Peter and Jackie start the year by reviewing the extreme cold in Alberta that caused a spike in electricity demand, resulting in the Alberta Electricity System Operator (AESO) issuing four grid alerts between January 12th and 15th. The electricity supply-demand balance was the tightest on Saturday evening (January 13th), causing the Alberta Government to issue an emergency alert to people's mobile phones. About 200 MW of demand fell off the system within minutes of issuing the notice.

Peter and Jackie also discuss other storms brewing on the horizon and introduce the 2024 energy themes to watch along with some predictions. Here are the energy-related topics they will be closely following:

The US Election
Canadian Politics and Energy Policy
Interest Rates
Military Conflicts and the Risk of Oil Supply Outages
Oil and Gas Markets
Climate Change Policy
Nuclear Power
Electric Vehicle Adoption
Artificial Intelligence (AI) and Energy
Clean Energy Investing
Oil and Gas Mergers and Acquisitions

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Weathering the Storm: Alberta’s Grid Alerts and 2024 Energy Themes