2021-04-08 11:55:00
CANADA'S SUSTAINABLE ENERGY INVESTMENT $18 BLN
REUTERS - APRIL 6, 2021 - Canada Pension Plan Investment Board (CPPIB) said on Tuesday it will create a new investment group that focuses on sustainable energy, in a bid to boost its portfolio of renewable energy investments.
Pension and infrastructure funds have been investing more in the renewable energy space, given the steady returns such assets generate, amid a push for tackle climate change.
The new group, Sustainable Energy Group (SEG), will combine Energy & Resources (E&R) and Power & Renewables (P&R) groups and have about $18 billion in assets.
Bruce Hogg, former head of Power & Renewables group, will lead SEG.
In November, Canada's eight biggest pension funds urged companies and their investment partners to report environmental, social and governance (ESG) data in a standardized way to improve corporate sustainability reporting.
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Earlier:
2021, April, 2, 12:20:00
CANADA'S SMR NUCLEAR
Between 2035-2050, SMRs could reduce greenhouse gas emissions by 216 megatonnes (Mt) in the heavy industrial sector. Canadian emissions from this sector are currently about 700 Mt per year.
2021, March, 31, 11:25:00
URANIUM FOR AUSTRALIA, CANADA
Uranium companies in Australia and Canada have announced purchases of physical uranium holdings.
2021, March, 19, 12:35:00
CANADA'S SMR INVESTMENT $45 MLN
According to the study, a 300 MWe grid-scale SMR built in Ontario and operated for 60 years would create direct and related employment including nearly 700 jobs during project development, over 1600 jobs during manufacturing and construction, over 200 jobs during operations, and about 160 jobs during decommissioning.
2021, March, 15, 10:30:00
CANADA'S NET ZERO GOAL
Canada will need to triple its power production levels over the next 30 years to enable the electrification of economic sectors, and this will require the simultaneous development of all available zero-carbon generation technologies simultaneously including large and small nuclear reactors as well as renewables and hydro
2021, February, 18, 12:30:00
SMR NUCLEAR RULES
If you build an SMR in the U.S., for example, you can’t sell it in Canada until Canadian regulators have approved the design. And the same goes for every other nuclear market in the world. Even nuclear insiders recognize that this could be a big issue for SMRs.
