‘Which thing to build?’: Montem Resources weighs coal mine versus hydrogen in Alberta
A company hoping to develop coal in Alberta’s Rocky Mountains says it will decide by the end of June whether to convert its open-pit mine proposal into a renewable energy project.
“Montem’s currently investigating its renewable resource opportunity,” said CEO Peter Doyle. “When it completes that, it’ll be able to compare its renewable resource opportunity to its coal opportunity.”
Montem Resources is one of the companies considering the Alberta government’s decision last month to extend a pause on coal development on the summits and eastern slopes of the Rockies.
Although Montem’s Tent Mountain project was designated an advanced project in the announcement and will be able to continue with regulatory reviews and environmental assessment, Doyle acknowledges the politics of coal mining are shifting.