Gaining your edge

Energy Edge is an initiative of Greenhouse Canada magazine aimed at turning what is a liability for most growers – fluctuating energy costs – into a competitive advantage. With energy accounting for as much as 40 per cent of the operating costs of many greenhouse operations, small and steady improvements on this front can move the needle in a big way on the bottom line. Energy Edge will look at new technologies, innovative projects, case studies of growers finding their own Energy Edge.

You can read about it in each issue of Greenhouse Canada, but we’ve also created this dedicated microsite. Here you can find regular news items on the subject, new technology and products, video, and in-depth archives on the subject.

We’ll also produce a bi-weekly enewsletter to keep you up to speed on what we’re covering. It is free to all Greenhouse Canada digital subscribers. You can sign up for it here.

If you want to add to the conversation, please drop us a line and let us know about your project, technology, services, or concerns at energyedge@annexweb.com.

Natural gas update - prices and supply outlook

Tuesday, 01 May 2012
The McMahon natural gas processing plant in Taylor, BC. The McMahon natural gas processing plant in Taylor, BC.
Canadian natural gas prices could be poised for a recovery, and natural gas prices in the US increased by nearly five per cent on Monday April 30.



Canadian natural gas prices could be poised for a recovery “after hitting 10-year lows on the back of slashed drilling programs and the prospect of a hot summer,” the Calgary Herald reported on May 1st. “The number of drilling rigs targeting natural gas dropped substantially on both sides of the border during the first quarter [of 2012], with unseasonable heat last week and a cold front this week bumping up demand in many regions of the United States.”

Meanwhile, natural gas prices in the US increased by nearly five per cent on Monday April 30 due to recent supply cuts by gas producers. At the end of the day, natural gas futures has risen 9.9 cents to $2.285 USD per 1000 cubic feet, the highest price since March 21.

The news website ‘ninemsn’ reports that US supplies of gas “have ballooned to nearly 60 per cent above the five-year average, after a wave of new shale drilling delivered more natural gas to the market than people were able to use…Analyst Stephen Schork noted, however, that supplies continue to grow this spring, and that could still push storage facilities to full capacity later this year.”

Read more here and here.

 

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