What comes next after oil?
Alberta needs to get on track diversifying from oil and gas. Mining? Manufacturing? More agriculture and farms? Solar? Windmills? Anyone have a good idea?
A bonus, really, it that we're close to the US border. That should help keep some transportation costs down
Egypt in talks to export excess renewable energy to Europe, African neighbors
Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in a bid to become a regional export hub, the head of its sovereign wealth fund said.
The nation, which has a surplus of electricity, sees unspecified “power-hungry” countries to the north as possible customers, according to Chief Executive Officer Ayman Soliman. Egypt could supply Europe via a planned sub-sea cable to Cyprus and Greece.
“We are in talks with European infrastructure investors, advisers and energy traders to assess the viability and appetite,” Soliman said in an interview in Cairo. The transmission line “will position Egypt as a long-term renewable supply hub for Europe.”
Alberta should be doing this!! We could be selling energy to Montana, Saskatchewan, Utah and maybe even British Columbia, although I hear they are getting a cheap deal from the United States. Unfortuneately, the premier of Alberta feels that renewable energy is a new ideology that doesn't have any value.