Potential Capital Cost and Financing Required for Canadian Energy Projects
The rapid shift in energy costs precipitated by the oil crisis of 1973 has led to substantially increased requirements for capital expenditures on energy. The historical structure of the capital allocation process in Canada for our major sources of energy — petroleum and electricity — is reviewed. The financing requirements requirements for electricity generation, conventional oil and gas exploration and development, tar sand and heavy oil plants and northern gas or oil pipelines are assessed and the major problems in raising capital are analyzed. The cost of capital which will be required to attract adequate investment in energy is discussed and the factors currently inhibiting economic efficiency in our response to the energy crisis are presented.
KeywordsPetroleum Uranium Assure Dian Wellhead
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