Suncor Energy Inc SU

Primary Symbol: T.SU

Energy Oil & Gas Integrated

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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

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Suncor Energy Inc > Hurricanes & SOLAR FARMS DON'T MIX WELL !

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Post by ztransforms173on Oct 14, 2024 7:30pm

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Post# 36265668

Hurricanes & SOLAR FARMS DON'T MIX WELL !

Costly Solar Panels Destroyed in Florida, Leaving Thousands in the Dark

In a devastating blow to the Democrat's Green New Deal agenda, the solar panel farm at Lake Placid, Florida, was ripped apart by Hurricane Milton, exposing the inherent vulnerabilities of relying on so-called "green energy."

See:

Video (12s):

https://rumble.com/v5ioii5-costly-solar-panels-destroyed-in-florida-leaving-thousands-in-the-dark.html?e9s=src_v1_ucp

About

The 63.20 MW Lake Placid Solar Project located in Lake Placid, Florida became operational in 2019. The development, construction and financing was managed by EDF Renewables for Duke Energy Florida.

https://www.edf-re.com/project/lake-placid/

Duke Energy Lake Placid Solar Cost

According to available information, the Duke Energy Lake Placid solar farm in Florida has a total cost of approximately $60.6 million. This cost is expected to be recouped through the electricity generated by the solar plant, which will be reflected in residential customers’ monthly bills. Specifically, the estimated impact on residential customers’ rates is 22 cents per 1,000 kWh.

Note that this cost estimate only applies to the Lake Placid solar farm and does not represent the total cost of Duke Energy’s solar investments in Florida, which are estimated to be around $1 billion through 2022.

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z173e Placid Solar