A smoke column rises from wildfire EWF031 near Lodgepole, Alberta, Canada May 4, 2023.
Alberta Wildfire | Reuters
Wildfires burning across western Canada have forced thousands of people to evacuate their homes and have prompted some oil and gas companies to curb production as blazes approach pipelines.
The fires have burned about 478,000 hectares, or 1,800 square miles, across Alberta, British Columbia and Saskatchewan as of Monday — 10 times the average area burned for this time of year, according to the NASA Earth Observatory.
There were nearly 90 fires burning in the province of Alberta, a quarter of which are expected to get larger, according to the Canadian Wildland Fire Information System. More than 20,000 people have had to evacuate their homes.
The fires have had a notable impact on the region’s oil industry, as some drillers were forced to halt a small percentage of production in a precautionary measure due to shifting fire conditions. This week, benchmark Canadian heavy crude prices tightened to multi-month highs over concerns about the blazes.
Nearly 2.7 million barrels of daily oil sands production in Alberta is in “very high” or “extreme” wildfire danger zones, according to Rystad Energy, an energy consulting firm.
A smoke column rises from wildfire EWF-035 near Shining Bank, Alberta, Canada May 5, 2023.
Alberta Wildfire | Reuters
As of Monday, outage volumes stood at about 240,000 barrels of oil equivalent per day. However, the ultimate damage to production will likely exceed that number, Thomas Liles, vice president of Rystad Energy’s upstream research, wrote in a market update.
The smoke also has caused poor air quality and hazy skies in parts of southern Canada, as well as in North Dakota, Minnesota and several other states. The spread of the smoke, which contains particles called aerosols, has prompted concerns over the impact of poor air quality on respiratory and cardiovascular health.
The air quality levels in several cities in Alberta this week have been ranked as “very high risk” by Canada’s Air Quality Health Index, the highest-ranking category determining health risk. Wildfire smoke is forecast to linger and potentially increase over the coming week.
Property owner Adam Norris surveys the damage at his home in Drayton Valley, Alberta, Canada, on May 8, 2023.
Walter Tychnowicz | AFP | Getty Images
The BC Wildfire Service said the arrival of sustained winds from the north has caused “aggressive fire behavior on all wildfires” in Canada’s Peace Region, which is located in the northeast of British Columbia between the Rocky Mountain Foothills and the Alberta Plains.
“We are in unprecedented drought conditions,” said Scott Rennick, the incident commander at the North Peace Complex, who noted that aggressive fire behavior is occurring amid higher-than-average temperatures.
Climate change is increasing the frequency and intensity of wildfires in western Canada and prompting longer seasons. Rising temperatures, prolonged periods of drought and shifts in precipitation patterns make the region more vulnerable to fires that ignite and spread quickly.
The Canadian military and firefighters from Canada and the U.S. are working to combat the blazes, but changes in wind direction that switch the path of the blazes could create problems for responders.
Wildfire smoke is typically common during late summer and early fall around the peak of the annual wildfire season, which runs from March 1 to Oct. 31. But this month has seen seasonal heat records in several parts of Alberta, according to Environment and Climate Change Canada.
This image, from the Geostationary Operational Environmental Satellite 18 (GOES-18), shows smoke from the fires sweeping over southern Canada as well as North Dakota, Minnesota, and several other states on May 15, 2023.
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.
Danielle DeVries | CNBC
Power companies that are most exposed to the tech sector’s data center boom plunged early Monday, as the debut of China’s DeepSeek open source AI laboratory led investors to question how much energy artificial intelligence applications will actually consume.
Constellation, Vistra and GE Vernova have led the S&P 500 this year as investors speculated that AI data centers will boost demand for enormous amounts of electricity.
But DeepSeek has developed a model that it claims is cheaper and more efficient than U.S competitors, raising doubts about the vast sums of money the tech sector is pouring in to data centers.
The tech companies have anticipated needing so much electricity to supply data centers that they have increasingly looked to nuclear power as a source of reliable, carbon-free energy.
Constellation, for example, has signed a power agreement with Microsoft to restart the Three Mile Island nuclear plant outside Harrisburg, Pennsylvania. Talen is powering an Amazon data center with electricity from the nearby Susquehanna nuclear plant.
Vistra has not inked a data center deal yet, though investors see promise in its nuclear and natural gas assets. GE Vernova has soared this year as the market believes its gas and electric grid businesses will benefit from AI demand.
This is a developing story. Please check back for updates.
Executives from TravelCenters America (TA) and BP were joined by local elected officials at a ribbon cutting for the two companies’ first DC fast charging hub on I-95 in Jacksonville, Florida – the first of several such EV charging stations to come online.
Frequent road-trippers are no doubt familiar with TA’s red, white, and blue logo and probably think of the sites as safe, convenient stops in otherwise unfamiliar surroundings. The company hopes those positive associations will carry over as its customers continue to switch from gas to electric at a record pace in 2025 and beyond.
“Today marks a significant milestone in our journey to bring new forms of energy to our customers as we support their changing mobility needs, while leveraging the best of bp and TA,” explains Debi Boffa, CEO of TravelCenters of America. Boffa, however, was quick to – but TA is quick to point out that TA isn’ no’t leaving its ICE customers behind. “While this is significant, to our loyal customers and guests, rest assured TA will continue to provide the same safe and reliable fueling options it has offered for over 50 years, regardless of the type of fuel.”
The charging hub along the I-95 offers 12 DC fast charging ports offering up to 400kW of power for lickety-quick charging. While they’re at the TA, EV drivers can visit restrooms, shop at TA’s convenience store, or eat at fast food chains like Popeyes and Subway. Other TA centers offer wifi and pet-friendly amenities as well – making them ideal partners for BP as the two companies builds out their charging networks.
“As we expand our EV charging network in the US, I am thrilled to unveil our first of many hubs at TA locations,” offers Sujay Sharma, CEO of BP Pulse Americas. “These sites are strategically located across key highway corridors that provide our customers with en route charging when and where they need it most, while offering convenient amenities, like restaurants and restrooms.”
The new e2500-THL and TS electric Ultra Buggies from Toro offer construction and demo crews a carrying capacity of 2500 lbs. (on the TS model), six-and-a-half foot dump height (on the THL), nearly 13 cubic ft. of capacity, and hours of quiet, fume-free operation.
For their open-mindedness, those crews will be rewarded with machines powered by 7 kWh’s worth of Toro HyperCell lithium-ion battery. That’s good enough for up to eight hours of continuous operation, according to Toro – enough for two typical working shifts.
And, thanks to the Toro Ultra Buggies’ narrow, 31.5″ width, they can easily navigate man doors on inside jobs, as well, making them ideal for indoor demolition and construction jobs. A zero-turn radius and auto-return dump mechanism that ensures the tub automatically returns to the proper resting position make things easy for the operator, too.
Toro says that each of its small (for Toro) e2500 Ultra Buggy units can replace as many as five wheelbarrows on a given job site. Pricing is expected to start at about $32,000.