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Big Wind

10/30/2019

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While we wait for the October real estate data to start coming out later this week, BNN yesterday reported on Warren Buffett's plan to invest in a new Alberta Wind Farm. "The Rattlesnake Ridge Wind Project" will be located southwest of Medicine Hat and produce enough energy to supply the equivalent of 79,000 homes. Apparently demand is bankable because an "unnamed large Canadian corporate customer has signed a long-term power purchase agreement for the majority of the Rattlesnake Ridge energy output..." The Government of Canada chart mashup shows Alberta to be the 3rd largest renewable energy supplier via wind energy in Canada, and BNN goes on to report that Buffet's Berkshire Hathaway Energy "...also owns AltaLink, the regulated transmission company which supplies electricity to more than 85 per cent of the Alberta population."

Warren Buffett's firm invests $200M in Alberta wind project
Bill Christensen, V.P. corporate development at BHE Canada, discusses an Alberta wind farm that the company has invested in. BNN Bloomberg OCT 29, 2019

MORE RENEWABLE ENERGY CHARTS AT Natural Resources Canada

AND SOME KEY DATA

Wind and solar energy are the fastest growing sources of electricity in Canada.
In 2017, Canada obtained 17.3% of its energy supply from renewable sources. For comparison, OECD countries, on average, got 10.2% of their energy supply from renewables sources, while the world average was 13.4%.
In 2017, hydro accounted for 67.1% of Canada’s total renewable energy use, followed by solid biomass at 23.1%, wind at 5.3%, ethanol at 1.7%, municipal waste and landfill gas at 1.2%, solar at 0.6%.
The installed capacity of wind power has grown from 444 megawatts in 2004 to 12,817 megawatts in 2018. The amount of annual new capacity peaked in 2014 with 1,891 megawatts. In 2018, 578 megawatts were added.
In 2018, there were 246 wind farms in Canada with at least 1 megawatt of capacity. There are 17 wind farms with at least 150 megawatts. The largest wind farm is Lac Alfred with 300 megawatts.

Neil Young - Four Strong Winds (Live at Farm Aid 1993)

Bubbles Are Not Random

4/1/2015

CLICK IMAGE TO VIEW VIDEO INTERVIEW

BULLET POINTS
Why Vikram Mansharamani is shorting Canada
"BUBBLES ARE NOT RANDOM"

Canadians have extremely higher debt to income ratios than Greeks do.
Canadian housing prices have diverged extremely upward from the U.S. experience without a corresponding correction.
The Canadian economy is at risk from the oil sell off.
Canadian sub-prime loans could be as high as 25% of new loan creation.
Canadian hubris, over confidence and fear: 1) Canada is different, 2) foreign buyers want Canadian real estate, 3) real estate prices will continue to rise (the inflation argument), 4) have to buy now before being priced out.

Wed, April 1, 2015, Frances Horodelski interviews Vikram Mansharamani, author of "BOOMBUSTOLOGY: Spotting Financial Bubbles Before They Burst", and Senior Fellow, Harvard Kennedy School.

WATCH THE 9min VIDEO INTERVIEW WITH VIKRAM

Big Wind

Warren Buffett's firm invests $200M in Alberta wind project
Bill Christensen, V.P. corporate development at BHE Canada, discusses an Alberta wind farm that the company has invested in. BNN Bloomberg OCT 29, 2019

Neil Young - Four Strong Winds (Live at Farm Aid 1993)

Bubbles Are Not Random

BULLET POINTS
Why Vikram Mansharamani is shorting Canada
"BUBBLES ARE NOT RANDOM"

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Big Wind

​Warren Buffett's firm invests $200M in Alberta wind project Bill Christensen, V.P. corporate development at BHE Canada, discusses an Alberta wind farm that the company has invested in. BNN Bloomberg OCT 29, 2019

​Neil Young - Four Strong Winds (Live at Farm Aid 1993) ​

Bubbles Are Not Random

BULLET POINTSWhy Vikram Mansharamani is shorting Canada"BUBBLES ARE NOT RANDOM"

History, Charts & Curated Readings

Archives

Categories

Warren Buffett's firm invests $200M in Alberta wind project
Bill Christensen, V.P. corporate development at BHE Canada, discusses an Alberta wind farm that the company has invested in. BNN Bloomberg OCT 29, 2019

Neil Young - Four Strong Winds (Live at Farm Aid 1993)

BULLET POINTS
Why Vikram Mansharamani is shorting Canada
"BUBBLES ARE NOT RANDOM"