Good morning! Welcome back to Queen Street Analytics' weekly roundup of regulatory developments, legislative discussions, political announcements, and other government-related news concerning power generation and transmission, wind and solar, utilities, midstream companies, batteries and energy storage, LNG, biofuels and nuclear.

Every Monday, we break down the most important updates in this space in under five minutes.

Start Date: 2025-03-30
End Date: 2025-04-05

Top Headlines

Main Stories

Ontario Power Generation Receives Licence for New Nuclear Reactor

The Canadian Nuclear Safety Commission has granted Ontario Power Generation a construction licence for a BWRX-300 reactor at the Darlington New Nuclear Project site. This decision follows extensive public consultations and environmental assessments, ensuring the project's compliance with safety regulations and Indigenous rights. The reactor is expected to contribute significantly to Ontario's energy supply, potentially generating up to 4,800 megawatts of electricity.

Sources: Announcements: www.canada.ca, Announcements: www.canada.ca

Energy Statistics Show Increase in Canadian Production

StatsCan reports a 7.8% year-over-year rise in Canadian primary energy production for January 2025, totaling 2.1 million terajoules. This marks the second-highest level since the series began in 2020, indicating robust growth in the energy sector.

Sources: Open Government Data Set: www.statcan.gc.ca

Sparta Energy Applies for US Electricity Export License

Sparta Energy has filed an application with the Canada Energy Regulator to export 876,000 MWh of electricity annually to the United States for ten years. The regulator seeks feedback from interested parties regarding potential impacts on Canadian provinces and ensuring fair terms for domestic electricity consumers.

Sources: Gazette, Part I: www.gazette.gc.ca

Ontario Doubles Hydrogen Innovation Fund

Ontario boosts its Hydrogen Innovation Fund to $30 million, aiming to enhance clean energy projects and support job creation.

Sources: Provincial Announcement: news.ontario.ca

Alberta Supports Rural Utility Access

Alberta's Budget 2025 allocates $8.5 million for rural utility programs, enhancing access to gas, electricity, and water for remote communities.

Sources: Provincial Announcement: www.alberta.ca

Provincial Announcements

Ontario Welcomes Siemens' $150 Million Investment

Siemens is investing $150 million in a battery production R&D center in Oakville, Ontario, expected to create 90 jobs and enhance the province's EV supply chain.

Sources: Provincial Announcement: news.ontario.ca

Ontario's Action Plan for Ice Storm Recovery

Following an ice storm, Ontario provides emergency support, focusing on restoring electricity and critical infrastructure in affected areas.

Sources: Provincial Announcement: news.ontario.ca

Ontario Advances Small Modular Reactor Project

Ontario's Minister of Energy and Mines, Stephen Lecce, announces the licensing of the Darlington SMR, expected to create 17,000 jobs and contribute $15 billion to GDP.

Sources: Provincial Announcement: news.ontario.ca

Public Officials' Social Media

Dan Albas Advocates for Energy Infrastructure Expansion

MP Dan Albas highlights the need for infrastructure development to diversify Canada's energy exports beyond the US.

Sources: Social Media: x.com

Jasraj Singh Hallan Criticizes Energy Policies

MP Jasraj Singh Hallan argues for scrapping Bill C-69 to boost energy project approvals and reduce US reliance.

Sources: Social Media: x.com

Shannon Stubbs Promotes Energy Corridor

MP Shannon Stubbs supports Pierre Poilievre's National Energy Corridor plan to enhance Canadian energy independence.

Sources: Social Media: x.com

Iqra Khalid Highlights Clean Power Initiatives

MP Iqra Khalid shares efforts to expand clean power and electrify transportation while maintaining affordability.

Sources: Social Media: x.com

Greg McLean Addresses Energy Project Cancellations

MP Greg McLean discusses the impact of past energy project cancellations under Liberal governance.

Sources: Social Media: x.com

What We're Reading This Week

• New Era in Energy Lending: US Banks Reassess Fossil Fuel Investments: US banks reconsider investments in fossil fuels.
• Enphase Energy Assists SunPower Customers with Monitoring and Service Solutions: Enphase Energy supports SunPower with enhanced monitoring solutions.