Power

Energy and Resource Partnerships Strengthens Between Canada and United States

Canada

Canada meets U.S. Secretary of Energy

Firstly, both countries integrated energy systems and natural resource markets that produce billions in cross-border trade and support hundreds of thousands of jobs on both sides of the border.  

Secondly, Jonathan Wilkinson, Minister of Natural Resources, was in Washington, DC, to meet with U.S. Secretary of Energy, Jennifer Granholm. 

Thridly, Russia’s unprovoked and unjustifiable invasion of Ukraine and subsequent sanctions on power and related products altered the global energy landscape. 

Also, Canada condemns recent efforts by Russia to use energy as a tool of influence and coercion. 

Power security

Initially, Jonathan Wilkinson, Minister of Natural Resources, met with Secretary Jennifer Granholm, Senate Committee on Energy and Natural Resources, and White House officials from the National Economic Council 

The purpose of the meeting is to advance global and North American energy security; and to discuss opportunities to accelerate climate action and the transition to net-zero emissions.

They talked about ways to strengthen collaboration on critical minerals, clean hydrogen, nuclear technologies, carbon removal and achieving a clean electricity grid. 

Actions in the next year 

The main action is to strenght the Canada-US Critical Minerals Action Plan. The recent commitments to invest in critical minerals under Canada’s Budget 2022 and the U.S. Infrastructure Investment and Jobs Act, both countries are collaborating on continental critical mineral strategies. 

In addition, the sustainable development of critical minerals is essential to the clean energy deployment commitments; and the long-term power security of U.S.and its allies.

Identifying key locations for cross-border hydrogen hubs and corridors, and developing standards for the carbon intensity of clean hydrogen essential to enabling global trade. 

Also, the governments identified hydrogen as essential for contributing to 2030 climate objectives and the path to net zero by 2050. 

Cooperation on power

Firstly, the Memorandum of Understanding that signed between the U.S. Department of Energy and Natural Resources Canada concerns cooperation on power.  

We recommend: Oil company, W&T Offshore Announces First Quarter 2022 Results.

Also, it includes their commitments to achieve a net-zero emissions electricity grid by 2035.

Moreover, it aims to support carbon removal technology development and deployment; targets cooperation on responsibly managed nuclear power opportunities.

As well as it emphasizes the importance of affordable power particularly for disadvantaged, remote and Indigenous communities.

Canada and the United States share a common border, common interests and common values. We have an opportunity to work actively together to accelerate effective implementation while concurrently building an economy that will provide jobs and economic opportunity for all. I look forward to working with Secretary Granholm to make this happen.

The Honourable Jonathan Wilkinson, Minister of Natural Resources.

The United States and Canada have built a strong international partnership to protect the planet and drive down energy costs, and we are committed to deepening our bilateral energy relationship to build an equitable clean energy future.

Jennifer M. Granholm, Secretary, U.S. Department of Energy.

Finally, Minister Wilkinson and Secretary Granholm discussed global power issues as the countries prepare for the upcoming meeting of G7 Energy Ministers, in Berlin.

Read more.

Related posts

EDP Renewables acquires C2 Omega’s majority interest

editor

Renewables in Latin America receive support from GEAPP and RELAC

editor

CarVal announces $490M final close of CVI Clean Energy Fund

editor