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ARC ENERGY IDEAS

Off Coal: A Conversation with Avik Dey of Capital Power

Jul 9, 2024
Avik Dey, CEO of Capital Power, discusses clean electricity, coal phase-out, SMRs in Alberta, Texas vs. Alberta renewables, AI data center demand, canceled CCS project, investing in new natural gas generation, Quebec's renewable project plans. The podcast explores power generation transitions, energy mix challenges, nuclear energy safety, and comparisons between Texas and Alberta in renewable energy adoption.
42:36

Episode guests

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Quick takeaways

  • Transitioning from coal to diversified energy sources enhances growth and decarbonization efforts.
  • Exploring small modular reactors in partnership with OPG for clean electricity generation in Alberta.

Deep dives

Expansion of CCS Projects in Western Canada

Recent developments in Western Canada have seen an increase in carbon capture and storage (CCS) projects. Shell's decision to proceed with a 650,000 ton per year CCS project in Scotford adds to the significant carbon storage efforts already in place, totaling about 4 million tons annually. Additionally, the construction of two other CCS sites and the role of clean fuel regulations signal growth in the clean energy sector, offering economic benefits and job opportunities across the region.

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