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Electricity Analysis and Commentary - March 2022.pptx
The document discusses electricity production and its trends, highlighting Canada’s reliance on clean energy and the growth of renewable sources globally. Key topics include smart grids, the role of technology in energy production, challenges in solar power, and the rising need for cleaner fuel. It emphasizes the urgency of addressing environmental concerns and the implications of energy prices on the global economy.
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Electricity Analysis and Commentary - March 2022.pptx
- 1. Electricity Production – Analysis and Commentary PAULYOUNG CPA CGA JUNE 15, 2022
- 2. Paul Young -Bio • CPA, CGA (1996) • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – Customer Success Management • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Business Process Change • SME – Financial Solutions • SME – Macro/Micro Indicators • SME – Supply Chain Management • SME – Data, AI, Security, and Platform • SME – Internal Controls and Auditing Contact information email: Paul_Young_CGA@hotmail.com LinkedIn: https://www.linkedin.com/in/paul-young-055632b/ SlideShare - https://www.slideshare.net/paulyoungcga Twitter: https://twitter.com/paulyoungcpa Youtube - https://www.youtube.com/user/youngercga1968/videos
- 3. Agenda Canada PowerProduction by Fuel Key Countries / Power Generation Smart Grids Micro Power Plants Top Countries / Clean Energy Technology / Power Generation Green Agenda Plug-in stations Power Rates / Canada Solar Power Sales Forecasting ESG Reporting
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- 5. Power Generation /Key Country – Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics
- 6. Natural Gas Source -https://www.iea.org/reports/monthly-oecd-electricity-statistics or https://markets.businessinsider.com/commodities/natural-gas- price
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- 8. Micro power plants Source- https://www.marketsandmarkets.com/PressReleases/micro-grid- electronics.asp
- 9. Waste to Energy Thefocus should be on the circular economy as part of recycling and zero-waste management. I am floored also why we do not incinerate garbage as part of energy management. Circular Economy - https://www.slideshare.net/paulyoungcga/how-to-best-support-a-circular-economy Waste to Energy - https://greenerideal.com/news/energy/waste-to-energy-technologies/ • Sweden biogas - https://sweden.se/nature/the-swedish- recycling-revolution/ • Top companies (Waste to Energy) - https://www.energystartups.org/top/waste- energy/ • EU and Waste Energy - https://www.statista.com/statistics/1122082/e urope-waste-to-energy-capacity-by-country/ • USA - https://www.eia.gov/energyexplained/biomas s/waste-to-energy.php
- 10. Top Countries / CleanEnergy Top 10 green countries are European - https://www.conserve-energy-future.com/greenest- countries-earth.php Iceland leads the world in terms of clean energy (Wind, Solar, Tidal, and Geothermal) - https://www.clickenergy.com.au/news-blog/12- countries-leading-the-way-in-renewable-energy 50% of the emissions come from China, USA, and India - https://www.ucsusa.org/resources/each-countrys- share-co2-emissions Circular Economy - https://www.slideshare.net/paulyoungcga/how-to- best-support-a-circular-economy
- 11. Plug-in Stations Useof diesel generators - https://thedriven.io/2018/12/14/diesel-charge-evs- remote-locations-greener-than-you-think/ Sizeable infrastructure must be built to support electrical vehicles Source - https://www.slideshare.net/paulyoungcga/plugin-stations-electrical-vehicles-february- 2021 or https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations-adoption- june-2021
- 12. Technology / Power AIand Power Production - https://www.uniper.energy/news/4- benefits-of-ai-in-the-operation-of-power-plants/ AI will reshape energy production - https://www.petroleum- economist.com/articles/low-carbon-energy/energy- transition/2020/ai-will-shape-the-energy-transition IBM and Verizon (5G) - https://newsroom.ibm.com/2020-07-16- IBM-and-Verizon-Business-to-Collaborate-on-5G-and-AI- Solutions-at-the-Enterprise-Edge RPA and Energy Sector - https://www.tcs.com/blogs/measuring- effort-in-robotic-process-automation Analytics / Utilities - https://www.globenewswire.com/news- release/2020/06/22/2051219/0/en/4-3-Billion-Energy-and- Utilities-Analytics-Industry-to-2025-COVID-19-to-Have-a- Significant-Impact-on-the-Sector.html Hydro Quebec line inspection - https://ca.finance.yahoo.com/news/hydro-qu-bec-nucleom-sign- 100000195.html
- 13. Green Agenda Economiesaround the world are very fragile. There is a big movement to push more spending towards the green economy Green https://www.slideshare.net/paulyoungcga/fail- green-agenda-ontario-july-2019 Climate Change - https://www.slideshare.net/paulyoungcga/clean- technology-the-green-economy Clean - https://financialpost.com/technology/liberals- 600-million-cleantech-fund-is-losing-money-and- struggling-to-find-investments Economy - https://www.slideshare.net/paulyoungcga/global- economy-current-state-and-whats-next
- 14. ESG Reporting Blog - Blog– ESG Reporting - Nearly 40% of large companies pose biodiversity threat: Moody's ESG study - My work - https://www.linkedin.com/pulse/blog-esg-reporting-nearly-40-large-companies-pose-threat-paul- young/?published=t Great work by CFO on this article! “Financial regulators will increasingly incorporate biodiversity indicators into reporting requirements, which will likely put increasing pressure on companies to address their impacts on biodiversity,” Moody’s ESG Solutions said. Source – https://www.cfodive.com/news/nearly-40-percent-large-companies-pose-biodiversity-threat-moodys-esg- study/601014/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202021-06- 01%20CFO%20Dive%20%5Bissue:34561%5D&utm_term=CFO%20Dive
- 15. Solar Power Blog –Solar Panels – What is Next? - https://www.linkedin.com/pulse/blog-solar-panels-what-next-paul-young/?published=t - Shortage of raw materials to make solar panels. - Load factors with solar panels. - Natural resources sector needs to be identified as a critical area with the supply chain. Summary The global solar panels market exceeded USD $115 billion in 2019 and is expected to exceed $176 billion by 2027. The global solar panels market exceeded USD $115 billion in 2019 and is expected to exceed $176 billion by 2027. The German government has undertaken initiatives to implement solar power in the country and target having 50% of their energy being derived from renewable sources by 2025. https://www.canadianmanufacturing.com/manufacturing/gblt-corp-announces-relaunching-of-its-solar-energy-division-267817/ Risks Risk 1: Changing Regulations: Losing Net Metering or SRECs. Risk 2: Electric Prices Stagnating, or Worse, Getting Cheaper. Risk 3: Partnering with an Underperforming Installer. Risk 4: Damage to Your Roof. Risk 5: Spending More Money if your Roof Needs Replaced. https://www.paradisesolarenergy.com/blog/the-top-risks-to-owning-a-solar-system or Blog – Silica Production and Solar Panels - https://www.slideshare.net/paulyoungcga/what-is-next-for-the-solar-industry
- 16. Energy Crisis Australia exported3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per month that is rapid increase in coal production. It is unclear in China and Australia would be able to ramp to meet the demand. China is already in a shortage of perhaps 50 million tons per month. If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other Asian countries. This will also make the supply chain problems even worse. Prioritizing heating over electricity means more factory shutdowns. Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get bumped back at the ports for hundreds of coal ships. China having coal production problems is tough because building other sources of electricity and heating will take years. Especially if China wants to get beyond current levels to support 6% per year GDP growth. https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ blogspot%2Fadvancednano+%28nextbigfuture%29 This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-young/
- 17.
- 18. Maximo / Electricity Blog– IBM Maximo with IBM Planning Analytics - https://ibm.box.com/s/ow662tdpto1c1p6d9u2waqxwli40x0la
- 19. ESG Reporting M y bo x f o l d e r - h t t p s : / / i b m . b o x . c o m / s / v m y i t c a c k q e v v m 1 h c x v 7 w k e 6 g u d r p n c e
- 20. Summary More andmore countries are moving to cleaner fuel supply for their electricity needs Cold weather has played havoc with renewable sources like wind and solar - https://www.foxbusiness.com/energy/texas-winter-storm-shows-diverse-energy-supply-needed-ex- energy-secretary More options when it comes to smart grids - https://www.whatissmartenergy.org/energy-blog/3-key- benefits-of-the-smart-grid Tesla makes up the vast majority of electrical vehicles - https://www.cnet.com/roadshow/news/tesla- cars-ev-registrations-us/ Global economy continues to be very fragile - Blog – What is next for the Global Economy – May 2022 https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-may-2022pptx https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-ottawa- seeking-public-input-on-critical-minerals-strategy-amid-urgent/ Canada produced over 82% of its energy from clean sources China continues to own the critical metals market California is encouraging electrical vehicles owners to reduce their vehicle charging Green inflation is here to stay What's really to blame for Midwest energy shortages - Michigan Environmental Council.pdf Canada must overcome hurdles in ‘urgent’ critical minerals push - JWN Energy.pdf China breezes to the lead of offshore wind power race - Nikkei Asia.pdf New Tower in China Brings Us a Step Closer to Space-Based Solar Power.pdf U.S. and partners enter pact to secure critical minerals like lithium Reuters.pdf Energy transition focuses on security, affordability amid high energy prices execs S&P Global Commodity Insights.pdf Why are gas and electricity prices going up Climate Council.pdf China's lead surplus to offset shortages in US and Europe - MINING.COM.pdf Wind Farms Boost Incomes, Home Values in Rural U.S., Study Finds The Energy Mix.pdf Recycling wind turbines and modular robots The winners of the Circular Economy Challenge..pdf How cold weather could affect EV range and charging performance Business Motoring.pdf How clean energy is impacting Illinois amid warnings of brownouts CIProud.com.pdf Blog – What is next for the Power Generation Sector – March 2022 1. Wind - https://asia.nikkei.com/Business/Energy/China-breezes-to-the-lead-of-offshore-wind- power-race 2. Solar - https://gizmodo.com/space-based-solar-power-omega-china-1849058366 3. Critical metals - https://www.reuters.com/markets/commodities/us-partners-enter-pact- secure-critical-minerals-lithium-2022-06-14/ 4. Energy prices - https://www.spglobal.com/commodityinsights/en/market-insights/latest- news/energy-transition/061422-energy-transition-focuses-on-security-affordability-amid-high- energy-prices-execs or https://www.climatecouncil.org.au/resources/explained-gas-electricity- prices-going-up/ 5. China - https://www.mining.com/web/chinas-lead-surplus-to-offset-shortages-in-us-and- europe/ 6. Rural - https://www.theenergymix.com/2022/06/09/wind-farms-boost-incomes-home-values- in-rural-u-s-study-finds/ 7. Recycling - https://www.wevolver.com/article/recycling-wind-turbines-and-modular-robots-the- winners-of-the-circular-economy-challenge 8. Plug-in stations - https://businessmotoring.co.uk/how-cold-weather-could-affect-ev-range-and- charging-performance/ 9. Brownouts - https://www.centralillinoisproud.com/news/local-news/how-clean-energy-is- impacting-illinois-amid-warnings-of-brownouts/ or https://www.environmentalcouncil.org/whats_really_to_blame_for_midwest_energy_shortage s 10. Canada - https://www.jwnenergy.com/article/2022/6/14/canada-must-overcome-hurdles-in- urgent-critical-mi/