Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Maxim Power Corp T.MXG

Alternate Symbol(s):  MXGFF

Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional... see more

TSX:MXG - Post Discussion

Maxim Power Corp > Alberta’s Hydrogen Roadmap Continues Driving Progress
View:
Post by tinkvid on Sep 07, 2022 9:48am

Alberta’s Hydrogen Roadmap Continues Driving Progress

https://www.netnewsledger.com/2022/09/07/albertas-hydrogen-roadmap-continues-driving-progress/

Alberta’s Hydrogen Roadmap Continues Driving Progress
By NetNewsLedger -September 7, 2022140
 
EDMONTON – Associate Minister of Natural Gas and Electricity Dale Nally issued the following statement on the future of hydrogen blending in Alberta:
 
“Earlier this year, the Alberta Utilities Commission (AUC) was asked to conduct an inquiry into the future of hydrogen blending in Alberta. Their findings have been submitted to the government, identifying areas that require further work and clarification, including critical pieces like the potential impacts on consumers.
 
“I would like to thank the many companies, consumer groups and the commission itself for their valuable input into the report. It represents an important step forward in understanding how to most responsibly advance Alberta’s hydrogen economy. I am proud of Alberta’s momentum in this space – not only launching a cutting-edge road map but also being the first province in Canada to publish a comprehensive inquiry to establish a legislative and regulatory framework for hydrogen blending across the entire province.
 
“Hydrogen blending has the potential to help reduce emissions and grow the clean energy sector while fuelling our homes and businesses. Our government continues to take steps to explore how to safely, reliably and cost-effectively introduce hydrogen into Alberta’s natural gas system.
 
“In the coming months, we’ll work with stakeholders to continue developing a hydrogen blending framework that provides certainty to investors and supports a cost-effective system for Albertans. In addition, we will work to clarify different organizations’ responsibilities in regulating the various parts of a hydrogen blending market. This will help protect consumers and ensure companies looking to move forward with blending hydrogen and natural gas have all the information they need to proceed.
 
“Alberta’s hydrogen sector continues to grow at an amazing pace, with more announcements of funding, pilot projects and technological advancements arising all the time. We are committed to exploring the hydrogen blending opportunity in an efficient and clear way.”
 
 
Quick facts
Hydrogen blending is the process where hydrogen is added to natural gas transmission and distribution systems.
When used as a fuel source, hydrogen emits only water vapour when combusted.
The AUC inquiry was focused on hydrogen blending at 20 per cent by volume in natural gas distribution systems, such as those used for residential and commercial utility purposes. This includes the mixed fuel’s use in existing appliances such as furnaces, boilers, water heaters, gas fireplaces, stoves and laundry dryers.
Alberta’s Hydrogen Roadmap identifies hydrogen blending at 15 to 20 per cent by volume into the natural gas distribution network as an early and important market for Alberta’s hydrogen ambition.
Comment by tinkvid on Sep 15, 2022 10:31am
Strength in an overall uneasy market.  New High and small offers!
Comment by dpunt32 on Sep 15, 2022 1:47pm
September has been quite good so far, average of $290 for first 14 days..huge numbers..sets up for a substantial Q3..there were some analyst notes last few days highlighting Transalta and Capital power benefitting from high prices and lower gas prices, they mentioned the spark rate for gas fired plants was at $175 vs $75 last year., so it definitley applies to MXG, and some are noticing that could ...more  
Comment by longrun86 on Sep 15, 2022 2:34pm
How does the commissioning of M2 impact their ability to generate revenue? I would have expected that they would have had to interrupt power generation while they bring M2 up.  Disclaimer: I am not an engineer so I don't really know how this works... please forgive my ignorance! LR
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities