NEB report says future energy supply ample and will challenge Canadians to make smart energy choices



    CALGARY, Nov. 15 /CNW/ - Canadians will have choices to make concerning
how they use energy but energy supply is not in question says the latest
report from the National Energy Board.
    Canada's Energy Future looks at energy supply and demand from a Reference
Case and three scenario perspectives between 2005 and 2030. Across all
scenarios, energy demand continues to increase but there will be enough supply
to meet the growing need.
    "Canadians will face a different energy environment in the next 25 years
than in previous years," says NEB Chair Gaétan Caron. "Fortunately, Canada has
the gift of abundant natural resources and Canadians have the opportunity to
make important choices and shape our energy future."
    While the report says that emerging technologies and alternative energy
sources are growing fast, they continue to fulfill a small portion of the
total energy demand requirements. For example, emerging and alternative
energy, such as wind, solar, geothermal and biofuels (biomass, ethanol and
biodiesel) in the "greenest" scenario account for 10 per cent of the total
energy demand in Canada in 2030. Conventional energy will continue to be the
number one fuel source for Canadians.
    "Decisions taken today by every Canadian will over time go a long way
towards creating a sustainable future," says Caron.

    
    Other highlights of the report include:

    -   Significant growth in the oil sands is expected and will come with an
        increase in pipeline infrastructure and markets.
    -   In two of the three scenarios, natural gas production and exports
        decline.
    -   Electricity exchanges between provinces and exports to the U.S. will
        increase.
    -   Controlling greenhouse gas emissions associated with energy use will
        be challenging.
    

    Canada's Energy Future carries on a long tradition dating back to 1967 of
the NEB providing Canadians with information on the future of energy in
Canada. The last NEB report focusing on the issues was released in the summer
of 2003.

    The NEB is an independent federal agency that regulates parts of Canada's
energy industry. Its purpose is to promote safety and security, environmental
protection, and efficient energy infrastructure and markets in the Canadian
public interest, within the mandate set by Parliament in the regulation of
pipelines, energy development and trade. As part of its mandate the NEB
monitors the supply of all energy commodities in Canada and publishes a range
of reports on energy.

    This news release, fact sheets and the Report are available on the
Board's Internet site at www.neb-one.gc.ca under What's New!





For further information:

For further information: Kristen Higgins (khiggins@neb-one.gc.ca),
Communications Officer, Telephone: (403) 299-3371; For a copy of Canada's
Energy Future: National Energy Board, Library, Telephone: (403) 299-3561,
E-mail: library@neb-one.gc.ca


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