"Alberta's Dead Pipeline Walking
Asia's push for energy sovereignty is about to gut Alberta Premier Danielle Smith's pipeline ambitions, and PM Mark Carney's apparent interest in enabling them..
China’s industrial strategy suggest the country at the centre of Canada’s “Asian demand” thesis is pursuing one of the world’s most aggressive state-led oil-substitution programs..
Until recently, energy security meant securing a reliable supply of oil at a reasonable price. That definition is now changing. Across Asia, governments are increasingly pursuing a different goal: energy sovereignty.
Energy sovereignty means buying electric technologies like solar panels, wind turbines, batteries, EVs, nuclear reactors, and transmission infrastructure, then generating more energy domestically for decades. The upside is reliable, affordable energy without excessive dependence on foreign suppliers, volatile global markets, or vulnerable shipping routes..
Asia is leading this shift.The global oil shock triggered by the closure of the Strait of Hormuz is accelerating it. That sound you hear is the death knell for a new pipeline from Alberta to the West Coast."
Unsure look at Spain
Spain just became one of Europe's cheapest power markets. Here is how.
How wind and solar quietly pushed gas off the margin, and the wholesale price followed.Jan Rosenow (Bright Spots)
