May 17, 2020

Keystone Oil Pipeline: Why There Shouldn't be an XL

energy digital
Keystone oil pipeline
Keystone XL
TransCan
Admin
2 min
TransCanada's safety issues...
TransCanada reopened the 2,100-mile Keystone oil pipeline Monday, which pumps some 590,000 barrels of crude per day from Canada to facilities in the...

 

 

TransCanada reopened the 2,100-mile Keystone oil pipeline Monday, which pumps some 590,000 barrels of crude per day from Canada to facilities in the Midwest. It had been shutdown last week after tests revealed possible safety issues.

According to the company's spokesperson Shawn Howard, there were no leaks, but the system will be operating at less pressure until additional testing is completed. With plentiful supplies across the U.S, the temporary shutdown isn't expected to affect production or gas prices.

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Meanwhile, TransCanada's plans to build the controversial $7 billion Keystone XL pipeline from Canada to refineries in Texas remains delayed, many hope for good. Not only would the proposed pipeline not actually bring any more oil into the US market for decades to come, the majority of the oil that reached refineries in Texas would then be located in free trade zones in the Gulf where supplies could be shipped off to foreign buyers (without paying US taxes).

Oh, and it's also dangerous. The Keystone oil pipeline alone has seen twelve oil spills in North Dakota—the largest of which included about 400 barrels of oil. But despite TransCanada's inability to keep the Keystone oil pipeline from operating without leaking, the company says that if the Keystone XL pipeline were to get the green light, it would be the safest ever built.

I call bulls***.

 

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Apr 16, 2021

Hydrostor receives $4m funding for A-CAES facility in Canada

energystorage
Canada
Netzero
Dominic Ellis
2 min
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction...

Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.

The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction. 

The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.

The project has support from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada.

Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.

The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”

A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth. 

Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."

The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.

Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019. 

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