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Canada Natural Gas Security Policy
Country Energy Security Policy - Natural Gas Natural gas overview Canada’s policy for emergency gas response, similar to that for oil, reflects its role as a major producer and net exporter, with vast volumes of gas supplies in a well-integrated market with extensive pipeline networks both within Canada and across the border with the United States. In this context, Canada’s gas emergency policy is generally geared towards short-term regional or local disruptions rather than a more widespread or long-lasting supply outage. The gas industry itself has the primary responsibility for ensuring security of supply and responding…
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Canada Oil Security Policy
…crude oil production has grown faster than pipeline capacity. Between 2013 and 2016, about 1 mb/d of nameplate pipeline capacity was added in Canada. No incremental nameplate capacity has since been added while several expansion projects were terminated. In addition to the termination of the Keystone XL project in 2021, the Energy East project was cancelled by the proponent in 2017 and the Northern Gateway project was dismissed by the government in 2016. However, in 2019, the federal government approved the Trans Mountain Expansion project, a twinning of the existing 1150 km Trans Mountain Pipeline between Edmonton, AB and Burnaby…
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Canada Electricity Security Policy
Country Energy Security Policy - Electricity Electricity overview and generation portfolio Most of Canada’s electricity systems are part of the integrated North American market, with 98% of Canadians connected to the continent’s bulk power system. Electricity is regularly traded in both directions between Canada and the United States (‘US’ hereafter) (with Canada a net exporter to the US overall). This robust interconnectivity with 37 north-south cross-border transmission lines adds to the east-west tie lines across provincial borders, and allows for a high degree of reliability and resilience to seasonal or unplanned changes in supply and demand…
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Canada’s legislation on oil security
…the country does not currently impose stockholding obligations on energy importers and does not have a Central Stockholding Entity (CSE). Instead, Canada’s ESEA created the Energy Supplies Allocation Board (ESAB) which prepares for emergencies and implements Canada’s oil supply emergency framework at times of crisis. Relevant domestic legislation Related domestic legislation Other related links Circumstances triggering operation of the emergency response system An oil supply emergency exists when there is an actual or anticipated shortages of oil or disturbances in the oil markets that affect or will affect Canada’s national security and welfare and economic stability (article…
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The Potential of Behavioural Interventions for Optimising Energy Use at Home
…behaviour and encourage investments in structural improvements. This article focuses on the potential for enhancing energy efficiency with policies and programmes designed to educate consumers and encourage them to alter their daily habits – without resorting to large-scale structural improvements. This focus is motivated by the observation that interventions aimed at promoting behavioural change are often cheaper to implement relative to policies that seek to encourage investment. Such measures also tend to be relatively quick to design and implement. What are behavioural interventions and how can behavioural insights enhance the impact of energy efficiency policy? Behavioural interventions are policies and…
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Fuel economy in Canada
…which is higher than all other major LDV markets. At almost 21% above the global average, high fuel consumption levels in Canada reflect a growing share of SUVs/pick-up trucks. Notably, the sales share of SUV/pick-up trucks has grown from 33% of new LDVs in 2005 to 67% in 2019, which is the highest among major LDV markets and nearly one quarter above the global average. At the same time, the average weight of new LDVs has grown considerably, reaching 1 757 kg in 2019, almost 20% above the global average.Fuel consumption decreased on average by…
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Oil Market Report - December 2017
…countries. Highlights Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria, Germany and Iraq. The baseline for oil demand has been raised by roughly 0.2 mb/d.Global oil supply rose 0.2 mb/d in November to 97.8 mb/d, the highest in a year, on the back of rising US production. Output was nonetheless down 1.1 mb/d on a year ago when Russia and Middle East OPEC producers pumped at record rates. Non…
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Oil Market Report - June 2023
…exports, while shipments to Africa, the Middle East and Latin America made up another 12%. Estimated export revenues fell by $1.4 bn to $13.3 bn, down 36% on a year ago, with average crude prices easing from $60/bbl in April to $55/bbl in May.Global refinery throughputs are forecast to increase by 1.8 mb/d in 2023 and 1 mb/d next year when it averages 83.4 mb/d. A further decline in OECD crude runs next year is more than offset by the 1.3 mb/d increase in non-OECD activity. New…
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Oil Market Report - December 2018
…in the US, Middle East and China. Lower crude prices helped margins, although the gasoline-focused US Gulf Coast lagged behind.OECD commercial stocks rose in October for the fourth consecutive month, by 5.7 mb, to 2 872 mb. They were above the five-year average for the first time since March. NGL and feedstock inventories hit a historic high whereas fuel oil stocks fell to a record low.Having fallen by 30% since early October, oil prices stabilised with ICE Brent close to $60/bbl and NYMEX WTI at $52/bbl. Weak demand weighed on gasoline and naphtha markets. Freight rates…
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Oil Market Report - November 2017
…$1-2/bbl in October versus September and pushed higher in early November, buoyed by tensions in the Middle East. Oil product markets weakened relative to crude following the return of US refineries to higher throughput levels.For 4Q17, our refining throughput forecast is revised marginally lower to 80.8 mb/d, but refined product inventories are forecast to build as demand seasonally slows down. Relatively robust refining activity level continues into January and February 2018, with runs forecast to grow 1.1 mb/d y-o-y.Our analysis of global oil balances implies oversupplied crude oil markets in 4Q17 and 1Q18…