Past-Events

The Canadian Cannabis Energy Challenge: Power Industry Due Diligence for Canada’s Legal Marijuana Market

By April 23, 2018 No Comments

Resource Innovation Institute is pleased to partner with EUCI on this important event addressing the energy impacts of the largest federally regulated cannabis market in the world.

Time & Location

Apr 23, 8:15 AM – Apr 24, 11:45 PM
Element Vancouver Metrotown, 5988 Willingdon Ave Burnaby, BC V5H 2A7

 

About The Event

Resource Innovation Institute is pleased to partner with EUCI on this important event addressing the energy impacts of the largest federally regulated cannabis market in the world. RII founders John Morris and Derek Smith will be speaking along with leading Canadian and US-based utilities, governments and cannabis industry stakeholders.

RII members can receive a 10% discount* off the registration price! Or, register 3, and send the 4th free.* Look for your RII member email or contact us to receive your discount code.

———–
It is not well known that the cannabis industry is an extremely energy-intensive industry, and arguably one of the most unsustainable growing industries in the world today. Indoor-growing facilities require massive amounts of energy for lighting, venting, and dehumidification. Communities, where cannabis was first legalized at the recreational level such as the U.S. states of Colorado, Washington, and Oregon, have struggled to find effective solutions to manage the industry’s enormous energy requirements. In 2012, even before the legalization wave started in earnest in the U.S., one study found that legal indoor marijuana growing facilities accounted for 1% of national electricity use at a cost of roughly $6 billion per year, already rivaling energy consumption of data centers.
This specialized conference will explore the impact on energy consumption and power operations of the upcoming legal cannabis industry in Canada. It will focus on evaluating key considerations and planning needs that the Canadian energy industry must confront when operating in a market for medical and/or recreational marijuana grows, and discuss the special due diligence required from the power sector, regulators, and cannabis industry to collaborate on best practices.
Key Takeaways Include
The impact of the cannabis industry to utility system operations and the power grid
Potential cannabis industry size on provincial and national and its impact on electricity consumption, power operations, and Canada’s climate change goals
Unique legal, regulatory, and financing challenges for utilities as a result of the industry
Energy requirements for a typical marijuana cultivation facility indoor, outdoor and greenhouse
The sustainability of marijuana cultivation and energy usage
Optimal engineering designs for energy efficient marijuana grow rooms
* Please note that you can earn either a 10% individual discount or the 4/3 group discount, but cannot combine both on the same registrations. All discount offers to new registrations only.