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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Experiencedon Jun 03, 2023 8:43am
172 Views
Post# 35478287

RE:RE:RE:$0.60 energy cost to drive 100 miles

RE:RE:RE:$0.60 energy cost to drive 100 milesMost EVs have similar battery conditioning options to warm up the battery.  The one limitation in all this seems to be that the car needs to be plugged or else the energy to heat up the battery could drain the battery.  Some cars (Tesla?) won't do it unless the car is plugged in.

All that said, frankly, it would be a very rare situation where it is extemely cold and you are in a location for several days without access to an electrical outlet.

In practical terms, you can charge up your EV even in very cold conditions, it will just take longer.  Most EV brands have battery preconditoning which is a fancy term for warming up the battery prior to charging so the charging speed is faster.

There is alot of money going into battery technology.  I have seen prototypes by a Canadian company that have a range of over 1000km which is about double the distance for a typical SUV ICE.  These batteries are made from recyled materials (not rare earth metals) and have a battery life of of over 1 million km which is much longer than the useful life of an ICE engine.  I would expect to see such batteries in commercial production within 3-5 years.
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