How does one predict the future of an entire industry, particularly one that is characteristically unpredictable? The answer can be summed up in a couple of words: science and economics.
Each year the Alberta Energy Regulator (AER) releases an annual reserves and supply report, ST98 2018: Alberta’s Energy Reserves 2017 & Supply/Demand Outlook 2017-2027.
The report is the culmination of hundreds of hours of analysis by AER staff poring over thousands of data sources, scientific reports, economic models, and calculations.
Below are some big takeaways from the report.