Alberta has unveiled plans to install 5GW of wind, hydro and solar energy capacity to meet a new renewable energy target of 30% by 2030.
“Growing our renewables sector is a transformational opportunity for Alberta to become a more energy-efficient, lower-carbon province,” said Shannon Phillips, minister of environment and parks and minister responsible for the climate change office for the province in western Canada.
To reach the target, Alberta estimates at least C$10.5bn in new investment will flow into the provincial economy by 2030 and more than 7200 new jobs will be created.
The Alberta Electric System Operator will solicit proposals through the Renewable Electricity Program for projects larger than 5MW. Details on the procurement program will be released in the coming months.
Wind development in Alberta has been at a standstill for the past few years, however, several developers have recently dusted off dormant project plans in anticipation of the new regime.
“The decision sends a clear signal to investors that Alberta remains committed to attracting significant new investments in cost-competitive wind energy,” said Canadian Wind Energy Association president Robert Hornung.
Image: Halkirk wind farm in Alberta (RES Americas)
