|November 02, 2006|
Canada's energy technology priorities
|Ottawa, Canada (GLOBE-Net) - The National Advisory Panel on Sustainable Energy Science and Technology has released its report on Canada's key energy science and technology priorities and mechanisms for delivery on these priorities. The panel calls its report "a call to mobilize a major, long-term Canadian effort in sustainable energy science and technology." |
The report notes that Canada is an energy producing-nation, blessed with natural resources in all of the major energy sectors, as well as science and technology expertise in emerging sustainable energy sources. Crude oil, natural gas, coal, hydro, wind, nuclear, and hydrogen, are all areas in which Canada possesses natural and human resources. In a world where energy is a vital economic and environmental issue, Canada's enormous wealth in these areas will be a major factor in the country's financial and geopolitical fortunes.
However, there are 'masked difficulties' which could undermine this position, and a strong, concerted science and technology effort is needed to establish and maintain leadership in secure, sustainable energy, warns the Panel.
There are three factors that are spurring the need for advancements in Canadian energy technologies, the report says. First, sustained higher energy prices will bring greater returns to energy companies but will stress other areas of the economy, increasing the need for energy efficiency.
Second, without domestic energy innovation, Canada will remain dependent on imported technologies and will need to rely on others to make breakthroughs and harness our own natural resources.
Lastly, and perhaps more importantly, says the report, the environmental issues that come with energy production and consumption, primarily greenhouse gas emissions, are becoming increasingly important.
The report makes recommendations in two key areas:
To improve the Funding and Delivery of Energy Science and Technology, the Panel recommends the following:
The priority areas are: