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Old 10-28-2020, 04:42 PM   #165
RichieRich
First Line Centre
 
Join Date: Dec 2017
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Quote:
Originally Posted by burn_this_city View Post
All major owners in the oilsands operate their own Cogeneration assets.

same for mid-stream. I've worked for both and can say that many of them have created internal specialist teams devoted to analyzing the BUSINESS MODELs of inside-the-fence Cogen/Power, selling to the grid, or a combination. This helps them address power needs, power security, steam as energy for other turbines, heat trace, etc... A huge challenge has been the rapidly changing regulations of AESO. For example... refusing to freeze specifications and then making a major change weeks before a big expensive Power facility was being commissioned thus resulting in said facility sitting dormant for many many months.

So the point of this is to also suggest you don't think of all oil/gas/energy producers as simple one-trick ponies now. Many of them have already diversified, are looking for additional opportunities, and devoting a lot of resources to doing this in a sustainable changing competitive business environment. Gotta remember, much of the existing wind and solar is in place because of subsidies... the O&G people need the technology to be viable without subsidy... and to have a reasonable ROI and payoff period.
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