Can Solar Energy Breathe new life into Abandoned Oil Well Sites? With Speaker Keith Hirsche episode artwork

EPISODE · Nov 4, 2021 · 1H 2M

Can Solar Energy Breathe new life into Abandoned Oil Well Sites? With Speaker Keith Hirsche

from Southern Alberta Council on Public Affairs (SACPA) · host Southern Alberta Council on Public Affairs

Alberta has 170,000 plus inactive and abandoned oil wells and over 3000 orphan wells that have been abandoned by failed companies. It all adds up to a liability in excess of $30 billion against a total security deposit of less than $250 million. There is also a growing tax liability. In a survey, the Rural Municipalities Association of Alberta (RMA) found $245 million in unpaid property taxes owed by oil and gas companies in February 2021, a 200 percent increase from 2019. Lease arrears to land owners, are also in the millions. The speaker will argue that an average of 750 kilowatts solar energy can be installed on abandoned oil well sites by converting those without further impact on the farmland, thus creating a long-term source of revenue in the form of taxation to municipalities and lease payments to land owners. He will detail the possibilities of such installations and further contend that local renewable energy production can minimize the need for, expensive to construct, high-voltage transmission lines. With support from Alberta’s Municipal Climate Change Action Centre, the M.D. of Taber and 3 irrigation districts (St. Mary River, Taber and Raymond), two 1 MW pilot projects are scheduled for construction in the Spring of 2022. Speaker: Keith Hirsche                Keith Hirsche is a fourth generation Albertan, second generation in the oil and gas industry and the originator of the RenuWell Project. Over the course of his career, he provided research support for in-situ oilsands production, managed software developments and played key roles in several consortia including Canada’s first CO2 sequestration/EOR project. Keith was introduced to renewable energy technology in 2003 while visiting extended family in Denmark. Later that year, he founded Elemental Energy (2003 Alberta) Inc to explore how conventional and renewable energy systems could be combined for a more sustainable future. Since 2016, he has worked with key stakeholders to create economic, environmental and social benefits by repurposing Alberta’s legacy oil and gas infrastructure to be a foundation for renewable energy development. In addition to his technical experience, Keith is trained in group facilitation and conflict management.

Alberta has 170,000 plus inactive and abandoned oil wells and over 3000 orphan wells that have been abandoned by failed companies. It all adds up to a liability in excess of $30 billion against a total security deposit of less than $250 million. There is also a growing tax liability. In a survey, the Rural Municipalities Association of Alberta (RMA) found $245 million in unpaid property taxes owed by oil and gas companies in February 2021, a 200 percent increase from 2019. Lease arrears to land owners, are also in the millions. The speaker will argue that an average of 750 kilowatts solar energy can be installed on abandoned oil well sites by converting those without further impact on the farmland, thus creating a long-term source of revenue in the form of taxation to municipalities and lease payments to land owners. He will detail the possibilities of such installations and further contend that local renewable energy production can minimize the need for, expensive to construct, high-voltage transmission lines. With support from Alberta’s Municipal Climate Change Action Centre, the M.D. of Taber and 3 irrigation districts (St. Mary River, Taber and Raymond), two 1 MW pilot projects are scheduled for construction in the Spring of 2022. Speaker: Keith Hirsche                Keith Hirsche is a fourth generation Albertan, second generation in the oil and gas industry and the originator of the RenuWell Project. Over the course of his career, he provided research support for in-situ oilsands production, managed software developments and played key roles in several consortia including Canada’s first CO2 sequestration/EOR project. Keith was introduced to renewable energy technology in 2003 while visiting extended family in Denmark. Later that year, he founded Elemental Energy (2003 Alberta) Inc to explore how conventional and renewable energy systems could be combined for a more sustainable future. Since 2016, he has worked with key stakeholders to create economic, environmental and social benefits by repurposing Alberta’s legacy oil and gas infrastructure to be a foundation for renewable energy development. In addition to his technical experience, Keith is trained in group facilitation and conflict management.

NOW PLAYING

Can Solar Energy Breathe new life into Abandoned Oil Well Sites? With Speaker Keith Hirsche

0:00 1:02:55

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs The Small Business Startup School Inc. Starting or buying a small business? While personal circumstances may vary, business patterns remain timeless. On The Small Business Startup School, we explore strategies, insights, and practical solutions to help entrepreneurs confidently navigate their journey.Hosted by Ola Williams—a retail entrepreneur, fintech founder, and financial coach with over two decades of experience—this podcast marries financial awareness and retail psychology with optimism to deliver actionable takeaways.Join us to learn, grow, and connect as we uncover the keys to business success.Let’s continue to learn together and be encouraged to keep on connecting! PodQuesting Dwight J Randolph- WolfShield Media PodQuesting: -By WolfShield Media and Dwight J RandolphJoin us on an exciting journey to master the world of fiction podcasting! At PodQuesting, we document our quest to improve and innovate, sharing valuable insights, strategies, and behind-the-scenes tips along the way. Whether you're an experienced podcaster or just starting your first show, our podcast is your go-to resource for everything podcasting.Discover practical advice, creative techniques, and lessons from our own experiences as we explore the ever-evolving podcasting landscape. Ready to level up your skills and embark on this adventure with us? Tune in and join the quest!Have questions or feedback? Reach out to us at [email protected] and visit our website:WolfShield.Media LIGHTS, CAMERA, SMILE! Creatives Club Media Lights, Camera, Smile, is a podcast for anyone with a dream to share something with the world, out of the overflow of themselves - be it their mind, their heart, their personalities, and much more. Each of us are alive in this moment in time, with an innate ability to have ideas and create various things to benefit both ourselves and the people around us for a reason, and here, you will find the encouragement, the inspiration, and the motivation to do just that. Hosted by Cicily, founder of Creatives Club, she dives into various topics surrounding creativity and business. Exploring entrepreneurship for creatives in a corporate reality, sharing tips and tricks in a media centered company, answering questions regarding what a creative actually is are just a few of the things discussed on this podcast. Be encouraged to create for yourself as Cicily gets vulnerable by pivoting the camera to herself for the first time.To submit questions for Cicily to answer, or have her address certain t Kaizen Blueprint Aldo Chandra "Kaizen" is a Japanese term for continuous improvement. This podcast provides a blueprint to learn about health, wealth, relationships and everything else in between. Through our podcast, we strive to inspire, educate, and motivate our audience to cultivate a mindset of lifelong learning, productivity, and personal development. By sharing insights, strategies, and practical tips, we aim to guide listeners on their journey towards realizing their fullest potential, fostering success, and creating lasting positive change.

Frequently Asked Questions

How long is this episode of Southern Alberta Council on Public Affairs (SACPA)?

This episode is 1 hour and 2 minutes long.

When was this Southern Alberta Council on Public Affairs (SACPA) episode published?

This episode was published on November 4, 2021.

What is this episode about?

Alberta has 170,000 plus inactive and abandoned oil wells and over 3000 orphan wells that have been abandoned by failed companies. It all adds up to a liability in excess of $30 billion against a total security deposit of less than $250 million....

Can I download this Southern Alberta Council on Public Affairs (SACPA) episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!