(181 Total References)
Using Bitumen to Fuel Green Energy | Tyee Solutions Society
"The challenge we have in Alberta," company founder and CEO Dan Balaban told me when we met in his sparsely furnished office down the hall, "is our need to diversify the economy beyond oil and gas."
One answer to that need, the green power executive thinks, is blowing across Alberta's prairies - some of the strongest and most reliable, if under-utilized, wind resources in the entire world.
Balaban hopes Greengate can ride those gusts into becoming the country's biggest independent producer of clean electricity.
But if there's an ill wind for Alberta's oil sands in the rise of clean energy, Balaban
doesn't see it.
believes, the bitumen sector will find it difficult to expand without a lush green-energy sector alongside it.
"We're starting to see a backlash against Alberta's fossil fuel industry in some pretty meaningful ways," he
"Demonstrating we have a vibrant renewable sector will help give us the social license we need."
not the only Albertan, or the only executive, who sees the fates of clean energy and fossil fuels in Canada as closely tied.
Leaned back in his office chair, Balaban, the Greengate Power CEO, is focused on a less dramatic transformation: proving to Canada's oil and gas capital that clean energy can deliver high economic performance alongside its environmental benefits.
listed several ways Alberta could accelerate the business case for renewables: implement a clean energy standard, favour natural gas over coal, raise the province's carbon price.
Yet even Balaban
seems reticent about imagining a near future without hydrocarbons at all.
"I believe it's in all of Canada's interest that we have a healthy fossil fuel sector in Alberta," he
"Increasingly this is a driver of the national economy."
is just a realist.
Or perhaps this is how you build consensus for clean energy in a province that emits more than a third of Canada's greenhouse gases, by presenting your low-carbon sector as less of a rival to fossil hydrocarbons and more as an ally, whose vitality is in their best interest.
"To continue developing our fossil fuel-based resources we need to demonstrate that we're environmentally responsible," Balaban
said of Alberta.
Then comes the pitch: "We have the opportunity to exploit some of best renewable energy resources in the world."
The one, he
believes, can clearly help the other.
Greengate Power: Dan ...
Greengate Power: Dan Balaban, 403-514-0556 ext 201
IPPSA - Board Memebers
President and CEO
Greengate Power Corporation
Dan Balaban, President and ...
Dan Balaban, President and Chief Executive Officer, Greengate Power, Canada
Dan Balaban looks at financial obstacles to the development of renewable energy projects as challenges to overcome.
team at Greengate Power
have developed wind energy projects across Alberta, Canada, by contracting sources of revenue and available transmission capacity.
The eight wind energy projects they are developing across Alberta will total 1,450 MW on approximately 165,000 acres of private land.
The 300 MW Blackspring Ridge in Western Canada is expected to reduce greenhouse gas emissions by 20,000,000 tonnes over 25 years.
It represents nearly $1 billion of investments in wind energy.
In recognition of his
innovative approaches to renewable energy and financing, Dan
is a 2015 Clean16 honoree in the category of renewable energy generation.
In choosing Dan
as an outstanding contributor to clean capitalism, it was noted, "Alberta-based renewable energy developments are particularly difficult to finance, as there are no supporting, government-backed power purchase contracts.
Despite this, Dan
and team persevered."
05. Meet Dan Balaban - Alberta's wind energy cowboy | Green Energy Futures
Blog: Dan Balaban, the CEO of Greengate Power, is not your typical wind energy entrepreneur
Dan Balaban is the president of Greengate Power and a wind energy entrepreneur.
has gone from no experience in renewable energy to cutting deals for the largest wind farms in Canada in five years.
brash, bold and confident and he's
pulling off big projects in a province that doesn't have any subsidies and has an electrical grid dominated by coal.
"This is the third business that I've started up so it's not my first rodeo," says Balaban
A dedicated entrepreneur Balaban
start running a software company that helped oil and gas companies manage everything from inventory to greenhouse gas emissions.
knew the next thing he
wanted to do was in the green space.
That was when he started Greengate Power, a privately held wind developer.
You'd think going from the oil business to the wind business would be like trading easy money for a fruit stand in the Okanagan, but Balaban
says wind is big business.
"The green industry is one of the best business opportunities of the next decade.
In wind energy alone it's been estimated there's going to be over a trillion dollars invested in wind energy and related infrastructure over the next decade."
You don't get rich opening another neighborhood laundromat and Balaban
wasn't interested in developing just another wind farm.
Podcast: The winds of change - A brief profile of Dan Balaban
is the third company that Dan Balaban
A private wind energy developer that works exclusively in Alberta he's
behind Alberta's biggest wind project called Halkirk One.
This 150 megawatt project will be doubled in size by his
next one called Blackspring Ridge One.
Profile of Dan Balaban - Calgary Herald