Experts say oil and gas shouldn’t be threatened by renewables
There is optimism among those in Alberta’s renewable energy sector despite an unstable political landscape and this province’s attachment to oil and gas.
At the Renewable Energy Fair at Red Deer College on Saturday, industry experts were on hand to share how companies can take advantage of the industry’s evolving technology; from electric vehicles to hydrogen-fueled trucks.
Calgary-based Summit Nanotech Corp. is currently working to extract lithium from the Leduc formation, where its CEO Amanda Hall says there are 3.6 million tonnes of the metal, one of the largest deposits in Canada. Though lithium is not itself a renewable resource, it is used in the batteries which store energy for things like electric vehicles and solar panels.
Instead of the ore solely being sent to Chinese battery manufacturers, Hall says Alberta actually has everything needed to begin manufacturing those products here at home, but there’s a snag.