The Trilemma

In this episode of The Trilemma, we dive into the Alberta Energy Regulator’s (AER) latest updates to its licensing framework and what they mean for the full lifecycle of energy assets and projects. Host Nicole Ronsky is joined by Sproule’s Asset Management experts—Rich Wade, a veteran in Canadian operations and regulatory compliance, and Shila Berteig, a leader in asset optimization and acquisitions. Together, they break down key elements of AER’s Manual 23, with a focus on license transfers and the broader implications for Alberta’s energy future. Tune in for expert insights on this evolving regulatory landscape. To navigate these regulatory complexities, download our Manual 23 Updates for a detailed breakdown of the key updates and their implications. Visit our website [https://sproule.com/about-us/sproule-news/manual-23-updates/]to access the full document.

Transition risk is the elephant in the room; it is large, complex, and ever-looming. In this episode of The Trilemma, host Nicole Ronsky welcomes energy strategy expert Tijs Beek to discuss the concept of transition risk and its profound impact on industries, economies, and our planet's future. With two decades of experience navigating complex energy systems and sustainable energy planning, Tijs shares his insights into navigating the challenges and opportunities of an evolving energy landscape. Together, they unpack the concepts of transition risk, industry constraints, and embracing sustainable practices and new energy sources in an ever-changing world. This episode offers insightful perspectives on managing risk during transformative times—tune in for expert advice on navigating the challenges and opportunities ahead.

In this episode of The Trilemma, host Nicole Ronsky sits down with energy insights expert Tijs Beek to explore how scenario modelling can help energy professionals navigate uncertainty with confidence. Together, they break down strategies for preparing for multiple futures, understanding critical uncertainties, and building flexible decision frameworks that adapt to a fast-changing energy landscape.  Whether you're dealing with the energy transition, sustainability goals, or long-term investments, this episode provides actionable insights for planning your path forward in the evolving energy world.

From being captured and stored deep underground to having its own price in markets, carbon management has become a central focus in the fight against climate change. In this episode of The Trilemma, we explore the rapidly evolving landscape of carbon management and Carbon Capture, Utilization, and Storage (CCUS). Richard Hares, Principal and Head of Carbon Management and energy experts Tunbosun Afolayan, and Jason Eleson, discuss critical topics shaping the global energy transition. They dive into regional decarbonization strategies across Canada, Europe, and the U.S., exploring the future of carbon markets, comparing compliance and voluntary systems, and the impact of regional policies like the EU's Carbon Border Adjustment Mechanism (CBAM) and Canada’s Output-Based Pricing System (OBPS).  Additionally, the trio analyzes investment trends in energy transition technologies, with a focus on CCS, hydrogen, and renewable energy, and discusses groundbreaking technological innovations that are driving progress toward a low-carbon future.  Tune in for an insightful discussion on the strategies, challenges, and opportunities in the global carbon management landscape.

From harnessing the Earth’s heat to provide power and heat for food production, homes and industries powering homes and industries, geothermal energy presents a compelling solution for reliable, affordable, and sustainable energy. This episode, hosted by Nicole Ronsky, features Sproule’s Managing Director of Geothermal, Floris Veeger.  In this episode, we discuss the reliability of geothermal energy as a constant baseload energy source, its environmental benefits, and the success factors that enhance its sustainability. Additionally, we delve into the commercial opportunities in the geothermal sector and the role of the oil and gas industry in reducing costs and accelerating deployment. Join us for insights into how geothermal energy can reshape our energy landscape and contribute to a cleaner, more resilient future.