Our Energy Business
As a leading Canadian diversified resource company, Teck is committed to responsibly developing the resources essential to improving people’s quality of life.
As the world’s population continues to grow and become more urbanized, the need for energy increases. Conventional sources are declining, making it more important than ever to focus on improving technology for the sustainable extraction of energy and on increasing the development of renewable power sources.
We all rely on energy—to keep the lights on, to get to work, or to heat or cool our homes. Teck is focused on the sustainable development of new sources of energy to meet global demand.
Our three oil sands projects located in the Athabasca region of northeastern Alberta hold significant production potential. The Wintering Hills Wind Power Facility in Alberta, in which we are a partner, is now generating enough renewable electricity to power 35,000 homes.
Teck owns 100% of the Frontier oil sands project, a 20% interest in the Fort Hills oil sands project and an interest in other oil sands leases, including a 50% interest in the Lease 421 Area.
Teck also has a 30% interest in the Wintering Hills Wind Power Facility, located near Drumheller, Alberta. Wintering Hills represents Teck's first investment in wind energy, and went into full operation in November 2011.
Last updated: October, 2013