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VIDEO

Pace, money and innovation: BLG’s Sonya Savage and EDU's Graeme Edge talk energy transition

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How can we stay on track in the energy transition? Who needs to be involved in the important conversations and decision-making around building, financing and implementing new energy projects? What role does AI play? How can North America remain competitive in the energy transition?

These important questions and more were explored when BLG’s Sonya Savage sat down with Energy Disruptors: UNITE CEO, Graeme Edge.

Here are some key takeaways from the conversation:

  • The energy transition is well underway. There may be curveballs, ups and downs, and new and unexpected innovations but it is happening, and much of that innovation is taking place in Alberta.
  • Stakeholder consultation is key in successful energy transition projects. Corporations and governments must proactively work with community residents, Indigenous groups, local businesses and more. A collaborative approach will be necessary to move energy projects ahead and to ensure projects stay on time and on budget.
  • The energy transition is complex. There are many factors to consider from regulations and policies to stakeholder relations and rapid changes in technology, which is why it is vital that governments, corporations and stakeholders come together.
  • Good climate policy is essential. Governments must collaborate to advance the energy transition forward. In Canada, the provinces are leading the charge, but cooperation with the federal government is necessary to stay on course.
  • AI is a crucial tool in the energy transition. AI technologies are being used in various ways, including to lower emissions in traditional oil and gas sectors. However, proper regulation is needed to ensure their effective and safe use.

Watch the full video or read the transcript below.

BLG’s Energy, Resources & Renewables group has the expertise to help with any energy transition matter. If you have any questions about energy transition, please reach out to any of the key contacts below.

Key Contacts