Budget 2025: Saskatchewan impacts: Industrial carbon tax is back on the menu, tax credits for nuclear
Op-Ed: CAPP on Budget 2025: Saskatchewan’s Place in Canada’s Energy Superpower Ambition
In depth with the minister on Saskatchewan First Energy Security Strategy and Supply Plan
Pipeline Online Popcast, Ep. 20: Estella Petersen, on opportunities for First Nations people in the oilpatch
There could be substantial implications for Saskatchewan as Cameco, Brookfield, Westinghouse and the US Department of Energy put together an $80 billion deal to push Westinghouse reactors.
This is one of the most significant announcements in years.
This plan, if followed, will dramatically reshape Saskatchewan. Nuclear may not be cheap or easy, but it is also transformative in many ways. And as many participants and executives during the conference noted these power stations could last up to 100 years, this really is a case of planting trees so one’s grandchildren can play in the shade.
That plan, in its entirety, is reproduced here on Pipeline Online.
That’s just a part of the in-depth coverage of the conference’s events provided by Pipeline Online. Check out, for instance, the opening question Pipeline Online posed during the scrum portion, and then look at the question asked by other media at 44:51, when another reporter asked, “Can you clarify what you mean of nuclear power sources? Does that mean a nuclear power plant in Saskatchewan?”
“Yes, that’s what we’re talking about here,” Harrison responded.
Remember, she was standing there for 45 minutes, listening to over half an hour of press conference and then 10 minutes of questions to then ask if all this meant a nuclear power plant in Saskatchewan?
You might notice me in the middle of the pack, doing a face-palm.
Where would you prefer to get your energy news?
Federal $2B contribution to Ontario nuclear project has major implications for Saskatchewan
Everything energy in the Saskatchewan Speech from the Throne
Energy CEOs send another open letter to Carney, urging “Build Canada Now”. The list of signatories keeps getting longer…
On nuclear:
SIMSA to lead study to strengthen Saskatchewan’s nuclear supply chain
And for the masses:
Roughriders and Co-op partner to deliver “Community Zone” at Mosaic Stadium
Pipeline Online Podcast Ep. 16: Dr. Chris Keefer, nuclear power advocate
Dr. Chris Keefer is a leading nuclear power generation advocate in Ontario and President Canadians for Nuclear Energy. He’s also a Toronto Emergency Room physician. As Saskatchewan is looking seriously at nuclear power, Ontario has long led the way.
Also:
Brian Crossman: Making choices
The reason we use electric lights instead of candles is because they WORK BETTER. They were not mandated or forced upon the public by the government, nor was the sale candles banned. The statement that conservatives oppose technology is ludicrous. It would no different than saying a member of the liberal party was against computers or the internet.
Pipeline Online Podcast: Aleana Young Ep. 15: Would the Sask NDP reverse the coal decision? And what about nuclear?
It was a pretty lively and interesting podcast.
And here’s the minister’s response to this text story: Coal Revival: Would the NDP reverse the coal decision? And why are they now big on nuclear power?
Minister’s comments:
Coal Revival: Harrison says NDP will shut down coal plants immediately if they were to form government.
BREAKING: SaskPower buys land on Rafferty Reservoir for possible nuclear reactors #saskatchewan #nuclear #SMR
Also:
Saskatchewan is rebuildings its coal fleet. Here’s a chance to hear from Crown Investments Corp and SaskPower Minister Jeremy Harrison explain how this came about. It’s the biggest energy decision in 10 years. If you work in the coal industry in take time this weekend to watch/listen.
Remember when Justin Trudeau told the German Chancellor there was “no business case” for #LNG, and instead took him to Newfoundland where they would use wind power generation to create hydrogen? It turns out there may be no business case for hydrogen.
How a strong wind day led to coal exceeding natural gas power generation on June 8. This story ties in wind, coal, enhanced oil recovery, nuclear and natural gas and their relationships to each other.
Carney’s mandate letter to ministers is dramatically different than Trudeau’s, with climate change an afterthought. Trudeau mentioned climate 27 times in his letter to Steven Guilbeault, 20 times to Jonathan Wilkinson. Carney? Once, and almost in passing.
Another major nuclear announcement, this time in Tennessee, which will have impact on SaskPower’s nuclear ambitions.
This week seems to be dominated by power generation pieces. The announcement in Ontario on Thursday has enormous implications for Saskatchewan, as we’re finally getting a price tag on how much four GE Hitachi BWRX-300 reactors cost. The cost is $20.9 billion, equal to the ENTIRE Saskatchewan 2025 budget. And we’re still very early on in the process, so there’s plenty of time for cost overruns. And we would need four, actually five, to replace our existing coal fleet of 1400 megawatts. The question before Saskatchewan will soon be can we afford nuclear? And if not, do we run coal – even perhaps expand it as our power needs grow?
Ontario greenlights four SMRs identical to the model SaskPower has chosen.
Here’s the verbatim Ontario press release:
Ontario Leads the G7 by Building First Small Modular Reactor
Other news about Saskatchewan oil producers from Canadian Press:
Cenovus Energy reports $859M Q1 profit, raises quarterly dividend
Canadian Natural Resources reports Q1 profit up, record quarterly average production
Pembina Pipeline reports higher profits, revenues for first quarter
Weekend Watch: Are we on the brink of a nuclear revival?
This is a really good video showing many sides of the nuclear debate. Wind, solar and batteries are also discussed.
BIG NEWS: Westinghouse in SK, Part 3: Westinghouse signs MOUs with six Saskatchewan companies. When they say modular, they mean modular.
Despite Thursday’s partial tariff reprieve, Saskatchewan still cutting off US alcohol sales and procurement. This story is moving so fast, I had to update it twice before publishing. It might be out of date by Friday morning.
South Bow says tariffs could create challenges in its marketing segment (this is the spin-off company from TC Energy that operates Keystone Pipeline)
ROK Resources releases 2025 budget guidance, CEO discuss possible tariff impacts
Op-Ed: Aleana Young: Prairie Powerbroker: Energy Sovereignty and Economic Security for Saskatchewan.
Note: count how many times coal is mentioned.
Brian Zinchuk: How much might building SMRs cost Saskatchewan Hint: it’s not cheap.
This is a major piece talking about the costs that could be incurred building small modular reactors. Those costs could be unobtainable, which is why coal is back on the table in a big way.
The numbers come from the Tennessee Valley Authority, who already operate three nuclear plants and is the largest utility in the US. They plan on building the same model of reactor.
Also:
Moe proclaims pipeline projects “pre-approved,” Smith joins in.
I’m not sure how a provincial government can pre-approve something it has no regulatory power over.
Scott Moe 2024 in Review: Nuclear, Coal, Wind and Solar Power Generation
Also:
Enbridge’s Weyburn wind project open house, Part 5: Health, setbacks, provincial dollars
(conclusion of series)
In Pipeline Online’s continuing mission to ensure we all know exactly what the federal government is telling us on climate change initiatives, this is the verbatim press release from the Government of Canada issued at 18:10 hrs on Dec. 5. Notably, it was not sent out via provincial media releases nor SaskPower’s media releases. And apparently according to the feds, Jansen is a company, not the place the largest mining company in the world, BHP, is building the world’s largest potash mind. Check that out in the opening paragraph.
(You’d think the natural resources minister, and ministry, might be aware of the largest potash mine in the world being built in their country)
The announcement was made by Minister of Energy and Natural Resources Jonathan Wilkinson. He and Minister of Environment and Climate Change Steven Guilbeault are the federal Liberal government’s lead ministers on their numerous and various climate change initiatives. For good measure, we’ve interspersed a healthy dosage of oil and gas ads, that industry that this government’s Bill C-59 is trying to muzzle.
Highlights include money for a number of solar projects, advancing SMR development, the intertie to the United States, grid-scale batteries, and a “forecast that there will be over 130,000 clean energy jobs added in Saskatchewan between 2025 and 2050.”
Oh, and I am willing to bet a Christmas cheesecake the $265 million number was set so they could say it was more than Harper gave carbon capture in 2008 ($240 million). Never mind 9 years of inflation meaning my kid cries after buying groceries.
And on the topic of Guilbeault, Pipeline Online columnist Jim Warren, knocks another one out of the park talking about his involvement with the green slush fund.
What a Sask Party win means for energy – seeking to hit 600,000 bpd, and eventually 1 million; nuclear power development, critical minerals.
Does this mean drill, baby, drill? For oil, lithium, and helium – to reach these goals, absolutely.
Also:
For the past decade, Quebec’s political parties have been arguing over who hates oil and Western conservatives the most along with which party can claim bragging rights for being the best at extorting benefits from the rest of Canada. Jim Warren hits it out of the park, again.
No big war, prices drop:
Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East
Once you cut gas taxes, you’ll never be able to bring them back. Dumb idea if we want to keep roads.
Ontario government moves to extend 5.7 cent gas tax cut to June 2025