The word coming out of Canada has me thinking, without CCS the gas sector will be decimated, creates a lot of incentive for producers to get in bed with KDP for these proposed projects to secure revenue moving forward.
There is some opposition to CCS so it may be that the early movers may be best placed in this respect. Saddle Hills does look encouraging as a peaker with exemptions looking likely for such operations. Also bodes well for Waste Heat to Power operators.
There is a pause on AUC approvals for renewable projects until late February 2024 giving KDP a window to fast track their applications for projects if they can move quickly, although if they can't get their applications in quickly to the AUC then they'll hit a bottleneck.
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