Electricity Analysis - Canada and the OECD - June 2023.pptx

Electricity Analysis - Canada and the OECD - June 2023.pptx

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  Electricity Production – Analysisand Commentary PAUL YOUNG CPA CGA SENIOR CUSTOMER SUCCESS MANAGER, DATA AND BUSINESS STRATEGIST SEPTEMBER 15, 2023
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  Paul Young –Bio Senior Customer Success Manager – Data and AI • CPA, CGA (1996) • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – Customer Success Management • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – ESG and Sustainability Reporting and Policy Development • 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: [email protected] LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
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  Agenda  Canada PowerProduction by Fuel  Key Countries / Power Generation  Smart Grids  Micro Power Plants  Top Countries / Clean Energy  Technology / Power Generation  Power Rates / Canada  Solar Power  Sales Forecasting  ESG Reporting
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  Canada Power Production by Fuel SOURCE - HTTPS://WWW.IEA.ORG/REP ORTS/MONTHLY-OECD- ELECTRICITY-STATISTICS
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  Power Generation /Key Country – Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics
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  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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  Smart Grids Source - https://www.globenewswire.c om/news- release/2020/08/13/2077717 /0/en/Worldwide- Transformer-Monitoring- System-2019-to-2027- Offshore-Wind-Farms- Presents-Opportunities.html
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  Micro power plants Source- https://www.marketsandmarkets.com/PressReleases/micro-grid- electronics.asp
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  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
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  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
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  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
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  Vegetation Management Source -https://www.ibm.com/products/environmental-intelligence-suite/vegetation- management?utm_content=SRCWW&p1=Search&p4=43700072984281975&p5=e&gclid=CjwKCAjw04yjBhApEiwAJcvNoe6JcCtvWckdDiVtb lnq6r2pwbNLoGQtUqoRDDoVgQI2eRFR2xI_fBoCDh4QAvD_BwE&gclsrc=aw.ds
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  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
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  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/
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  Sales Forecasting
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  Maximo / Electricity Blog– IBM Maximo with IBM Planning Analytics - https://ibm.box.com/s/ow662tdpto1c1p6d9u2waqxwli40x0la
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  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
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  Summary  Electricity continuesto move towards greener source of power Blog – Analysis and Commentary – Utility (Electricity and Power Generation) – September 2023 Summary: Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%. Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan. However, even as non-renewables enjoy their time in the sun, their days could be numbered. In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%. The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.” With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%. Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see- them-here-visual-capitalist/ Additional links and sources VPP - Blog – VPP and San Diego Gas and Electric (SEMPRE) - https://www.linkedin.com/posts/paul-young-055632b_flip-side-of-the-microgrid-sdge-deploys- activity-7108150666195320832-yLim?utm_source=share&utm_medium=member_desktop Wind and Solar - https://economics.td.com/domains/economics.td.com/documents/reports/ls/Electrifying_the_Future.p df or https://economics.td.com/ca-interconnection-challenges Non-nuclear reactors - https://www.mitsui.com/mgssi/en/report/detail/__icsFiles/afieldfile/2023/08/24/2307m_okami_e.pdf Thorium - https://www.foronuclear.org/en/updates/in-depth/thorium-a-potential-source-of-energy-for- the-future/