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Direct Energy owns and operates approximately 4,600 natural gas wells in Alberta, most recently acquiring natural gas assets from Suncor Energy and Shell Canada. [ 10 ] The company’s new strategy calls for increased investment in North America, specifically to grow its upstream asset cover to 35-40%; it also plans to grow its downstream ...
The Alberta Energy Regulator (AER) is a quasi-judicial, independent agency regulating the development of energy resources in Alberta. Headquartered in Calgary, Alberta, the AER's mandate under the Responsible Energy Development Act (REDA) is "to provide for the efficient, safe, orderly and environmentally responsible development of energy resources and mineral resources in Alberta.” [1]
ATCO - based in Edmonton, Alberta [1] AltaGas - based in Calgary, Alberta; Anderson; Canadian Natural Resources - based in Calgary; Dejour Energy - based in British Columbia; Direct Energy - formerly based in Toronto and now based in Houston, Texas; Enbridge - based in Calgary: acquired Consumers' Gas Company from British Gas
The agency was established on August 28, 2019, under the provision of the Canadian Energy Regulator Act. The CER superseded the National Energy Board from which it took over regulatory responsibilities. [5] [6] [7] In August 2020, Gitane De Silva was appointed as CEO of the Canada Energy Regulator. [8]
Alberta's first energy regulatory body was created in 1938. A succession of agencies led to the new ERCB being established 1 January 2008, as a result of the realignment of the Alberta Energy and Utilities Board (EUB) into the ERCB and the Alberta Utilities Commission. The ERCB also includes the Alberta Geological Survey.
[24] [a] As part of the restructuring the Energy Utilities Board no longer regulated wholesale electricity prices and customers could choose their electricity retailer. The EUA stipulated all electric energy bought and sold in Alberta had to be exchanged through the Power Pool which "served as an independent, central, open access pool."
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Alberta Energy Regulator Hearing Commission Regulatory/Adjudicative Responsible for reviewing all energy development applications related to oil, bitumen, natural gas, deep geothermal, and coal; responsible for conducting inspections, penalizing companies, and holding hearings on controversial and environmentally destructive projects.