Canada Demands Renewable Energy

The coming years can be harmful to oil and gas reliant provinces if they do not place focus on shifting to alternative industries, according to an article by Conor Curtis. Oil and gas prices are susceptible to fluctuations to begin with, now with all the economics uncertainties in the energy industry, these prices are even more volatile.

In the context of renewables, despite flawed arguments, there are solutions for factors that cannot be controlled. Interconnected grids, diversified renewables, energy storage, and energy efficiency systems are all examples. Global prices and markets for oil and gas cannot be controlled, affecting the industry but also consumers. A report by The Tyee indicates that oil company profits often lead to economic shocks that cost Canadian households significant amounts of money. A small amount of these profits is spent on reinvestment, employment, and wages.

Renewables, on the other hand, can be built on a Canadian supply chain. This leads to greater employment opportunities, makes it easier to localize jobs and benefits, and allows for more stable prices. This improved energy security is the reason why the future of energy should be renewable.

According to a poll by Leger, 65% of Canadians agree that Canada should invest in renewable energy instead of fossil fuels. However, the growth of renewables will require a plan to deploy renewables, connect grids, and implement strong climate policies for energy corporations.

Borrum Energy Solutions strives to contribute to the much-needed growth of renewable energy. The firm designs microgeneration wind turbines and towers that provide an opportunity for rural dwellings to reduce costs on propane/diesel while lowering carbon emissions and dependence on the electrical grid.