This session will feature ministerial and industry leaders who will provide an overview on Canada’s global energy landscape and will provide updates on key government initiatives shaping the energy industry.

As temperatures plummeted across western Canada in January 2024, the need for reliable energy powered by a diverse energy mix became very apparent. Although traditional energy sources such as natural gas will continue to play an important role in providing reliable power, recent extreme weather events have highlighted the importance of the need for a combination of traditional energy and renewable energy sources to work together towards achieving a reliable and decarbonized power grid.

Attendee insights
This session will examine the importance of utilizing a variety of energy sources towards a stable electrical grid. Delegates will learn the role renewables will play in the energy future and how their role in future energy.

Canada’s emissions cap that will be phased in from 2023 to 2026 aims to limit emissions from the oil and gas sector at 35 to 38 per cent below 2019 levels. However, many energy companies are already prioritizing reducing their emissions with six of Canada’s largest oil and gas producers collaborating to reduce carbon dioxide emissions from their combined operations by 22 million tonnes annually from 2021-2030. Will the emissions cap help reduce emissions without effecting production or will the regulations hinder production and have a negative impact on Canada’s overall economy?

Attendee insights
Industry leaders will debate the impact of Canada’s emissions cap and discuss how it may affect Canada’s energy industry. Delegates will hear what Canada’s energy companies are already doing to curb emissions and will see how closely these emissions reductions strategies align with Canada’s emissions cap.

Canada has made great strides in reducing its emissions since the Global Methane Pledge was enacted in 2021. However, as other nations strive to reduce their methane emissions further, the Government of Canada has drafted amendments to its methane regulations to mirror amendments made by other nations who are committed to responsible energy production.
The government estimates the amendments will result in the emissions reduction of 217 million metric tonnes of carbon dioxide equivalent from 2027 to 2040: equating to a 75% reduction of emissions from the oil and gas sector. The new rules will start rolling out in 2027 and will include the elimination of routine venting and flaring of oil and gas infrastructure, enhance leak detection and repair, and address problems such as blowdowns and other potentially large methane releases.

Attendee insights
The panelists will share insights on how Canada’s new methane regulations will impact Canada’s energy industry and will discuss how the regulations compare with the recently updated regulations from the United States, Brazil, and Egypt. Delegates will learn how these new regulations may help create new business opportunities in Canada’s clean technology sector and the impact that these new regulations will have in helping to limit global warming to 1.5 degrees Celsius.

Access to electricity is an afterthought for most parts of the world but unfortunately 16% of the world’s population (approximately 1.2 billion people) live without electricity. The issue is especially dire in sub-Saharah Africa where 600 million people live without access to electricity. This global panel will examine what needs to happen to unlock more energy for the rest of the world and the political barriers to implementation that are hindering electricity access.

Attendee insights
Delegates will learn how political strategies and new innovations like solar powered mini grids can help make energy more available and affordable for nations facing energy security and affordability.

A global energy leader will be interviewed and will share their critical insights on the global energy landscape.

Over 80% of the world's total energy consumption is derived from fossil fuels. Usage is even higher in developing nations who do not have the same access to affordable and reliable alternative energy sources.

Attendee insights
Delegates will learn the important role fossil fuels play in developing nations and how emerging technologies will help power a clean energy future.

Canada is the world’s fifth largest producer of natural gas and accounts for around five per cent of global production. In 2020, Canada ranked 6th in the world amongst the top global natural gas exporters but has since fallen out of the top 10.
The Canadian Energy Research Institute found that delays in Canada’s regulatory process meant that, on average, it took Canadian LNG projects 19 months longer to receive approval compared to the U.S. With the Freeport LNG project coming back online, the United States became the largest exporter of natural gas in the first quarter of 2023 and is poised to remain a top producer for the near future.
What steps will Canada need to take compete with emerging markets and how soon will it be able to ramp up its export potential?

Attendee insights
Panelists will discuss strategies for how Canada can capitalize on its LNG potential and what needs to happen for exports to increase globally. Delegates will gain insight on potential solutions for overcoming regulatory challenges and strategies for attracting more LNG investment.