Last year, SaskEnergy secured 20 million gigajoules of natural gas supply, as well as 18 million gigajoules in storage. Increased demand from Saskatchewan homes and businesses due to the abnormally cold weather required an additional eight million gigajoules of gas to be purchased, enough to heat 100,000 more homes the entire winter. As a result, the corporation’s gas cost variance account (which represents the difference between the cost of natural gas purchased by SaskEnergy and the price it charges its customers) exceeded $20 million, which helped to trigger the rate application.
As propane first felt back in December and natural gas also did in April (May?) 1st. Prices went up. Cool fall added to drying costs and availability of propane to farmers first then us customers.
You can build a bigbutt shed ‘out back’ to store coal for those cold and lonely winters power producing nights… can’t really do that with gas tho’.
Ahhhhhhhh Earth Hour. Ok for an hour, but like France, a nice place to visit but I wouldn’t wanna’ live there.
“Increased demand…due to the abnormally cold weather required an additional eight million gigajoules of gas to be purchased, enough to heat 100,000 more homes the entire winter. As a result, the corporation’s gas cost variance account…exceeded $20 million, which helped to trigger the rate application.”
Let me finish that paragraph for ya…
But the single biggest aggravating factor contributing to the price increase was the National Energy Board’s decision, in the fall of 2013, to release gas reserves to the United States, This was based on Environment Canada’s prediction that we were in for a “milder than normal” winter.
You mean some one actually believes Environment Canada’s
predictions?
Apparently SaskEnergy also needs more storage capacity. Saskatchewan is growing but, as far as I know, the number of caverns have not been increased. More gas is also used for baseload electricity generation, peak load plants and as a backup for wind. The need to increase prices to balance the accounts is justified but for long-term planning they need to fix the other issue. Who knows, there could be a string of long, cold winters caused by man-made global warming/climate change/climate chaos/climate disruption.
I think SaskEnergy is one of the few crowns that hasn’t gone deep green. SaskPower management OTOH…
Why burn gas for electricity, when coal is so much more stable in price? A switch to coal would leave more gas for residential use, and lower prices.
hudak is right …burn the witch.
kill all the subsidies.
LC Bennett “Who knows, there could be a string of long, cold winters” and if you had stopped there you would not look
foolish.
Perhaps if you recognized sarcasm then neither would you. It’s not like I haven’t posted a hundred anti-alarmist, CAGW skeptic posts over the years.
Yeah well, I was able to deploy my motorcycle all winter the previous two…..but last fall I put the bike in storage and lagered up in central heating etc…..
No rocket science or supernatural prophesy…..I just figured we were due….and the PDO(Nino/La Nina) was shifting….
Now if I figured it out, what are we keeping these goofs around for?
The best sarcasm is when you have to stop and ask yourself, “is this sarcasm”?
and, The People’s Cube attempts to sew a silk purse from the pig skin of climate chaos:
http://www.thepeoplescube.com/peoples-blog/shortage-of-frightening-new-euphemisms-latest-climate-crisis-t13985.html
😉
There was a time when I thought I had global warming figured out. Oh how naive I was. I get it: it’s an issue… or is it? Even top-notch debate panels (my favourite http://www.pressreader.com/profile/Spotlight/bookmarks/global_warming) seem to have as many opinions as members. It’s fascinating to follow but discouraging in that you realize just how difficult it is to get to any measurable truth. Now throwing politics in with the mix is intellectual suicide. *throws up table and leaves*