off shoot to keep min flow to Mexico, while letting lake meade make up volume of water.

The biggest environmental damage that is gonna to happen is to the southern states that suffered the dirty 30s (dustbowl area =drought), which was only corrected by drilling for water, in those arid areas. Since then, they have been drilling deeper and deeper, and no one knows when that water will run out for all those southern and midwest states...

So are we as Canadians going to plan the future or just whine when electrical prices soar, because we were too cheap to look ahead for rainy days....

So far the biggest set back in BC is the lack of how much power you can sell back to BC hydro. One thing for sure there is a big push for electric cars, and they don't have enough energy to power the cars in BC let alone the rest of Canada.

Its funny but the future on money is not in bitcoin, but in Energy. Energy runs everything. Take away gas/diesel for cars and replace them with electric cars requires electrical power.

Canada should make a bitcoin that uses energy as the medium or value of the funds....Tie all provinces together on a grid, get backup storage either through dams or batteries. This is gonna take alot of megaprojects to secure the future of Canada, and all provinces will have to contribute to it in some way.
 

Deguire

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Aug 23, 2018
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...Tie all provinces together on a grid, get backup storage either through dams or batteries. This is gonna take alot of megaprojects to secure the future of Canada, and all provinces will have to contribute to it in some way.
[/QUOTE]

Ha! Good luck with that one! I believe that hydro wires presently run north-south, never east-west. Provinces hate each other's guts. And don't get me started on free trade - there is more free trade with the U.S. and Mexico than there is between provinces. Have you tried to sell Ontario wine in BC? Manitoba busses in Quebec? Alberta oil in New Brunswick? Move across the country if you are a licensed engineer, doctor, lawyer.....Shall I go on?
 

rlock

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May 20, 2015
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https://en.wikipedia.org/wiki/Electricity_sector_in_Canada

So what are the problems to get a Canadian electrical grid, with goal of green energy (solar, wind, nuclear, tidal, geothermal) and household that are able to hook up to it/supply energy into it.
The thing with renewable like wind and solar are how to store it to use later.
Given that there are alot of advances with different battery types to hold power, but the grid will need Giga watt storage.

I look at places like Vegas, which will run out of water (hoover dam and lake meade are at all time lows and still supplies alot of water to California for irrigation). Will California need to make desalination plants to make up for water that will run out from the hoover dam. Place like Death valley and hot states could make the solar energy (electrical), in order to desalinate the water. Big infrastructure. Also desalination plants could make up for some Colorado River off shoot to keep min flow to Mexico, while letting lake meade make up volume of water.

The biggest environmental damage that is gonna to happen is to the southern states that suffered the dirty 30s (dustbowl area =drought), which was only corrected by drilling for water, in those arid areas. Since then, they have been drilling deeper and deeper, and no one knows when that water will run out for all those southern and midwest states...

So are we as Canadians going to plan the future or just whine when electrical prices soar, because we were too cheap to look ahead for rainy days....

So far the biggest set back in BC is the lack of how much power you can sell back to BC hydro. One thing for sure there is a big push for electric cars, and they don't have enough energy to power the cars in BC let alone the rest of Canada.

Its funny but the future on money is not in bitcoin, but in Energy. Energy runs everything. Take away gas/diesel for cars and replace them with electric cars requires electrical power.

Canada should make a bitcoin that uses energy as the medium or value of the funds....Tie all provinces together on a grid, get backup storage either through dams or batteries. This is gonna take alot of megaprojects to secure the future of Canada, and all provinces will have to contribute to it in some way.

Yeah, the power grids are very different from province to province. AB has mostly carbon-burning (coal, gas), not too surprising. BC and Quebec are the hydroelectric kings. Ontario, it's a lot of nuclear.

I think more wind & solar are a good idea, but likely it would be at to supplement the grid; could help individual users reduce their power use by a lot. (here's that other thread about the guy wanting solar panels on his house; great idea, but honestly, I see so many industrial buildings with large roofs - barns, warehouses, etc - where panels would make more sense, so I wonder why they are not more frequent, even a requirement.

Wind power's a strange one; there are some very windy places I do not see any of it, so I wonder why not. Haida Gwaii is still burning carbon fuel for generators; so do a lot of other isolated places up north. Can nobody create a wind turbine that can supply these places? Some are small enough they could store up energy without too much fuss. (Could be cheaper than stretching out the power grid).

One point of resistance seems to be the power utilities themselves, who run the grid. It's like they dislike the idea of buying back surplus from small users, or have no interest in re-jigging things to allow it.

I also think more could be done to develop geothermal and tidal power. Unlike wind and solar, these could provide power consistently and predictably.

You are right that dams are essentially gravity storage batteries. Water evaporates (solar), comes back as rain or snowmelt, and we hold it up where we need it to be released on demand. Climate patterns are changing, though. Could BC count on that if our climate became more like California's?

Bitcoin = energy is right too. All about powering massive blockchain processors. Frankly, the idea of doing so in places that use dirty (carbon burning) energy, so that should be confined to places that have clean energy only.

That goes double for creating hydrogen & a hydrogen economy - sounds great, but powered by what? If it's not being created from "carbon clean" sources, what's even the point? With a bit of a rethink, there too you could use clean but intermittent power sources to get the job done. (Maybe one day our currency will be kW/h, not dollars.)

The federal government, if they had more integrity, would be using those carbon tax funds for exactly this - build the clean energy infrastructure we need. Transform the system much more rapidly than if we just sat around waiting for big business to slowly do it alone.
I oppose any politician who wants to axe the carbon tax, but any carbon tax MUST be put towards the massive effort of energy transformation, or else it is useless optics. Small scale like EV rebates, sure, but also doing things like poweer grid ugrades (things which are way beyond any individual householder). Fuck all those "feel good" rebates. I'd feel better if I saw them doing something useful with it, not just coming up with highly-expensive marketing campaigns to convince us that government-subsidized LNG or TMX or another offshore oil project will get us there. That is the opposite of logic. Money spent on that is money not spent on this, and public money, like energy is limited.

There is so much more that "they" (up above) could do with a small change in attitude and a good dose of logical planning. This is (supposedly) a democracy, so if that's not being done, it's basically our fault. Who else is going to make it happen if we don't?
 

licks2nite

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Texas and Quebec both operate their own electrical grids. Really no reason why every province and state shouldn't operate their own electrical grid.

Have to go off topic a bit. Governments print their own currency through the country's central bank. In your heart you know Canadian government, in the name of all Canadians, owns the Bank of Canada. All benefits and liabilities accumulated by the Bank of Canada belong to all Canadians. Eg., government asks Bank of Canada to print currency to start infrastructure project. The currency appears as a debt liability of the Canadian government. Meanwhile, Bank of Canada records the same newly printed currency as an asset since Bank of Canada collects the prevailing interest rate on currency given to Canadian government. Now the circle-jerk, for want of a better term, becomes readily apparent. Interest rates can rise to any level. Government pays the interest on the loan liability and gets the money back from the Bank of Canada that government owns. We can be a pig and have anything we want since we realize now that Canadian government debt really isn't anything but a record of government's infrastructure project, a grid, and need never be paid back by Canadian government, except to reduce the amount of currency in circulation. Caution: don't let the newly minted cash leave Canada. Other nations will be back looking for something to buy that quite possibly can't be found in Canada. Devaluation of Canadian currency follows. Eventually everybody in Canada pays for the new electrical grid through the cost of higher priced imports. Canadians must either both fabricate components and assemble the grid, or give tangible asset in exchange to other nations to build a grid for Canada, to avoid devalued Canadian currency. Canada today only offers natural resources to foreign manufacturers and real estate for those that get rich from marginalized overseas labour and lax environmental standards. Value needs to be added to natural resources before leaving Canada. Canada needs to more carefully select business partners to avoid being party of slave trades and environmental degradation, such as greenhouse gas emissions elsewhere that eventually end up on Canada's and everybody else's doorstep.
 

Deguire

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Texas and Quebec both operate their own electrical grids. Really no reason why every province and state shouldn't operate their own electrical grid.
No, sorry. Big problem earlier this year in Texas. They had major power cuts that lasted far too long. Mainly because they had no way to bring in power from neighbouring states.
 

Lo-ki

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Jul 18, 2011
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Check your closet..:)
EVs Per Block In Your Neighborhood:
A home charging system for a Tesla requires a 75-amp service. The average house is equipped with 100-amp service. On most suburban streets the electrical infrastructure would be unable to carry more than 3 houses with a single Tesla. For half the homes on your block to have electric vehicles, the system would be wildly overloaded.
Batteries:
Although the modern lithium-ion battery is 4 times better than the old lead-acid battery, gasoline holds 80 times the energy density. The great lithium battery in your cell phone weighs less than an ounce while the Tesla battery weighs 1,000 pounds. What do we get for this huge cost and weight? We get a car that's far less convenient and less useful than cars powered by internal combustion engines.
Bryan Leyland explained why:
“hen the Model T came out, it was a dramatic improvement on the horse and cart. The electric car is a step backward into the equivalence of an ordinary car with a tiny petrol tank that takes half an hour to fill. It offers nothing in the way of convenience or extra facilities.”
Conclusion:
The electric automobile will always be around in a niche market likely never exceeding 10% of the cars on the road. All automobile manufacturers are investing in their output and all will be disappointed in their sales. Perhaps they know this and will manufacture just what they know they can sell. This is certainly not
what many are planning and predicting. However, the media and others will be pushing the electric car as a means of avoiding climate change? We have a chance to tell them exactly what we think of their expensive and dangerous plans politically!
Dr. Jay Lehr is a Senior Policy Analyst with the International Climate Science Coalition and former Science Director of The Heartland Institute. He is an internationally renowned scientist, author, and speaker who has testified before Congress on dozens of occasions on environmental issues. He has consulted with nearly every agency of the national government and many foreign countries.
After graduating from Princeton University at the age of 20 with a degree in Geological Engineering, he received the nation’ first Ph.D. in Groundwater Hydrology from the University of Arizona. He later became executive director of the National Association of Groundwater Scientists and Engineers.
Tom Harris is Executive Director of the Ottawa, Canada-based International Climate Science Coalition, and a policy advisor to The Heartland Institute. He has 40 years of experience as a mechanical engineer, project manager, science and technology communications professional, technical trainer, and S&T advisor to a former Opposition Senior Environment Critic in Canada’ Parliament.
You do not need to have an advanced degree in mathematics to understand the term “verload” The average person, no matter where you live, can quickly identify the political feel-good sensation that is being attempted by those short sighted individuals who are promoting the EV revolution...Vehicle manufacturers, Charging station builders, Transmission Line contractors, Battery producers...etc.
“t’ Magic”....and you are saving the planet by creating less pollution as you get rid of your gas burning vehicle and take out a 5 year loan to pay for the shiny new $60,000 electric car. No more fill-ups at the service station and the global warming is solved. You can now sit back and imagine the new polar ice formations that are providing a safe environment for the Polar Bears, Seals, Penguins that we all adore.
We have done our part saving humanity....and you can see the smile on little Greta Thunberg’ face! BUT WAIT...why are we losing power at our house?
Well the short answer is...We failed to understand that our electrical grid reached max capacity and was overloaded when all of the EV’ were plugged in tonight at the same time. The next short answer is....Where do you think the energy came from to supply the grid in the first place? It sure wasn't from Wind or Solar...nor from any other alternate energy source we use. Incidentally, which all combined, only provides 7% of today’ use demand. It was from the traditional combustible resource called Hydrocarbons!
Until we discover a non-hydrocarbon energy source that is efficient and safe, GET REAL...we are committed to Oil & Gas!
 

PuntMeister

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Jul 13, 2003
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Yes and No.

Despite various opinions about EV green-economics and the real but CURRENT power infrastructure limitations, it is important to recognize that the grids can and will adapt, and that major vehicle OEM’s have already started transitioning most if not all of their passenger car AND TRUCK fleets to EV’s, which will be launched over the next 15 yrs. Looking at the R&D programs and the current pipeline of vehicles set to hit the market even in 5-yrs, you won’t see a lot of gas engined passenger vehicles after that.

As for Mr. Grid, the only viable alternative to oil and coal is likely to be Nukes. Once the EV transition is well underway, I expect to see more and more nuke plants being built, using newer technology than the previous generations. France is ahead of the game, China is building them the fastest, and the USA has a big base that will likely re-jeuve once coal becomes the next public enemy after gasoline vehicles phase out.

Public advisors and policy think-tanks to the contrary will become largely irrelevant (except in Scandanavian countries that are willing to live on vegan crackers and particle-board furniture), because most of the people that talk about the problems transitioning off of fossil fuels don’t actually make anything or re-build infrastructure. This will be a do-ers future.
 

masterblaster

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No, sorry. Big problem earlier this year in Texas. They had major power cuts that lasted far too long. Mainly because they had no way to bring in power from neighbouring states.
The big power outage in texas was Feb 2021 due to severe winter weather and compounded by Texas not being connected to an intra state grid. You may recall that Ted Cruze took the opportunity to go to cancun during the crisis but then his conscience got the better of him and he came back after a day.
 
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jgg

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Varies now
The big power outage in texas was Feb 2021 due to severe winter weather and compounded by Texas not being connected to an intra state grid. You may recall that Ted Cruze took the opportunity to go to cancun during the crisis but then his conscience got the better of him and he came back after a day.
Conscience my ass, he was shamed into coming back.
 

ModSquad

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Texas and Quebec both operate their own electrical grids. Really no reason why every province and state shouldn't operate their own electrical grid.

Have to go off topic a bit. Governments print their own currency through the country's central bank. In your heart you know Canadian government, in the name of all Canadians, owns the Bank of Canada. All benefits and liabilities accumulated by the Bank of Canada belong to all Canadians. Eg., government asks Bank of Canada to print currency to start infrastructure project. The currency appears as a debt liability of the Canadian government. Meanwhile, Bank of Canada records the same newly printed currency as an asset since Bank of Canada collects the prevailing interest rate on currency given to Canadian government. Now the circle-jerk, for want of a better term, becomes readily apparent. Interest rates can rise to any level. Government pays the interest on the loan liability and gets the money back from the Bank of Canada that government owns. We can be a pig and have anything we want since we realize now that Canadian government debt really isn't anything but a record of government's infrastructure project, a grid, and need never be paid back by Canadian government, except to reduce the amount of currency in circulation. Caution: don't let the newly minted cash leave Canada. Other nations will be back looking for something to buy that quite possibly can't be found in Canada. Devaluation of Canadian currency follows. Eventually everybody in Canada pays for the new electrical grid through the cost of higher priced imports. Canadians must either both fabricate components and assemble the grid, or give tangible asset in exchange to other nations to build a grid for Canada, to avoid devalued Canadian currency. Canada today only offers natural resources to foreign manufacturers and real estate for those that get rich from marginalized overseas labour and lax environmental standards. Value needs to be added to natural resources before leaving Canada. Canada needs to more carefully select business partners to avoid being party of slave trades and environmental degradation, such as greenhouse gas emissions elsewhere that eventually end up on Canada's and everybody else's doorstep.
Ask Texans how they felt when they were without power during the coldest winter in 50 years (a few years back).

If they were still on the Western grid, the downtime would have been minimal.

Quebec has done a very good job protecting their grid with multiple redundancies to protect their main export.
 

80watts

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Back in the 1920s most large cities in the US had electrical tram-ways/buses/trains.
https://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy
This is why public transportation in most large cities is really fucked up. Nowadays it cost too much to buy land to put a Transport line/hub in without costing millions of dollars.
The best renewal thing was hemp in the early 20/30s. https://druglibrary.org/schaffer/library/hemp_conspiracy.htm In WW2 the government had to give special permission to grow hemp to have ship lines for its large fleet of warships. Today the rage of the ocean is straws, but the real cause is https://oceanservice.noaa.gov/hazards/marinedebris/plastics-in-the-ocean.html you guessed it plastic/nylon fishing nets and lines. People need to take a look at more renewable objects to do everyday business practices.

There were electric cars before the ICE cars, but oil/gas was more convenient. Technology has improved for electric and for electric storage. But again there is the dependance on oil/gas. Yes gas is convenient, but it puts out CO2- a global warming gas. Look at place like LA, Tokyo, Mexico City, with its smog problems caused by industry and gas burning cars. What the rich are finding is that they can no longer move away to a nicer area on earth and still expect clean air, because they have interest in oil companies/coal companies/mining companies, which make more profit by not following environmental laws. (it a fact most American corporations moved manufacturing overseas, not because of cheap labour, but less restrictions on environmental laws, which were becoming more stricter in the US due to the amount of pollution on land and waterways)

The problem right now is there is no alternate form of transportation other than gas for long distance trips, or even short trips in city. Parking costs an arm and leg for cars and transport system like Vancouver's skytrain is limited to where it goes and how far out it goes. (At least to Abbottford and Chilliwack to North Vancouver). In Victoria there should be a transit system of trains from Duncan/Naniamo to downtown Victoria up to the Ferries. Grey hound worked in the 70s, when most people did not have private cars, now there is 2to 4 per family. hence the failure of greyhound across Canada (plus air travel was cheap).

But now the public is in need of high speed transport for major population centers and between all major Canadian cities. Believe it or not, the Canadian population will rise and the public will need rapid transportation systems. It all has to be thought out and combined to give the public the best overall bang for the buck...

That is going to cost trillions.
The big problem with renewables is the "have" people who are invested in old technology (which produces pollution). Its about controlling people through grid networks and their access to sell excess power back to the provinces hydro/power generators. Someone proposes a wind farm, and local people go batshit nuts and shut it down, because of noise levels/bird kill/not in my backyard syndrome.

Its at the level of "drying lines in backyards" ; not allowed because it lowers the value of my house (bunch of fucken whiners). This is the most energy efficient way to dry clothes, and they smell better. And its free.

For recycling the local recycling place (which was taken over by another group ) won't take certain recyclables anymore, due to the fact that they can't be shipped to China anymore. Or its not profitable for the company to take it in. So it ends up in the landfill, where it should not.

Most cities in Canada need to overhaul their recycling practices. Manufacturers need to have instruction on how to recycle their products. And its all has to jive with local recycling efforts....
The province must identify items that are not practical to recycle/eliminate them or have a several recycling plants for these items. (I hear megaproject coming on). Corporations must be held accountable for their own pollution, and even jail time for CEO who don't comply.
Unless big money complies, we are all fucked, and not just in the ass....
 
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licks2nite

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No, sorry. Big problem earlier this year in Texas. They had major power cuts that lasted far too long. Mainly because they had no way to bring in power from neighbouring states.
Thanks for the heads up. Won't be lobbying for provincial power grids anytime soon.
 

licks2nite

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Small nuclear reactors fabricated in a factory to exacting standards promising to reduce both costs and duration of construction of nuclear power plants.

In December 2019 Saskatchewan and New Brunswick agreed to work with Ontario in promoting SMRs to "unlock economic potential across Canada, including rural and remote regions" in line with the national SMR Roadmap. In August 2020 Alberta joined in, flagging the potential for SMRs to be used for the province's northern oil sands industry. The agreement is to also address key issues for SMR deployment including technological readiness, regulatory frameworks, economics and financing, nuclear waste management and public and indigenous engagement. In 2021 Alberta’s largest oil sands producers formed an alliance to consider ways to achieve net zero greenhouse gas emissions by 2050, with SMRs being part of the means.

https://www.rolls-royce.com/innovation/small-modular-reactors.aspx#/

https://www.world-nuclear.org/infor...er-reactors/small-nuclear-power-reactors.aspx
 

Deguire

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Small nuclear reactors fabricated in a factory to exacting standards promising to reduce both costs and duration of construction of nuclear power plants.

In December 2019 Saskatchewan and New Brunswick agreed to work with Ontario in promoting SMRs to "unlock economic potential across Canada, including rural and remote regions" in line with the national SMR Roadmap. In August 2020 Alberta joined in, flagging the potential for SMRs to be used for the province's northern oil sands industry. The agreement is to also address key issues for SMR deployment including technological readiness, regulatory frameworks, economics and financing, nuclear waste management and public and indigenous engagement. In 2021 Alberta’s largest oil sands producers formed an alliance to consider ways to achieve net zero greenhouse gas emissions by 2050, with SMRs being part of the means.

https://www.rolls-royce.com/innovation/small-modular-reactors.aspx#/

https://www.world-nuclear.org/infor...er-reactors/small-nuclear-power-reactors.aspx
I think this is the future. There have been nuclear powered aircraft carriers and submarines for years and years so the technology of small reactors is very well established. So why not mini-power stations? I was on one - very large - cruise ship when a passenger asked the captain about nuclear power. He replied: "Sure, no problem. Well established. Would you sail on one?" That was greeted with silence!
 

rlock

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Small nuclear reactors fabricated in a factory to exacting standards promising to reduce both costs and duration of construction of nuclear power plants.

In December 2019 Saskatchewan and New Brunswick agreed to work with Ontario in promoting SMRs to "unlock economic potential across Canada, including rural and remote regions" in line with the national SMR Roadmap. In August 2020 Alberta joined in, flagging the potential for SMRs to be used for the province's northern oil sands industry. The agreement is to also address key issues for SMR deployment including technological readiness, regulatory frameworks, economics and financing, nuclear waste management and public and indigenous engagement. In 2021 Alberta’s largest oil sands producers formed an alliance to consider ways to achieve net zero greenhouse gas emissions by 2050, with SMRs being part of the means.

https://www.rolls-royce.com/innovation/small-modular-reactors.aspx#/

https://www.world-nuclear.org/infor...er-reactors/small-nuclear-power-reactors.aspx

Let's just say I am not convinced that "small" is the way to go. Sounds like a scheme to let it be run by amateurs, on the cheap.

Imagine the kind of clowns that ran the water treatment plant in Walkerton, Ontario, or the Mount Polley mine in BC, getting to run a nuclear reactor. You can't do nuclear half-assed. Not ever.
The #1 concern of nuclear power (other than the waste) is this: people fuck up. How do you design something that can survive the fuck-ups?

As for the oilsands, the reason they want the power is because they burn enormous amounts of natural gas to power their processing into usable fuel. (Which is why their GHG emissions are massive.)
Rather than just not do that "burning fuel to make fuel" / "wasting energy to make energy", they want a lifeline to keep going, called SMR's. OIl companies pretending to be concerned about carbon emissions is mildly hilarious.

Still, AB and SK are two provinces where hydroelectric is not really available, so nuclear power could do for their main grid - bit if that's the case, why build like a dozen SMR's when you could build one proper-sized power plant to supply both provinces?

It begs the question: If you're producing all that electrical energy with either small or big nuclear reactors, why not just cut out the inefficient carbon middleman and power everything from straight electricity (EV's, electrical home heating, etc.), or if it must be something that burns, use the nuclear-electric energy to produce emissions-free hydrogen?

:unsure:
 

licks2nite

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Makes one wonder what the powers-that-be think they're doing. Quite disappointing that commercial shipping industry still using diesel. Read somewhere commercial shipping today pollutes with more CO2 than all cars in the world. And stretching supply chains all the way across the Pacific Ocean. But I digress.
 

rlock

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Makes one wonder what the powers-that-be think they're doing. Quite disappointing that commercial shipping industry still using diesel. Read somewhere commercial shipping today pollutes with more CO2 than all cars in the world. And stretching supply chains all the way across the Pacific Ocean. But I digress.

The shipping industry still mostly uses bunker fuel, which is so dirty it makes diesel look clean. But yeah, shipping produces a lot of emissions - almost all run on bunker fuel and diesel so it's not just GHG but particulates and sulfur pollution too.
 
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80watts

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If nuclear plants come online back in Canada, the Canadian Nuclear Saftey Commission will ensure standards. For Power Engineers (provincial authority), does a decent job for boilers/hydro dams etc. Standards have to be maintained, or people get fired.
Nuclear engergy in places that don't have hydro would be great.
The problem with our world is that everybody is so invested in old technology (and they make money from it, cause it set up that way).
New stuff like solar and wind are hard to get on the grid, especially for equal pay back (one for one basis), that many people won't bother with the increase in start up for a new house. Also, how expandable is you house gonna be? Will you get enough solar to support a family of electric cars for when the kids grow up? Most people are not thinking that far into the future. Renewable energy (new builds) should be able to get loans at under prime locked in for 20 years. Small price for the banks to pay for future needs of the country.
Canada has got to get off its ass and support future investment in Canadians and Canadian projects(for future energy efficiency). Knock off the the 1% that are blocking the forward thinking people (usually younger people), and enable them to help get future projects off the ground...
The status quo is slowly killing the world. Best case scenario, imagine yourself getting a lung full of" fresh air" from an automobile burning gas... We have probally reached world peak production (its just the companies and OPEC) haven't told us yet. This is another reason why oil prices will only get higher.
So we need future energy that cost less and dosn't put out CO2.
For cars we now use batteries. IN the future it could be hydrogen (alot of investment needed for infrastructure for making, pumping/transport and pumps).

A question people should be asking is why Elon Musk seems to be so successful with his electric cars and batteries. He went ahead and did it. He got like minded people who want to succeed working for him. Opposed is the grand alliance of autos- Ford, GM, Dodge, and Japan, Korean who don't like people rocking their boat, and suppress ideas cause it would impose on profits. You guessed it, keep burning gas and coal for maximum profit.... meanwhile the rich will no longer breath easily because their is no where else in the world to move to for clean fresh air....

Look at the Trump presidency, for 4 year the world went backwards, because its leader the US wouldn't support any unilateral movement (other countries) that was against Trumps needs or investment portfolio.

Look at Canada, the fishing industry is fucked, the forestry industry is fucked too. Mining? Any new technologies will require energy in vast amounts to compete in the world enconomy... We are so fucking far behind, and people are busted up because they don't want a covid shot... If you want high paying jobs, its in the resource sectors. Manufacturing is limited in Canada because of expensive supply and labour, and we can't compete on the world economy at all, unless it is in raw resources, which dosen't bring jobs to Canadian, but only makes the 1% richer.

Bend over and kiss your future good-bye.....
 
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