Despite Alberta lifting its moratorium on new renewable energy projects eight months ago, wind and solar investments remain stalled as companies seek more stable opportunities in other Canadian provinces.
Kyle Bakx and Paula Duhatschek report for CBC.
In short:
- Alberta's restructuring of its electricity system continues to deter new renewable energy investments.
- Other provinces like Quebec, Ontario and Saskatchewan are benefiting from increased interest in wind, solar and battery storage projects.
- Renewable energy developers point to ongoing uncertainty in Alberta's energy policy as a significant barrier to progress.
Key quote:
"It's just like wave after wave of uncertainty and challenge in the market."
— Sol Hutson, general manager of foundation solutions with the solar tracker company Nextracker
Why this matters:
Uncertainty in Alberta’s renewable energy policy is causing a significant investment shift, potentially slowing the province’s transition to cleaner energy. Meanwhile, other regions are accelerating their renewable energy goals, widening the gap in green development.
Read more: Alberta's environmental plan leans on oil with a green twist
