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Greengate Power Corporation
Greengate Power Corporation (Greengate) is a Canadian energy company focused on renewable energy in Alberta. Greengate's focus in the past was in large, utility scale wind projects and has recently developed solar projects. Summary of activity Greengate's first project, the 150 megawatt (MW) Halkirk I Wind Project, was completed in 2012. It was central Alberta's first wind project, first wind project approved by the Alberta Utilities Commission (AUC) and, at the time of construction, the province's largest wind project, located in the County of Paintearth, east of Stettler. It supplies enough electricity to power approximately 50,000 homes. Unlike most other planned wind energy projects in Alberta, the project connected into Alberta's existing transmission system without any system upgrades while other developers wait for transmission upgrades. The company acquired all of the land needed to build the project, received approval from the Alberta Electric System Operator (AESO) ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Stettler, Alberta
Stettler is a town in east-central Alberta, Canada that is surrounded by the County of Stettler No. 6. The town is nicknamed "The Heart of Alberta". History Stettler was founded in 1905 and was named after Swiss immigrant Carl Stettler, who also founded a settlement east of the town at Blumenau, as well as being influential in the nearby community of Castor. He also served on the first Town Council of Stettler. Geography Climate Stettler experiences a humid continental climate (Köppen climate classification ''Dfb''). Demographics In the 2021 Census of Population conducted by Statistics Canada, the Town of Stettler had a population of 5,695 living in 2,384 of its 2,574 total private dwellings, a change of from its 2016 population of 5,952. With a land area of , it had a population density of in 2021. In the 2016 Census of Population conducted by Statistics Canada, the Town of Stettler recorded a population of 5,952 living in 2,415 of its 2,607 total private dw ...
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Pacific Gas And Electric Company
The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered in the Pacific Gas & Electric Building, in San Francisco, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines. Overseen by the California Public Utilities Commission, PG&E is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $3.242 billion as of January 16, 2019. PG&E was established on October 10, 1905 from the merger and consolidation of predecessor utility companies, and by 1984 was the United States' "largest electric utility business". PG&E is one of six regulated, investor-owned electric utilities (IOUs) in California; the other five are PacifiCorp, Southern California Edison, San Diego Gas & Electric, Bear Valley Electric, and Liberty Utili ...
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Power Purchase Agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counter parties. Contractual terms of a PPA may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financin ...
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California Public Utilities Commission
The California Public Utilities Commission (CPUC or PUC) is a regulatory agency that regulates privately owned public utilities in the state of California, including electric power, telecommunications, natural gas and water companies. In addition, the CPUC regulates common carriers, including household goods movers, passenger transportation companies such as limousine services, and rail crossing safety. The CPUC has headquarters in the Civic Center district of San Francisco, and field offices in Los Angeles and Sacramento. History On April 1, 1878, the California Office of the Commissioner of Transportation was created. During the 19th century, public concerns over the unbridled power of the Southern Pacific Railroad grew to the point that a three-member Railroad Commission was established, primarily to approve transportation prices. However, the Southern Pacific quickly dominated this commission to its advantage, and public outrage re-ignited. As experience with public regula ...
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Enbridge
Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres (17,809 miles) of pipelines. Its 38,300 kilometre (23,800 mile) natural gas pipeline system connects multiple Canadian provinces, several US states, and the Gulf of Mexico. The company was formed by Imperial Oil in 1949 as the Interprovincial Pipe Line Company Limited to transport Alberta oil to refineries. Over time, it has grown through acquisition of other existing pipeline companies and the expansion of their projects. Between 2012 and 2021, Enbridge transported over 32 billion barrels of crude oil. Enbridge has built several renewable energy projects in North America an ...
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EDF EN Canada
EDF may refer to: Organisations * Eclaireurs de France, a French Scouting association * Education for Development Foundation, a Thai charity * Électricité de France, a French energy company ** EDF Energy, their British subsidiary ** EDF Luminus, their Belgian subsidiary * Environmental Defense Fund, a US–based nonprofit environmental advocacy group Military * Estonian Defence Forces * Eritrean Defence Forces * Ethiopian National Defense Force (usually ENDF) * European Defence Fund * Joint Base Elmendorf–Richardson, in Anchorage, Alaska Science and technology * Earliest deadline first scheduling * Empirical distribution function * European Data Format, a medical data format * Expected default frequency Probability of default (PD) is a financial term describing the likelihood of a default over a particular time horizon. It provides an estimate of the likelihood that a borrower will be unable to meet its debt obligations. PD is used in a variet ... * Electric d ...
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Shovel Ready
In politics, a shovel ready construction project (usually larger-scale infrastructure) is where planning and engineering is advanced enough that—with sufficient funding—construction can begin within a very short time. The term was popularized by then-U.S. president-elect Obama in 2008. In 2010, then-U.S. president Obama declared he had come to realize that there is "no such thing as shovel-ready projects." History The term was first used in print in 1995. Writing for ''The Washington Post'', writer Manuel Roig-Franzia sardonically suggested that the phrase did not exist and had never before been used until President Barack Obama used it during an interview with ''Meet the Press'' on 6 December 2008. Obama used the phrase to describe infrastructure projects that were ready to immediately receive stimulus funding of the American Recovery and Reinvestment Act of 2009. Later, other commentators suggested the phrase denoted projects which were able to begin construction within ...
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Alberta Electric System Operator
The Alberta Electric System Operator, (AESO), is the non-profit organization responsible for operating Alberta, Canada's power grid. AESO oversees the planning and operation of the Alberta Interconnected Electric System (AIES) in a "safe, reliable, and economical" manner. It is mandated by provincial legislation to act in the public interest and cannot own any transmission, distribution or generation assets. One of AESO's responsibilities is to manage system load in the case where shortfalls in supply or excessive demand for electricity threaten the integrity of the power grid. In this case AESO can direct power companies to shed load temporarily through measures such as rolling blackouts. In July 2012, six power generators were shut down during a major heat wave that resulted in high demand on the power grid, Edmonton, Calgary, Red Deer and Lethbridge were hit by rolling blackouts. AESO directed utilities to reduce their customer load. AESO's Doug Simpson explained that this had not ...
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County Of Paintearth
The County of Paintearth No. 18 is a municipal district in east central Alberta, Canada. Located in Census Division No. 7, its municipal office is located southeast of the Town of Castor near the intersection of Highway 12 and Highway 36. History Originally incorporated in 1944 as the ''Municipal District of Paintearth No. 334'', it was established as a county in 1962. Demographics In the 2021 Census of Population conducted by Statistics Canada, the County of Paintearth No. 18 had a population of 1,990 living in 648 of its 720 total private dwellings, a change of from its 2016 population of 2,102. With a land area of , it had a population density of in 2021. In the 2016 Census of Population conducted by Statistics Canada, the County of Paintearth No. 18 had a population of 2,102 living in 638 of its 696 total private dwellings, a change from its 2011 population of 2,029. With a land area of , it had a population density of in 2016. Communities and localities ...
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Utilities
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ...
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Alberta Utilities Commission
The Ministry of Energy is a Cabinet-level agency of the government of the Canadian province of Alberta responsible for coordinating policy relating to the development of mineral and energy resources. It is also responsible for assessing and collecting non-renewable resource (NRR) royalties, freehold mineral taxes, rentals, and bonuses. The Alberta Petroleum Marketing Commission, which is fully integrated with the Department of Energy within the ministry, and fully funded by the Crown, accepts delivery of the Crown's royalty share of conventional crude oil and sells it at the current market value. The current ministry was formed in 1986, but ministries with other names dealing with energy resources go back to the Ministry of Lands and Mines in 1930. The Alberta Energy and Utilities Board regulated energy resource development, pipelines, transmission lines, and investor-owned electric, water, and natural gas utilities, as well as certain municipality-owned utilities. It reported to ...
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