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Anova Energy Anova Energy is a Leading Canadian Energy Cost Management and Brokerage Firm

Wishing you a warm and joyful Thanksgiving weekend! 🍂 It is a wonderful time to slow down, reconnect with loved ones, an...
10/09/2026

Wishing you a warm and joyful Thanksgiving weekend! 🍂 It is a wonderful time to slow down, reconnect with loved ones, and appreciate the moments that matter most.

Happy Thanksgiving from all of us at the Anova Energy team! 🤎

LNG Canada Phase 2 Moves Forward, Doubling Export Capacity.LNG Canada has reached a Final Investment Decision (FID) on i...
09/29/2026

LNG Canada Phase 2 Moves Forward, Doubling Export Capacity.

LNG Canada has reached a Final Investment Decision (FID) on its Phase 2 expansion in Kitimat, B.C., marking another major development for Canada’s sector.

Phase 2 will add two LNG processing trains, doubling the facility’s production capacity from approximately 14 million to 28 million tonnes per year. The expansion will also include additional , a new loading berth and expanded infrastructure.

Supporting that growth, Canada will work with Coastal GasLink to expand the existing 670-km pipeline through the construction of five additional compressor stations.

For natural gas consumers, the development is particularly important.
LNG Canada is supplied with natural gas from the Montney Formation, connecting Western Canadian production with international LNG markets. As export capacity expands, Western Canadian natural gas will become increasingly connected to global demand.

For commercial and buyers, this is a long-term market development worth watching. Greater LNG export capacity could influence Western Canadian supply-demand fundamentals, pricing and forward-market dynamics, particularly as LNG demand grows alongside domestic consumption.

The FID does not mean these impacts will occur immediately, but it reinforces the importance of considering structural demand growth when evaluating longer-term natural procurement strategies.

At Anova Energy, we continue to monitor these developments and their potential implications for Alberta energy buyers.

📊 Stay informed with our monthly Alberta Energy Market Update. Subscribe here: https://anovaenergy.ca/alberta-energy/?li

📩 Contact the Anova team at [email protected] for the fastest response.

The Anova Energy team had the opportunity to participate in the Canderel Group Challenge Pickleball Tournament on Septem...
09/18/2026

The Anova Energy team had the opportunity to participate in the Canderel Group Challenge Pickleball Tournament on September 17, 2026 in support of the Alberta Cancer Foundation.

The event brought together Alberta's business community for a great day of competition, networking, and, most importantly, supporting a meaningful cause.

A big thank you to the Canderel team who put on a great event year after year, our team look forward to competing again next year!

At Anova Energy, we believe that strong communities are built both inside and outside the workplace, and we're honoured to contribute to initiatives that make a lasting impact.

Calgary's proposed increase to its Municipal Franchise Fee (MFF) methodology would materially increase natural gas costs...
09/15/2026

Calgary's proposed increase to its Municipal Franchise Fee (MFF) methodology would materially increase natural gas costs for many commercial and consumers beginning in 2027.

Effective January 1, 2027, the City of Calgary’s MFF will be increasing from $0.35/GJ up to $0.63/GJ, resulting in an 80% increase in franchise fee costs for commercial and industrial consumers.

The change is a reminder that total costs extend well beyond commodity prices.
Delivery and transmission charges, carbon compliance obligations, and municipal franchise fees can represent a meaningful portion of the overall and should be carefully considered when developing budgets and long-term procurement strategies.

At Anova Energy, we help and industrial organizations understand their complete energy cost structure and evaluate procurement opportunities in a changing Alberta market.

📊 Stay informed with our monthly Alberta Energy Market Update. Subscribe here: https://anovaenergy.ca/alberta-energy/

📩 Contact the Anova team at [email protected] for the fastest response.

AESO's August 2026 Long-Term Adequacy Report extends the theme we flagged in May: near-term reliability is holding, and ...
08/05/2026

AESO's August 2026 Long-Term Adequacy Report extends the theme we flagged in May: near-term reliability is holding, and the forward outlook is showing early signs of stabilizing rather than deteriorating further.

Adequate supply does not necessarily mean stable electricity prices.

The report highlights that periods of tighter operating conditions are still expected, particularly during winter peaks and planned generator outages. During these periods, system reliability depends less on total installed capacity and more on operational flexibility from -fired generation, interties, storage, and market response.

The more interesting signal is in the pipeline. Project cancellations continued this quarter, but at a noticeably slower pace than what we saw in May. Attrition hasn't stopped, it's just cooling. Reserve margins are little changed too: healthy near-term, with real upside later this decade if the announced gas fleet actually gets built, and a flatter path if it doesn't. The two mothballed units is counting on as a buffer remain unchanged from May.

One trend worth watching for large consumers: the interconnection queue is increasingly shaped by large gas-fired loads tied to single sites, including campuses, competing for the same capacity and timelines that industrial and commercial users depend on.

Alberta still isn't short today. But the story is shifting from "is there enough supply" to "how much of the pipeline actually gets built, and who gets access to it first."

At Anova Energy, we help large commercial and clients turn signals like these into practical and risk management decisions.

Stay informed with our monthly Alberta Energy Market Update. Subscribe here: https://loom.ly/TpeA8yc

The conversation around   energy is shifting from what companies buy to how environmental claims are supported.Recent up...
07/21/2026

The conversation around energy is shifting from what companies buy to how environmental claims are supported.

Recent updates to environmental accounting, including the Financial Accounting Standards Board's (FASB) guidance issued in May 2026, together with increasing scrutiny of Renewable Energy Certificates ( ) and Scope 2 reporting, are raising expectations for corporate sustainability disclosures.

For Canadian businesses, is becoming more than a cost management exercise. It is increasingly influencing financial reporting, ESG performance, investor expectations, and corporate credibility.
🌱 This direction is further reinforced by continued investment in Canada's transition, including more than $26 million in federal funding announced in July 2026 for clean energy projects across and Saskatchewan.

📊 As reporting standards continue to evolve, organizations may benefit from reassessing their renewable energy strategy, REC portfolio, and Scope 2 reporting approach to ensure they remain aligned with evolving business and regulatory expectations.

At Anova Energy, we work with commercial and organizations to integrate sustainability into their energy procurement strategy, from renewable electricity sourcing backed by RECs, to Scope1-3 inventory reporting.

We support long-term, renewable energy roadmaps that align commercial objectives with evolving reporting standards.

If your organization is conducting , and you would like to connect with one of our ISO certified Carbon Accountants to see how they can assist, please send us a message at [email protected]!

The Alberta Utilities Commission has approved the Greenlight Electricity Centre as a staged development with a total pla...
07/03/2026

The Alberta Utilities Commission has approved the Greenlight Electricity Centre as a staged development with a total planned capacity of up to 1,864 MW, to be built in phases through 2030–2031.

⚡This project reflects a new model for powering large electricity users in Alberta, particularly data centres, where dedicated generation is increasingly becoming the standard to support grid reliability.

Greenlight secured 970 MW of the AESO’s 1,200 MW interim large-load connection limit under Phase I of Alberta’s Large Load Integration Program by pairing its development with dedicated generation that supports grid reliability. The additional 230 MW allocated under the Keephills Data Centre Phase I — bringing total secured capacity to approximately 1,200 MW.

These developments highlight how AI-driven demand and industrial growth are reshaping Alberta’s long-term outlook, with significant implications for future supply, pricing, and investment.

At Anova Energy, we continue to track these structural shifts closely.

Stay informed with our monthly Alberta Energy Market Update. Subscribe here: https://loom.ly/TpeA8yc

Happy Canada Day from all of us at Anova Energy🍁To our clients, partners, and everyone across this incredible country.Wi...
07/01/2026

Happy Canada Day from all of us at Anova Energy🍁

To our clients, partners, and everyone across this incredible country.
Wishing you all a safe and happy Canada Day!

Anova Energy Team

One of the most notable trends we are monitoring at Anova Energy in  ’s power market is the growing volatility ⚡.In May ...
06/02/2026

One of the most notable trends we are monitoring at Anova Energy in ’s power market is the growing volatility ⚡.

In May 2026, Alberta recorded approximately 150 hours at $0/MWh, the highest level ever seen for a May, up from 40 hours in 2024 and 70 in 2025—an increase of 275% driven by rising renewable generation and recurring supply surpluses.

At the same time, the market also reached extreme upside pricing, including the $999.99/MWh cap on May 25, followed by five consecutive hours above $900/MWh on May 27 and eight on May 28, signaling a clear shift toward more frequent price extremes!

This pattern of deep negative-to-zero pricing pressure on one side and repeated near-cap pricing on the other marks a new phase of structural volatility in Alberta’s market⚡.

As Alberta transitions to the Restructured Energy Market (REM), where the offer cap will rise to $1,500/MWh at launch in mid-2027 and peak price levels are expected to be higher than today, understanding and managing these swings will become increasingly critical for commercial and industrial energy consumers.

📊At , we actively monitor these dynamics to help clients interpret exposure, pricing signals, and emerging risk trends.

For businesses exposed to electricity prices, the focus is no longer simply on whether prices are high or low, but on managing a market that can move from zero to near $1,000/MWh within days.

Contact the Anova team at [email protected] for further insights or support.

One of the more important energy developments in Canada this month may not be getting enough attention from large indust...
05/25/2026

One of the more important energy developments in Canada this month may not be getting enough attention from large industrial consumers.

On May 15, 2026, the federal government and Alberta signed the Implementation Agreement tied to the Canada-Alberta energy MOU, adding further clarity around industrial pricing, energy infrastructure, and long-term market direction.

The agreement increases visibility on Alberta’s industrial carbon price trajectory, with a path rising from roughly $100/tonne in 2027 toward $130/tonne by 2040. It also confirms the introduction of a price floor for TIER credits starting in 2030.

📈 This structural change is already showing up in forward markets, with upward pressure on the back end of the curve. As a result, 3 to 5 year hedge offers have moved higher, despite near-term fundamentals remaining well supplied.

Market interpretation is also diverging. Retailers and generators are taking very different views on how carbon policy and supply adequacy will flow through to pricing, which is driving noticeable variation in contract structures and rates.

For large electricity and natural consumers, the key point is that policy, pricing, infrastructure, and load growth are now tightly linked to forward price formation, not just short-term supply-demand dynamics.

☝️This is a good moment to review strategy and ensure you have a clear view of how different market assumptions are being priced into offers.

At Anova Energy, we help consumers interpret these signals and structure strategies aligned with their risk profile and load requirements.

📩 Contact the Anova team at [email protected] for the fastest response.

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Suite 1902 102A Tower, 10025 102A Avenue NW Edmonton
Edmonton, AB
T5J0Y2

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