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Tidewater Renewables Ltd T.LCFS

Alternate Symbol(s):  TDWRF

Tidewater Renewables Ltd is a multi-faceted, energy transition company. The Company is focused on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. Its operating assets and projects are located in Alberta and British Columbia. The Company’s projects include the Renewable Diesel & Renewable Hydrogen Complex (HDRD Complex) at the PGR and a renewable natural gas (RNG) digestor facility in Foothills County, Alberta. Through these assets and projects, the Company supplies low carbon fuels to investment grade off takers, existing customers, government entities, Indigenous groups and others in the transportation, utilities, refining, marketing, and power industries. Its renewables’ operating assets include co-processing infrastructure and a steam methane reformer, used for hydrogen production, as well as working interests in a unifier reactor, certain utilities, storage tanks, and rail and truck racks.


TSX:LCFS - Post by User

Post by longrun86on Sep 29, 2024 3:36pm
36 Views
Post# 36246135

BC Low Carbon Fuel Market Pricing

BC Low Carbon Fuel Market Pricing

For those keeping any eye on the situation, the BC Governament maintains a "spreadsheet" with the volume and pricing.

Link here[url=https://https://www2.gov.bc.ca/gov/content/industry/electricity-alternative-energy/transportation-energies/renewable-low-carbon-fuels/credits-market]https://www2.gov.bc.ca/gov/content/industry/electricity-alternative-energy/transportation-energies/renewable-low-carbon-fuels/credits-market[/url]

Its very clear that the value of both LCFS and TWM are significantly impacted by this. 

As to whether or not the BC election will have an impact on this is unknown; however, it seems as though this is a low priority compared to things voters care about. On the conference call it was clear that without changes from the government, their are crazy loopholes for US based providers to double dip and for this reason, the market is effectively broken. You can see this in both the July and August credit market volumes.

I would appreciate if anyone has any unique insights on the situation.

LR

 

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