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STUDY - UTILITY SECTOR
CANADA - POWER GENERATION
- MAY 14, 2017
PAUL YOUNG CPA, CGA
MAY 14, 2017
PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
POWER GENERATION/UTILITY SECTOR – KEY AREAS
Source - Stats Canada
CANADA POWER GENERATION BY SOURCE
• Source - http://www.iea.org
Source – National Energy Board
• Source - http://www.rcinet.ca/en/2017/05/02/hydro-power-leads-canadas-renewable-energy-generation/
Canada generates a larger share of its electricity from renewable sources than most
other developed economies in the world, primarily due to its hydro production,
according to a new report released by the National Energy Board.
Photo Credit: PC / Darren Calabrese
DAVID SUZUKI FOUNDATION / CLIMATE CHANGE
GURU
• http://www.davidsuzuki.org/blogs/science-matters/2016/07/the-future-of-hydro-in-a-warming-world/
Hydropower will remain part of the clean-energy equation, but
we need to find the least disruptive, most efficient methods.
Scientist Peter Gleick, president and cofounder of California's
Pacific Institute, says the key to supplying energy to growing
populations in a warming world will be to use a diversity of
power sources. "We need to design our energy systems to be
resilient in the face of growing uncertainty about technology and
climate and national security and all of the factors that affect
energy," Gleick told online magazine Slate.
HYDRO POWER TRULY GREEN?
Source - http://www.startribune.com/is-hydropower-green-not-really/348068391/
Far from it, as more and more are coming to realize.
Hydropower relies on dams that impound water and create vertical pressure to
spin turbines. Dams and reservoirs have profound environmental effects that
are coming under intense scrutiny, with one prominent national group,
American Rivers, pushing hard — and successfully — for dam removal.
“Nothing alters a river as totally as a dam,” writes author and river advocate
Patrick McCully.
Minnesota native Denny Caneff at the Wisconsin River Alliance in Madison
adds that the relatively small amount of power generated from hydro is
“disproportionate [to] the environmental harm that it causes.”
A dam, in essence, is a curtain of concrete that severs a river. The reservoir it
creates is wholly unlike the river it replaces, and the change is certainly not for
the better.

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Study: Utility Sector - Canada - Power Generation - May 14, 2017

  • 1. STUDY - UTILITY SECTOR CANADA - POWER GENERATION - MAY 14, 2017 PAUL YOUNG CPA, CGA MAY 14, 2017
  • 2. PAUL YOUNG - BIO • CPA, CGA • Financial Solutions • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. POWER GENERATION/UTILITY SECTOR – KEY AREAS Source - Stats Canada
  • 4. CANADA POWER GENERATION BY SOURCE • Source - http://www.iea.org
  • 5. Source – National Energy Board
  • 6. • Source - http://www.rcinet.ca/en/2017/05/02/hydro-power-leads-canadas-renewable-energy-generation/ Canada generates a larger share of its electricity from renewable sources than most other developed economies in the world, primarily due to its hydro production, according to a new report released by the National Energy Board. Photo Credit: PC / Darren Calabrese
  • 7. DAVID SUZUKI FOUNDATION / CLIMATE CHANGE GURU • http://www.davidsuzuki.org/blogs/science-matters/2016/07/the-future-of-hydro-in-a-warming-world/ Hydropower will remain part of the clean-energy equation, but we need to find the least disruptive, most efficient methods. Scientist Peter Gleick, president and cofounder of California's Pacific Institute, says the key to supplying energy to growing populations in a warming world will be to use a diversity of power sources. "We need to design our energy systems to be resilient in the face of growing uncertainty about technology and climate and national security and all of the factors that affect energy," Gleick told online magazine Slate.
  • 8. HYDRO POWER TRULY GREEN? Source - http://www.startribune.com/is-hydropower-green-not-really/348068391/ Far from it, as more and more are coming to realize. Hydropower relies on dams that impound water and create vertical pressure to spin turbines. Dams and reservoirs have profound environmental effects that are coming under intense scrutiny, with one prominent national group, American Rivers, pushing hard — and successfully — for dam removal. “Nothing alters a river as totally as a dam,” writes author and river advocate Patrick McCully. Minnesota native Denny Caneff at the Wisconsin River Alliance in Madison adds that the relatively small amount of power generated from hydro is “disproportionate [to] the environmental harm that it causes.” A dam, in essence, is a curtain of concrete that severs a river. The reservoir it creates is wholly unlike the river it replaces, and the change is certainly not for the better.